Word: taxingly
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Dates: during 1970-1979
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Foreign traders acquainted with Japan knew all too well about dumping, kickbacks and the activity of industrial consortiums with tax moratoriums and government subsidies. We need a friendly Japan, to be sure, but devastating American industries one at a time isn't the way to be friendly...
Washington was alive with investigations and promises of investigations to find out what went so terribly wrong at the Metropolitan Edison Co. plant. In his major energy address Thursday night, Jimmy Carter preceded his call for phased decontrol of oil prices and a windfall tax on petroleum companies (see ECONOMY & BUSINESS) with the announcement that he would appoint an independent commission to look into the accident and make recommendations for improving the safety of all nuclear plants. Said the President: "You deserve a full accounting, and you will...
Metropolitan Edison, which operates the Three Mile Island plant, had pressed Unit 2 into regular service last Dec. 30. By meeting the year-end deadline, the utility qualified for $17 million to $28 million in 1978 tax investment credits, plus $20 million in depreciation deductions. It also got approval for a $49 million rate increase. "There was no question that there was strong incentive for the company to get that plant on line fast," contended David Barasch, an attorney for Pennsylvania's state Consumer Advocate office...
Frances P. Holland, chief of the Sales Excise Bureau, said yesterday until an August 1975 ruling by the Revenue Commission that specifically included colleges in the tax, some colleges payed no meal taxes. "We simply didn't always have the staff to collect from them," he said...
...state taxation committee source said yesterday the exemption probably resulted from several colleges' objections to paying the tax...