Word: taxingly
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Dates: during 1970-1979
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...President faces a Congress eager to take some kind of action on energy, but sadly confused as to what to do, and a bewildered and increasingly frightened public. Carter will surely make another strong pitch for a standby gasoline-rationing program and his windfall-profits tax on oil companies, to accompany the decontrol of domestic oil prices that he hopes will arrest the decline in U.S. oil output. That scarcely adds up to a sweeping program. Unhappily, the only group that seems to have a clear idea of how it wants to manage the energy crisis is OPEC...
...grim tattoo of statistics will give new force to calls for an emergency tax cut. The nation's bill for oil imports will grow from $42 billion in 1978 to some $65 billion in 1979-in effect, a direct levy of fully $747 per year on every American taxpayer. To keep consumer spending from going into a freefall, the Government may be forced to chop its own receipts instead. But doing so would widen the federal deficit and pump yet more inflation into the economy even as output is declining. Quite a bit of U.S. economic policy is being...
...largest savings will have to come from a combination of more tax incentives for buying home insulation, wood-burning furnaces and other oil-conserving devices, and much stiffer mandatory conservation rules. A number of innovative companies, including Du Pont, A T & T and General Motors, have reduced their energy use relative to their output by 17% to 30% since the Arab oil embargo of 1973; yet many more firms have gone on giddily wasting energy. Consider the beneficial effects of a 20% surtax on the commercial use of electricity: skyscrapers that are lit up all night long and advertising signs...
...York Times information bank. Energy-saving suggestions and automotive news, theater directories and wine guides, horoscopes and biorhythms. For the academic, language tutorials and physics lessons. Recipes for the culinary minded, general ledgers and inventories for businessmen, backgammon and Monopoly for children. Not to mention information on income tax deductions and mortgage payments. Indeed one can even order airline tickets through the service...
...picture. In this case the premise involves a successful perfume manufacturer (this ties in with Streisand's famous proboscis-get it?) whose accountant has absconded with all her assets except an inactive prizefighter (Ryan O'Neal). The boxer had been kept on the payroll as a tax loss, which suited him just fine since boxing was the sort of sport at which he imagined he might get hurt...