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Word: write-off (lookup in dictionary) (lookup stats)
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...have at least one fake," says Joseph Chapman, former FBI agent on art frauds. The problem in routing out the fakers is that the gulled buyer will rarely swear out a complaint, often chooses to auction off his mistakes or donate them to charitable organizations as a tax write-off. Says one Los Angeles investigator: "How many con games are there that have the power to convert the victims into accomplices after they have found out that they have been...

Author: /time Magazine | Title: Painting: Meadows' Luck | 5/19/1967 | See Source »

...alive," Hosking said later. "But then I saw an arm move." Securely strapped into his fleece-lined welded-steel cockpit, which escaped serious damage (although the canopy was ripped off), Arfons was not only alive-except for some cuts and bruises, he was absolutely unhurt. Monster was a total write-off. Arfons was ready to try again. "I've got another engine at home," he said...

Author: /time Magazine | Title: Auto Racing: Nightmare on the Flats | 11/25/1966 | See Source »

...contrast between the shortage of skilled labor and the continuing unemployment of the unskilled is winning support in Congress for a bill that would help right the inequity. It would allow businessmen a 7% income tax write-off on the cost of employee training, a move intended to spur the upgrading of such underemployed groups as high school dropouts, teen-agers and Negroes...

Author: /time Magazine | Title: Labor: Shortage of Skills | 12/17/1965 | See Source »

...White's exhaustive treatment of civil rights in 1964. He brushes off the Freedom Democratic Party's stubbornness in Atlantic City as of no consequence, as a repudiation of "the triumph that morality had wrong for them out of the laws of the Convention. "This seems a hasty write-off for what may go down as the first effort to take Negroes out of the major parties in the South, to make them a political force independent of Republican or Democratic organizations...

Author: By Donald E.graham, | Title: The Not-So-Dull Campaign | 7/8/1965 | See Source »

...with the purchase of 17 of the 30 Super VC-10s; the Royal Air Force will take three, and production of the remaining ten will be suspended. To meet the payments of $9,000,000 per VC-10, BOAC now needs a larger handout, or perhaps even a write-off of part or all of its accumulated $224 million deficit. Said Sir Giles: "The government will ensure that financially we will be in no worse a position as a result of taking on these aircraft." That was rather negative assurance. Hard-pressed BOAC announced stiff reductions in operating expenses, including...

Author: /time Magazine | Title: Britain: Flying Under Pressure | 7/31/1964 | See Source »

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