Word: taxes
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Dates: during 1960-1969
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...went there this summer to try to help Indonesia make foreign investments an asset instead of a liability. We found that Indonesia had been underestimating its capacity for investments. We recommended first a primer on how to judge strength for investments, and second, that they be less forthcoming with tax-exemptions to foreign investors. We find, however, that it is not a zero-sum game, if Ican use the jargon of the trade...
...Cambridge legend has it that the last time the Harvard faculty officially passed a collective political judgment was in 1773, when they agreed to stop drinking tea in protest against George Ill's tax. While no one at last week's faculty meeting spoke in favor of the war, record numbers of faculty turned out to debate the propriety of taking a formal stand against it. The vote to condemn the war was affirmative, 255 to 81, with 150 abstentions. *Only three days before, a bomb shattered windows and dislodged masonry in New York City's major armed-forces induction...
Having said that, Nixon catalogued 18 important programs that he has put to Capitol Hill, including reform of the welfare system, sharing of federal revenue with the states and cities, overhaul of the draft and the Post Office, and tax revision. Congress, to be sure, has been slow to act on Nixon's recommendations-or to do anything else for that matter. But the Administration has been late in developing its program and rarely energetic in promoting it. What Nixon wanted on the record were his large and good intentions: "We intend to begin a decade of government reform...
Turner admitted failing to pay income tax on the $6,800 profit from the gun sales, claiming that he had not known that "hobby" income was taxable. He also explained that he had lost his account ledger but filed amended tax returns this month to reflect the sales. Said Senator Charles Percy in disbelief: "It seems to me that not showing this profit in your tax returns has nothing to do with seeking a loophole. This is evasion. You are either incredibly naive or you have evaded payment of income taxes...
After Massachusetts, Connecticut has had the best experience with conservation commissions. Working with schools, the commissions have helped to create educational parks. Building public support, they have pressed laws through the state legislature giving tax breaks to farmers and other landowners who want to keep their lands open. Says Gay Ewing, president of the Connecticut Association of Conservation Commissions: "Faced with an environment that's going downhill, people get discouraged about their power to change things. But with a commission on the scene, people begin to feel that they can start to do something...