Word: auerbach
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Dates: during 1980-1989
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...Jewish Love Affair with Law--Jerold Auerbach; H-R Hillel, 74 Mt. Auburh...
...Auerbach should have to wait this time. It was a brilliant move to draft Ainge, then a probable first round pick nobody thought they could sign because he was committed to baseball, late in the draft. But a contract is a contract, and unless Toronto receives sufficient compensation from the Celtics, Danny Ainge should stay right where he belongs for the next few years--in the Toronto Blue Jays' infield...
...gives a dollar to Harvard--a non-taxable gift--it costs him only 30 cents. With the tax cut, the same person will keep 50 cents for every dollar earned, thus the cost of giving a dollar to Harvard rises from 30 to 50 cents. Alan J. Auerbach, assistant professor of Economics and an expert on tax policy, notes that "charitable givers are very sensitive to the tax price, or cost, of giving, and changes should have fairly important results for universities...
Lawrence B. Lindsey, an associate of Auerbach's at the National Bureau of Economic Research (NBER) and an instructor for the summer version of Economics 10, called the capital gains reductions "particularly dramatic in regard to universities" and estimated that as much as 40 per cent of Harvard's income from private contributions could evaporate...
...offset lactor of people having more money in their packets to give is not a very powerful effect--not even worth mentioning." Auerbach said...