Word: write-offs
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In another sense, Polyester is like all independent films. Whether the director has reformist ideals or dreams of big bucks, whether his mogul is an arts council functionary or a local businessman looking for a tax write-off, the game of scrounging and scrambling must be played. Dawn of the...
With inflation and recession come managerial convulsions. Five of the seven major studios have suffered abrupt changes of management in the past two years. The rash of new production outfits, born in the flush of Star Wars and Grease profits a few years ago, either have folded or are struggling...
Operating out of a small, unpretentious office in Newton, Mass., during the early '70s, Osserman and Garfinkle became titans in the tax-shelter business. Osserman, described by associates as the "brains" of the operation, was known to promise new clients that they would never have to pay another dime...
Under the pressure of the campaign, Carter, with some reluctance, has also proposed a tax cut for next year. It would provide $27.6 billion in relief to taxpayers and a faster write-off for business depreciation. Surprisingly, for a Democratic plan, a larger share of the savings would go to...
There is certainly much that Washington can and should do for the auto industry, as well as for U.S. industry in general. Tax laws need to be changed to make it easier to raise capital to replace obsolete factories and to speed the write-off of new investment. Regulations should...