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Support from Treasury. The crazy-quilt tax blanket that stifles the U.S. economy has been patched up but not basically changed since the 1930s, when only one in 33 Americans paid income taxes. With one in four now on income tax rolls, the law needs a thorough overhaul. For example, were all deductions done away with, the Government could raise just as much revenue as it does now simply by taxing personal incomes by 10% and corporate earnings by an estimated 44% (instead of 52%). While nobody is seriously talking about abolishing all exemptions-least of all those for children...

Author: /time Magazine | Title: National Affairs: Toward Tax Reform | 2/24/1961 | See Source »

...some 30 in all from beginning to end, and never more than a dozen at any one time. The rewards were low-about $5 to $25 per sketch for piecework-and the risks were high. One chill night, Harper's Artist Theodore R. Davis, sharing his threadbare blanket with a Union soldier, waked at dawn to find his bedfellow dead beside him. "It was plain.'' wrote Davis afterward, ''that but for the intervention of his head the bullet would have gone through my own." To oblige Major General George G. Meade, Harper's Special...

Author: /time Magazine | Title: The Press: Artist-Journalists of THE CIVIL WAR | 2/17/1961 | See Source »

Both Henry A. Kissinger '50, associate professor of Government, and Thomas C. Schelling, professor of Economics, denied that disarmament eliminates the risk of war. Although Kissinger claimed that there is no real distinction between disarmament and arms control, he criticized any blanket commitment to disarmament. He said such a commitment would be similar to the "vague, abstract" promises of the United States early in the Congo crisis...

Author: NO WRITER ATTRIBUTED | Title: Panelists Debate Merits Of Disarmament Policy | 2/16/1961 | See Source »

...blanket caught in an electric socket started the fire, according to Michael Slote '61, whose entire room was gutted...

Author: NO WRITER ATTRIBUTED | Title: Fire Guts Room In Adams House | 2/10/1961 | See Source »

Under a policy approved by the Administrative Board in March, 1958, any freshman who worked more than nine hours per week was automatically eligible for twelve extra PT outs during the year. The plan was attacked by Nathaniel A. Parker, Director of Physical Training, who opposed a blanket regulation because it provided as easy excuse for "kids who just don't like to exercise" to skip...

Author: NO WRITER ATTRIBUTED | Title: Alteration in PT Program May Aid Working Students | 2/9/1961 | See Source »

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