Word: stockely
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Dates: during 1970-1979
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That the subject should come up in that form at all is rather amazing. Capital gains taxes are levied on profits realized on the sale of stock, real estate, businesses or almost any asset held for twelve months or longer. As late as 1969 the lid on this tax was 25%; one of the supposed triumphs of the loophole closers of the mid-1970s was to raise that maximum to 49% now, and as recently as a year ago the Carter Administration was preparing a proposal to tax capital gams at full ordinary-income rates, which would have meant...
McDaniel is survived by his second wife, the former Helen Stock...
...approved, the deal would end the grandiose hopes of feisty little Texas International Airlines of taking over National. But the Texans, who have lately spent $48 million to buy 20% of National's stock, probably will not be sore losers. At the $41 price that Pan Am is offering for National stock, Texas International's investments will be worth $70 million...
...White House has never seen any thing to beat it. Where the powerful and the privileged usually dine, a buffet is laid on for members of the National Association for Stock Car Auto Racing. Where Casals once played, the entertain ment is a sort of tribal rite in which the guests whoop it up to a Texas honky-tonk beat. The placid evening air is pierced by a singer's plangent...
...Jimmy Carter's kind of evening. The stock-car crowd is there because Ole Country Boy Carter is devoted to racing tracks the way his predecessors were to putting greens or yachting water. And the singer? Another Carter favorite: high-riding, low-living Willie Nelson, 45, country music's reigning "redneck rocker...