Word: taxing
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Dates: during 1960-1969
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...that is getting done on Capitol Hill, the rest of Congress might as well do the same. When the Congress did act, all too often it was only to wield an indiscriminate axe. To win approval of his anti-inflationary 10% income tax surcharge, the President last spring agreed to a $180 billion budget ceiling. Last week the Senate refused to exempt Medicaid benefits for the poor from that ceiling, then went one step further and sliced $500 million from the $2.3 billion originally allocated to Medicaid...
...argue that income tax evasion-or winking at gambling, prostitution or even pot-is comparable to major, violent crime. Yet such common transgressions symbolize an important fact: some laws are simply petty, unrealistic, unenforceable or unjust. The discrepancies affect the most trivial as well as the most important matters. If no one had had the courage to challenge state and local segregation
Harvard officials, representatives of the Kennedy Library, the City government, and various planning agencies have all agreed that the site, now owned by the Baird Atomic Co., should be developed for commercial use to add to Cambridge's tax base. But some observers, particularly Kennedy Library Architect I. M. Pei, understandably want to assure that buildings bordering on the Library are aesthetically appropriate as well as a boon to City taxpayers...
Confounding the Forecasters. The economy's summer performance has indeed surprised almost everybody. "The consumer has confounded the forecasters by spending as much money after the tax increase as before," says Leif Olsen, senior vice president and economist of Manhattan's First National City Bank. That buying spree has been especially notable in autos, appliances and clothing. Retail sales not only jumped 3% in July to a record $29 billion, but climbed a bit more during August. Early figures for September indicated that shoppers were spending 9% more in the stores than they were a year earlier...
Perhaps it is churlish to make fun of Miss Alexandria. Certainly the author would never do so. He observes that the virtues of such women, products of pre-tax wealth and protracted social training, are unlikely to survive the times. Fondly, he seeks to preserve their manners and their memory. If Miss Alexandria seems not entirely real except to his eye, what matter? Affection, especially in much of modern literature, is a rare commodity. Like the loyalty of a husband to an unattractive wife, Richter's affection for this Main Street Auntie Mame ends up being somewhat touching...