"live within our means" and stop the calls and spins for household to spend more to give even more tax-free profits to multi-millionaires.

"The giant sucking sound we'd hear would be American jobs and investment rushing out of the country in search of tax-free profits."

In 1999 alone Alfa earned $45 million in tax-free profits while collecting $301,870 in premiums, down sharply from the millions in premiums collected in earlier years.

That way, the couple could take the maximum tax-free profits from both sales.

But since the amendment caps the amount of tax-free profit, any gain over the applicable cap is subject to federal and state capital gains levies.

He said it would give the apartment dwellers proper title to their units and the landowners tax-free profits because they would be forced to sell under the threat of condemnation.

The school's recently launched mail-order book company also brings in nearly tax-free profits.

An important issue from our point of view relates to a common system for dealing with our present ridiculous system of travel allowances, which allows Members to make a large tax-free profit on travel.

Capital-intensive, highly mechanized petrochemical and pharmaceutical industries provide few jobs, pollute the atmosphere and insure tax-free profits under Internal Revenue Code section 936 to United States corporations.

Last year, Anthony Panariello, 49, sold his home on Long Island for $510,000, making a hefty tax-free profit.