Word: tax-exempt
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Under such pressure, state legislatures are becoming somewhat reluctant to enact new tax laws, instead are turning more and mo're to the bond market; states, counties and cities are now raising about $10 billion a year through tax-exempt bonds. With the supply of investable money at an alltime high, the market has no trouble filling this demand among commercial banks and in surance companies. And the nation's voters, however much they dislike debt and taxes, are usually willing to go along with bond issues to get what they want for their communities -expecially since that...
...speeding from court to court, Houston and Marshall won a key desegregation case against the University of Missouri Law School in 1938, and suddenly the N.A.A.C.P. was deluged with a flood of new cases to try. To raise cash, it spun off the legal fund in 1939 as a tax-exempt organization...
...quite sure how much potential revenue is involved. One study shows that church groups own 14% of all taxable property in Pennsylvania, 17% in Maryland, 18% in New Jersey. In other areas, churches own relatively little of total tax-exempt property; in Baltimore, for example, where $528 million worth of property is taxexempt, only $80 million worth is owned by churches (schools and hospitals account for much of the rest). Even so, few dispute the fact that church property is widely undervalued...
...noted that the University usually made payments in lieu of taxes on revenue producing property such as apartment buildings, but that the Constitution was quite specific and emphatic about the land's tax-free status. "It is not simply a regular tax-exempt property," he said...
Title VII--Employment: This Title prohibits discrimination on account of race, religion, or sex by employers or labor unions with over twenty-five employees or members. "Bona fide private clubs" and tax-exempt religious organizations are excluded. The Act also establishes an Equal Employment Opportunities Commission, which would investigate hiring and promotion practices throughout the country, serve as a mediator in informal negotiations between Negro groups and employers, and have the right to file suit against anyone infringing this Title. It would be up to the court to enjoin the employer or union and to decide whether back pay ought...