Word: exempts
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...exploit the big new markets of the Southeast and Southwest). And worst evil of all, in Kennedy's book, "one of the most obviously unfair inducements offered to those [industries], considering migration, is the tax-free plant built by a southern community with the proceeds of federally-tax-exempt municipal bonds...
Undergraduates who can annually obtain a mark of 70 on the Selective Service exam are still exempt throughout that college years. Seniors who wish to be deferred during their first year of graduate work need a grade of 75 on this exam...
Although parents currently spend approximately $2000 a year on any son or daughter they send to college, they receive an exemption of only $600 on their income tax. The Multer bill would exempt them from the total amount they spend. If the student were self supporting, he would have the exemption on his own income...
...board manufacturers or retail sales tax, at least not under that politically dangerous name. Instead, the Administration is likely to ask Congress to rejigger existing federal excise taxes, perhaps lower them on items such as movie admissions, luggage and jewelry, and apply them to items such as clothing, now exempt. The tax program may be sugar-coated with increased income-tax exemptions for working mothers...
...protected by their parents' health insurance plans. Nor are we sure how married undergraduates, whose number may not be legion but whose lot in college life is often enough forgotten, how these undergraduates with dependents are taking the rule that no kind of family health and hospital insurance will exempt the husband and/or father from buying additional service and insurance from Harvard...