Word: reforming
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Dates: during 1960-1969
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Diminished Symbol. The Senate did make a modest start on tax reform, and further amendments were held over for voting this week. The 27½% oil depletion allowance, which has stood as a symbol of tax privilege since the Administration of Calvin Coolidge, was reduced to 23% in the Senate, a kinder cut than the House version, which put the allowance at 20%. The difference -which amounts to about $100 million in tax revenues for each percentage point-will be resolved in conference. But neither the House nor the Senate ventured to restrict the oilmen's privilege to deduct...
...sounding that clarion for the immediate future, the conference went on to insist that "the overriding remedy for hunger and malnutrition is a minimum guaranteed adequate cash income with a floor of $5,500 annually (for a family of four).1' The delegates also called for expansion and reform of existing food programs; the creation of a plan to provide all schoolchildren with a free, nutritious breakfast and lunch; and the transfer of existing food programs from the Agriculture Department to Health, Education and Welfare-and local administration of all these operations by the poor...
...Communists' victory over Chiang Kai-shek's armies in the civil war was due to the superiority of the Marxist digestive system: "Synthesis in the long run amounts to swallowing the enemy completely. How did we synthesize the Kuomintang? Didn't we take enemy personnel and reform them? Some of them we released, but the majority we took into our forces. Eating is also synthesis. When you're eating crab, for instance, you eat only the meat and not the shell. The stomach absorbs nourishment and expels waste. You gentlemen are all Western philosophers, while...
...specific terms. A professor at Kyoto University recalled last week that when he invited individual students to challenge his statements or actions in the classroom, they would stand in tense and painful silence. When the students came to him in a group to scream their demands for reform, however, they were magically transformed. "Then," says the professor, "they would make no bones about calling me an idiot...
...advocated a major reform of taxes which would double the minimum allowance and eliminate all exemptions and exclusions on personal income taxes...