Word: renters
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Dates: during 1960-1969
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However, the presence of burly police under orders not to let anyone leave and then re-renter the dining room, made the presentation impossible. Instead, Jeff Seder '70 rose from his seat and interrupted the beginning of Master Alvin M. Papenheimer, Jr's introduction to the President's speech...
That first income tax law (rates: 3% on income of $600 or more, 5% on $10,000 or more) included a prophetic batch of exceptions, including a provision permitting every taxpayer to deduct a house rent allowance, whether he was a renter or not-a forerunner of many anomalous provisions to come...
...code. The double exemption for blind taxpayers is a humane provision, but it creates a special privilege not shared by taxpayers who suffer other kinds of disabilities. The deductibility of mortgage interest fosters socially desirable home ownership, but it gives the home owner a special advantage over the renter, whose rent includes a share of the land lord's interest costs...
...discounts are given for advance payment. Best of all, subscribers have no difficulty getting faulty sets repaired or replaced at no charge. The larger rental companies maintain mobile repair vans with parts, test benches and generators; one firm handles 30,000 service calls a week. Says a satisfied London renter: "By the time you've finished buying a set on hire-purchase,* it isn't worth anything anyway. You have no equity. What's the sense...
...vicious circle of the system allows the former renter to outbid the Indians when the lease expires and take over the hacienda as soon as it becomes profitable once more. The renter waits for the Indians to accept the tempting agricultural aid that several organizations offer--which would increase prosperity in the community, hence assuring a return to serfdom. Caught in this system, these Indians are afraid to act and wait quietly for an opportunity to change. Should revolution sweep Peru, as many observers feel it soon will, these are some of the people with nothing to lose and everything...