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Mirroring the heated debate on terms and deficits in the presidential elections, exchanges between the two Republication candidates for the Massachusetts Senate sent have increasingly centered on whether the government should take a bigger bite out of your income...

Author: By Michael W. Hirschorn, | Title: Rep Candidates Focus on Taxes | 9/10/1984 | See Source »

...fact, acknowledged by Texas officials, that Hughes spent no more than 48 hours in the state after 1926. Disputing Texas' claim was California, where Hughes lived between 1925 and 1966, and where the inheritance-tax rate is 24% compared with Texas' 16%. California coveted a possible tax bite of $180 million...

Author: /time Magazine | Title: Taxation: Valuing a Favorite (Rich) Son | 9/10/1984 | See Source »

...encore by the man who created Amdahl Corp., a successful maker of big mainframe computers. Amdahl audaciously planned to build a new supercomputer based on a revolutionary semiconductor chip that would be far faster than conventional ones. But, concedes Trilogy President Frederick White, "it was just too much to bite off." The company abandoned plans for both its superchip and its supercomputer earlier this year, and it lost $73.7 million in 1984's first half. Trilogy now contents itself with the production of conventional chips...

Author: /time Magazine | Title: Sad Tales off Silicon Valley | 9/3/1984 | See Source »

...issue for them. Among those who did comment was Dole, who was asked how Ferraro can be fairly asked to disclose information not required by law. "It's a tough assignment, but so is dealing with the Soviets," Dole shot back with relish. The crack lost much of its bite when Dole acknowledged that only his own tax return?not that of his wife?was made public when he ran for Vice President...

Author: /time Magazine | Title: Party Time in Dallas | 8/27/1984 | See Source »

...handing down a 6-3 decision which allows prosecutors to use illegally obtained evidence in certain cases, the Court has severely curtailed an individual's protection against unwarranted police intrusions. The exclusionary rule is, in effect, the bite of the Fourth Amendment which grants "the right of the people to be secure in their persons, houses, papers and effects, against unreasonable searches and seizures." A logical extension of that right would be the exclusion of the fruits of such illegaly obtained evidence from courts of law. Hence the application of the exclusionary rule, first introduced...

Author: By Laura E. Gomez, | Title: High Court Takes Low Ground | 7/24/1984 | See Source »

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