Word: taxed
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Dates: during 1980-1989
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Mobil's decision was prompted by a change in U.S. tax law that was intended to drive American companies out of South Africa. Since last year U.S. companies can no longer deduct from their American tax bills the taxes they pay to the South African government. That change, which cost Mobil millions in 1988, finally broke its stubborn resolve to stay. Said Mobil Chairman Allen Murray: "This was a difficult decision because we continue to believe that our presence and our actions have contributed greatly to economic and social progress for nonwhites in South Africa...
Marianne Gingrich, whose husband Newt is the House Minority Whip who initiated the Wright inquiry, is herself being scrutinized for her role in promoting Gingrich's book Window of Opportunity. Part book (co-authored by a science fiction writer), part polemic, part tax shelter, Window lost money for its investors, but earned the Gingriches $12,018 in royalties and Mrs. Gingrich $11,500 in salary. When asked about this at a press conference last week, Marianne stomped out in tears...
Some couples reduce potential conflicts by both working for the government, an arrangement the checks and balances of the Constitution did not contemplate. When Elizabeth Dole was Transportation Secretary, the couple made intragovernmental history when she testified before husband Robert Dole, then Senate finance chairman, on "Alternatives to Tax on Use of Heavy Trucks." The subject matter renders plausible his protestations that there was no after-hours collusion between the executive and legislative branches of the marriage. "When you get home at 8:30, the last thing you want to do is get into business." It is equally unlikely that...
...eventually shocked a nation that had come to think of itself as a modern, democratic superpower. "The L.D.P. must change," said Hiroko Yoshida, 27, a * department-store clerk. "It can no longer stay as it is after this scandal." Takeshita, who was also in trouble for imposing a consumption tax, was blamed for exposing the dirty side of the nation's politics, then failing to correct...
Leib served on the school committee from 1984-86 and chaired the Coalition for Cambridge, which campaigned to override the Proposition 2-1/2 tax cap. She said she is active on the Tax Equity Alliance of Massachussettes (TEAM), which supports fairer taxes...