Word: collections
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...withholding tax on interest and dividends. "It is intolerable for some to evade prompt payment of taxes," he said. That move alone would increase revenues by $3 billion in fiscal 1981, but much of the increase would not really be new money, merely cash that the Government would collect more speedily than now planned. Far more important, the President will slap a $4.62 per bbl. fee on imported oil, a move that he can take without any new legislative authority. Motorists will pay an extra 100 per gal. for gasoline at the pump, probably beginning in May. The President presented...
...wounded. Last week leaders of five rebel groups met in the Pakistani border city of Peshawar to form yet another loosely structured "united front." Their aim: to seek financial support for more arms. One group sent representatives to mosques throughout Pakistan's North-West Frontier Province, hoping to collect $20,000 for local gunsmiths to build portable armor-piercing guns; the rebels do not have conventional antitank weapons. With only homemade weaponry and local generosity to rely upon, it was uncertain how long the insurgency could hold out against Moscow's 80,000 well-armed troops...
...Vietnamese distribute the aid in front of the personnel of the international organizatons and then later they come back and collect all the aid and give it to their own troops...
...University of Maryland capped record setting victories in the high jump and pentathlon with points in almost every event to collect 68 points and its second Eastern title. The Crimson tied for seventh in a field of 65 schools with 22 points, easily beating out Ivy rivals Brown in 16th and Princeton in 20th...
...budget-swelling 5.4% rise, above and beyond inflation, in defense spending for the fiscal year beginning in October. Largely because investors expect more inflation, Wall Street's trillion-dollar corporate a nd Government bond market last week took its biggest pummeling in years. Investors buy bonds to collect interest, but when the inflation rate is higher than the interest rate, the resale value of the bonds goes down. During the week, bond prices plunged through the floor, and interest rates rose to an unprecedented level of nearly 12% for U.S. Treasury bonds and more than 13% for Triple...