Word: write
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...Lolitas, winners all, tuck their teddy bears under their arms and file, a little sadly, into the buses that will take them back to parents and kid sisters and competition for boys and competition with boys and grades that will often be less than Superior. "Many of them write to me years later," says Olmstead, "to say that their days at camp were the best four days of their lives ." --By Pico Iyer
Probably the most popular of the write-offs are limited partnerships, which have proliferated as tax shelters since the late 1970s and early '80s. An orthodontist investing in a real estate venture, for example, can deduct from his taxable income a share of the venture's losses based on the amount of his investment. Yet his actual liability is limited--hence the name of the arrangement--to the cash value of his initial in vestment. Thus if a partner invests $10,000, or 10% of a partnership's total investment, and the venture loses $700,000, he will be able...
...University of Kentucky 16 years earlier. Says Clance, who was near the top of her class: "I was always afraid that I would blow it with the next exam." At first, Clance thought that she had uncovered a problem peculiar to women. But shortly after she began to write about it in technical journals, she began to hear from successful men burdened with the same misgivings...
...uneasy about Turner's apparent moralistic streak. In 1982, in his only editorial for CNN, he called upon viewers to write to their Congressmen to protest the sex and violence in Hollywood films. Studio executives are now speculating about the entrepreneur's designs on MGM productions. Joked an MGM/UA executive last week: "Does Turner want to make movies? He did his Rhett Butler imitation when he was in here Monday." Turner, whose favorite movie is Gone With the Wind, named his son Rhett, 19, for the Clark Gable character in that film...
...teenagers burned out on sex and drugs. "It can be taken, I guess, as a piece of sociology," he concedes. "A lot of teenagers hunger to be in that kind of group." As for the grownup pressures of his new success, he says straitlacedly, "You just have to keep writing. If you let stuff like that get in your head, you'll never write another word." --By Guy D.Garcia