Word: regular
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Dates: during 1970-1979
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...Homeowners smarting from high property taxes are given a once-in-a-lifetime break. They can pocket up to $100,000 tax-free from the sale of their homes -but they have to pay the regular capital gains tax on any houses they sell after that...
Wilson F. Minor, 56, bought the North side Reporter, a small suburban weekly, in 1973. With the help of a handful of regular advertisers and a skeleton staff, he has transformed it into the still small but unabashedly aggressive Capital Reporter (circ. 6,000). Politics is the paper's forte, and Minor's love. His uncanny eye for wrongdoing, along with a slew of sources developed during his 30 years with the New Orleans Times-Picayune, has breathed life into the paper's catchy motto: ONCE A WEEK, BUT NEVER WEAKLY...
...small airlines undoubtedly would prosper by moving into profitable niches overlooked by the bigger carriers. Southwest, a small regional carrier, has applied for routes to Chicago with a regular fare 50% below that of the major airlines, and it could perhaps make a marginal profit on that heavily traveled run. Freddie Laker is the perfect example of a small operator who chose a lucrative route and cut rates to fill his planes beyond the break-even point. But Laker incurs none of the costs of providing service to small communities that could not fill up his planes...
Though Director John Landis (The Kentucky Fried Movie) strives for an ensemble effort, he does allow one true star performance-from John Belushi. This Saturday Night Live regular, here making his big-screen debut, may be the funniest fat comic actor since Jackie Gleason. Ill-shaven and semicomatose, Belushi plays the mangiest animal of them all. He does not have many lines, but he is splendid at starting food fights and leading his fraternity brothers in drunken choruses of Louie Louie...
Though the Lampoon has become big and rich, it has never lowered its scathing comic voice. "What we do is oppressor comedy," is the proud claim of Lampoon Editor in Chief PJ. O'Rourke, 30. "Woody Allen says, I'm just a regular shmuck like you.' Our kind of comedy says, 'I'm O.K.; you're an asshole.' We are ruling class. We are the insiders who have chosen to stand in the doorway and criticize the organization. Our comic pose is superior. It says, 'I'm better than...