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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 14, 1981
Page
11
A puzzle prompt from 1981 United Feature Syndicate asks players to rearrange each row of letters into 2 to 7 letter words and score per row with given rules. Bonuses apply for 7 letter solutions and blanks carry no points.
The piece explains a 1981 tax law allowing firms with profits to buy losses from others to avoid taxes. It notes growing market for corporate losses, calling them a valuable commodity. The quoted exchange shows Hal Lemster stating a company lost 750 million this year.
In a Winnetka style exchange, Hal and John discuss buying tax losses to offset profits. Offers range from 100 to 175 million in cash, with equipment leases, speeded depreciation, and multi year taxavoidance plans. They reference other firms like Montezuma Automobile and Politically charged context about Reagan's plan.
A debate on informing paternal grandparents of an illegitimate child reveals two sides. A reader argues for notifying paternal relatives, while a grandfather resists. Abby defends reader tips and offers her Popularity book for $1.
Fireman's Fund Insurance in San Francisco issued a creepers and crawlers policy to Paramount Pictures covering about 2,000 snakes 150 tarantulas and 36 beetles used as props in Raiders of the Lost Ark. The policy also insured against delays due to illness or injury to key cast and crew. no delays occurred.
In a Mayfair Club rubber match in New York Oswald Jacoby and Alan Sontag discuss a six notrump heart layout. South must manage the heart suit while guarding against West holding four hearts. the correct line still yields six heart tricks with careful play.
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