Word: wipes
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...crackdown on black marketeers, are down. Moreover, the government announced last week that the emergency had produced one windfall: voluntary disclosures of "black money" (undeclared and untaxed income) have so far amounted to $1.7 billion. Of that, the government will reap $350 million in taxes-which will just about wipe out the current budget deficit...
...probably came about because this year there were 23 shopping days between Thanksgiving and Christmas, or one day more than last year. During early December the weather was unseasonably mild in many parts of the country; that encouraged shopping expeditions, and even snows just before Christmas did not wipe out the benefit. Sales were also boosted by Sunday store openings in various cities-some of them, as in Warwick, R.I., amounting to mass disobedience of local "blue laws...
Other states should have the Kansas problem: What to do with so much money? Even as New York's Governor Hugh Carey was trying to wring $1 billion in revenue measures out of his legislature to help wipe out a huge deficit, frugal Kansas was sitting on a budget surplus of $179 million. Now the state government is being badgered by all sorts of groups that want cuts from the pie. City governments are clamoring for some form of revenue sharing. Educators want more for schools. There are pleas that state taxes be lowered, even though they have...
Died. Hugh Auchincloss Brown, 96, engineer who believed that vast polar icecaps would wipe out civilization in this century; in New York City. Brown, author of Cataclysms of the Earth (1967), predicted that the accumulation of ice at the Antarctic would upset the planet's equilibrium and cause it to flip, reversing the North and South Poles. If the catastrophe comes to pass, New York, according to Brown, will be buried under 13 miles of water...
Riccardo's ultimatum has now presented Wilson with what one government official calls "an agonizing dilemma." A Chrysler pullout would wipe out not only 25,000 jobs in the company's own plants but perhaps 60,000 more in related industries. Workers are threatening to take over the plants if Chrysler goes home. A shutdown of the 7,000-worker factory in Lin wood, Scotland, might fan the flames of Scottish nationalism. And the Shah of Iran has ordered 126,000 Hunters in kit form; Wilson is not eager to anger one of Britain's principal suppliers...