Word: taxed
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Dates: during 1950-1959
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...voice had hardly died out in the night when the nation rushed to do his bidding. From the Cabinet came a flurry of decrees setting up the military courts, suspending habeas corpus, ending the right of prisoners to appeal on grounds of unconstitutionality. The Cabinet slapped a 25% export tax on minerals, living up to Castro's boast at the rally that his mining law would "hurt the vested interests," e.g., Freeport Sulphur's Moa Bay nickel and cobalt mines. Mining companies, still studying the law, said that it was "pretty rough" and might wipe out profits completely...
Proving that old teamsters never die, fading ex-Teamster Boss Dave Beck, 65, convicted tax dodger out on bail pending his appeals, put on a natty brown suit, shuffled down to his Seattle parking lot, put in a day's work. Huffing and puffing, he explained: "Business was not building up the way it should...
...three years he worked on a key trustee: Ellsworth C. Alvord, a leading Washington tax attorney and the biggest individual stockholder in General Dynamics Corp. By the time Turbeville got through with Alvord, the lawyer was a convert. By the time Alvord got through with Frank Pace Jr., chairman of General Dynamics, Pace was a dedicated Northland trustee. By this year, tiny Northland has a solid gold board that many a university might envy. Among its members : Presidential Friend George E. Allen, Publisher Gardner Cowles, Industrialist Victor Emanuel, Movie Arbiter Eric Johnston, Financier Floyd B. Odium...
...cover the costs of the put or call, or when it moves the wrong way. Then the buyer loses the amount he paid for the option. While puts and calls are primarily used for speculating, they are also being used more to limit losses, protect paper profits, and for tax advantages. Primarily, they are for the stock market sophisticate who can afford to lose the premiums he must pay to speculate...
Pleased though Harvard is with the scholarly promise and achievements of the expedition, it believes that all Faculty research projects should be financed without the University's direct monetary aid. What Harvard does offer, however, is tax exempt status for those specified funds that are given to Harvard for the special expedition...