Word: taxing
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Dates: during 1960-1969
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...Federal Government curtail marijuana use by requiring those who deal in the drug to register and pay a tax? Since possession of pot is illegal in every state-even when the tax is paid-and since the name of anyone buying a tax stamp is made public, U.S. District Court Judge Frank Theis ruled last month in Wichita, Kans., that practically speaking the law cannot be enforced constitutionally. Following the reasoning of the U.S. Supreme Court, which found similar defects in tax laws dealing with guns and gamblers, Theis held that enforcement of the marijuana tax violated the constitutional guarantee...
Pity the British executive. He has had to keep his upper lip stiff against the problems of the pound, a prohibitive investment income tax, Common Market blackballs and Prime Minister Harold Wilson's accusation of "sheer damn laziness." Now comes a study showing that for all his pains, the British executive is paid at a level that is far and away the lowest in Europe...
...spring, the new administration pulled an act which reminded many observers of President Johnson's 1964 budget--the one which miraculously stayed beneath $100 billion, despite weeks of White House leaks warning of a higher figure. Dunphy presented the council with a budget which would have raised the tax rate by six or eight dollars, but when the hearings on the budget were over, the rate remained at the same level as last year. Dunphy and the councillors transferred money from capital to current accounts, and trimmed $300,000 from the School Department budget without much difficulty...
...They were dancing in the streets when we brought this tax rate in," Vellucci says. He and other members of the council majority have made sure that the voters will not forget it. During a hearing on a routine renewal of the Cambridge Economic Opportunity Committee, Crane sharply questioned the group's director about the costs of its work, and noded approvingly when he was assured that overhead was kept below ten per cent of project costs. At another hearing--this one with Justin M. Gray, the city manager's assistant for Community Development Crane wanted to know when...
...like his investments. It so happens that none of Harvard's past three treasurers have been real-estate minded; the University's total real-estate investments, loans, and mortgages amount to $16.5 million, or 1.6 per cent of its total endowment investments. And these holdings, according to University tax manager Henry H. Cutler, are scattered around the country and based on Government credit or Federal guarantees rather than on mortgage benefits...