Word: true
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Dates: during 1980-1989
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...students frequently get involved, but it's not as popular as it was 10 or 15 years ago," says Deutch, who graduated from Harvard Law School in 1974. "When we graduated, we were very interested in pro bono work. But that seems to be less true now, because there's been a societal change. Then, the Vietnam was was closer at hand. Now, more people are satisfied with their economic condition...
...True? The answer to that is another question: Do you believe in free-market capitalism? Do you think the best recipe for prosperity is minimum Government interference in the economy? Devotees of the capital-gains break usually claim to be enthusiastic free-marketeers. Let us take them at their word. Does the capital-gains break make sense from a free-market point of view...
...system discriminates against capital gains in one way: it ignores inflation. If a stock has doubled during a time when the general price level has also doubled, the real profit is zero, but you'll pay a capital- gains tax anyway when you sell. Of course, the same is true of interest -- an 8% return on a money-market fund at a time of 5% inflation is really only 3% -- but no one is proposing to do anything about that. Furthermore, no one is proposing to limit the deduction for interest paid. In a world with no taxes, it would...
...what's true in general for alumni is doublytrue for the younger classes, fundraisers...
...true motivation behind this policy is to create a "Justice Department According to Richard Thornburgh...