Word: heir
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Things obviously have changed since the two first met, when Kissinger reportedly referred to Chou's heir apparent as "that nasty little man." Ruthless and arrogant, the tiny (4ft. 11-in.) Vice Premier is considerably different in style from his urbane predecessor. He lacks Chou's subtlety and sinuous charm, not to mention his manners. In the middle of a conversation, he will often expectorate noisily into a handy spittoon. "You must forgive me," he may say. "I am just a country...
...finding him tireless and perpetually alert in conversations that lasted until daybreak. His wife Teng Yingchao, a prominent revolutionary in her own right, admitted that she was unable to persuade him to slow his exhausting tempo even after his declining health forced him to delegate some responsibility to his heir apparent, Vice Premier Teng...
...order to pay stiff federal inheritance taxes. Ford's plan, unveiled in a speech to the American Farm Bureau Federation in St. Louis, would apply to estates valued at $300,000 or less that consist of at least a 20% share in a farm or small business. The heir to such an estate would not have to begin paying estate taxes until five years after the owner's death. He would then get 20 years to pay the taxes and would be charged interest of only 4% each year on the unpaid balance, a rate well below expected...
...President's plan thus amounts to a five-year interest-free loan to heirs, followed by a 20-year subsidized loan. Under present law, an heir to an estate of any size over $60,000 must begin paying taxes within nine months of the owner's death, must complete payments in ten years and must pay interest at 9% (the rate will go down...
...wife Alma ventured to the snowy slopes of St. Moritz, where he wanted to rest before finishing his latest film, Family Plot. The movie, he said cryptically, is "sort of a comedy-melodrama about a fake woman medium, an out-of-work actor and a chase after a missing heir who is also a kidnaper." Had he bothered even to sample the Swiss snow? "We spend most of our time sitting comfortably in the Palace Hotel, watching it all from behind the window...