Word: deductionism
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The Internal Revenue Service agreed, and last week issued a new regulation imposing taxes on the advertising income of the nonprofit journals. The tax will be calculated at the normal rate of 22% of the first $25,000 of taxable ad income, 48% on taxable revenues over $25,000. The...
There was more in almost every contract category. Holidays were increased from nine to eleven, pensions were raised. The 20,000 skilled workers, who have long beefed about having to accept the same increases as the unskilled men, got an extra 30? an hour on top of the general first...
The second half of Medicare, or Part B, is the voluntary insurance system whereby over-65 subscribers pay a flat $3 a month, and the Federal Government matches this with another $3, to reimburse the patient for 80% of his doctors' bills in any given year (after a $50...
Churches could not exist in America today if they relied solely on their members. Only one out of every five persons attends church even irregularly. If church donators were not given deduction benefits on their income tax, if church property were not subsidized by a free tax ride that punishes...
For married couples whose religious beliefs interpose no moral problem, the pill is indeed a boon. Biologists have computed that under a dictum of St. Augustine, permitting "only those sexual relations which are necessary to procreation," a man could not expect to have intercourse more than 55 times in his...