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...program, with the indigestible title Tax Reform for Fairness, Simplicity and Economic Growth, is gaining adherents, though swarms of lobbyists for just about everything from corporations to charities are still determined to kill or alter it. The special interests love the brier patch of the current tax code, which takes up 33 feet of shelf space and has enough shadowy havens to hide almost anything. "It was easier to get tax legislation than take other action," says Chapoton. Before long, the U.S. tax system was setting industrial policy. "Investments were being based on tax considerations," explains Egger. "Prices in real...

Author: /time Magazine | Title: The Presidency: Looking Out for Uncle Sam | 1/21/1985 | See Source »

...routine continues until he meets Sheila Doyle, a strong-willed woman who has recently changed her life by jettisoning her husband and their four children. She tries to alter Bobby's life as well, when he is assigned a major story and learns that a popular, born-again Christian baseball pitcher, who hopes to parlay his piety into a political career, deliberately drove a rival player to his death...

Author: /time Magazine | Title: Books: Freelance the Cheat | 1/14/1985 | See Source »

...report from the Committee on Housing, Jessica E. Levin '87, described the proposals to alter transfer housing policy. The Committee on Housing, chaired by Dean of the College John B. Fox '59, is responsible for deciding housing policies...

Author: By Margaret C. Ervin, | Title: Council Hears Report on Transfer Housing Policy | 1/11/1985 | See Source »

Mulroney said he also plans to alter the controversial "back-In" provision of the 1980 National Energy Program. The rule stipulates that the Canadian government is entitled to 25% of any successful offshore oil discovery by a foreign firm. The party's position during the campaign last summer was to exact the same share as before, but turn it over to private Canadian companies willing to pay for the share instead of having the government keep it. From the point of view of U.S. firms, that still means an off-putting surrender of a quarter of any new discovery...

Author: /time Magazine | Title: Canada: Hanging Out the Welcome Sign | 12/24/1984 | See Source »

...suing two of the United States' biggest news organizations for libel. Westmoreland, former commander of the American forces in Vietnam, is suing CBS for $120 million ever a documentary it broadcast in 1982 charging that Westmoreland had taken part in a "conspiracy" during the war "to suppress and alter critical intelligence on the enemy." Sharon, mastermind of Israel's invasion of Lebanon, is suing Time magazine for $50 million for a report on his role in the Shabra and Shatila massacres...

Author: NO WRITER ATTRIBUTED | Title: The First Amendment Under Fire | 12/17/1984 | See Source »

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