Word: selling
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Dates: during 1970-1979
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Regardless of the problems or benefits created by foreign investment in U.S. agriculture, capital gains tax avoidance on the part of foreign investors is no small matter. As a matter of equity, it is difficult for American farmers to pay a capital gains tax when they sell land, while their German or Japanese neighbors pay no tax at all. Moreover, the avoidance of capital gains taxes gives the alien purchaser an up-front advantage of around 25% on initial investment. With no capital gains tax, there is no deterrent to speculation in U.S. land...
...John, the slick Texan, swept into Washington last week and turned on his charm to sell his most cherished product: himself. Although John Connally's audience included more than 100 skeptical members of the National Press Gallery, even the clinking coffee cups were silenced. Still handsome and imposing despite the pounding of a topsy-turvy political career, Connally was in command...
Dominguez, who was recently nominated for tenure in the Government Department, said yesterday he had been surprised when his massive Harvard University Press book, "Cuba: Order and Revolution," went into a second printing. "I had expected it to sell maybe 30 copies--I still don't know who's paying $25 for this book," he said...
...skidding. Among the suggested replacements: aggressive, astounding, booming and dazzling. Trouble is, Volkswagen is now producing more cars in the U.S. than "fearless" AMC, bumping that "gutsy" company down to fifth place among domestic car producers. But "ingenious" AMC expects to do better once its "formidable" arrangement to sell French Renault cars gets going in the U.S. later this year...
...three teams met head to head last night at Boston Garden before a sell-out crowd--and the New York Islanders came out on top with a 4-2 victory over the Boston Bruins...