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...suggested instituting a vaguely defined tax on energy and eliminating the income tax provision that reduces the marginal tax rate for the wealthiest Americans from 33% to 28%. Both ideas are anathema to Republicans, some of whom, like House minority whip Newt Gingrich, are calling for tax cuts to blunt the edge of a recession. G.O.P. leaders responded with a call for a cut in capital gains taxes, which Democrats adamantly oppose, along with higher levies on tobacco and alcoholic beverages and a $10,000 limit on individual deductions for state and local taxes...

Author: /time Magazine | Title: The Gulf: Bush's Other Summit | 9/17/1990 | See Source »

Barron's prognosis for Central Square, should the current climate continue, is nothing if not blunt...

Author: By Julian E. Barnes, | Title: Fighting to Keep A Square Alive | 9/14/1990 | See Source »

...reputation as being pretty blunt. You characterized the Republican report on the Iran-contra affair as "pathetic," for example...

Author: /time Magazine | Title: Warren Rudman: The Iconoclast Of Capitol Hill | 9/3/1990 | See Source »

Last week another U.S. official was even more blunt. Relations between the two countries were "at a turning point," he said to TIME after the meeting. "We told Moi that he has one month to make some changes." After that, he explained to the Kenyans, there would be no chance of deterring a disapproving Congress from cutting...

Author: /time Magazine | Title: Kenya: Diverging Opinions | 8/20/1990 | See Source »

...blunt such objections, Takuma Yamamoto, Fujitsu's chairman, announced that ICL intends to keep its current management. Fujitsu also plans to issue ICL shares on the London Stock Exchange within the next five years. Still, since the mainframe industry has become an increasingly competitive, slow- growing business, Fujitsu probably looks to ICL for something other than its capacity to simply churn out machines. Katsumi Tsuzura, an analyst for Japan's LTCB Research Institute, suggests that ICL's strongest attraction is its "established brand name in Europe...

Author: /time Magazine | Title: A Trojan Horse In Europe? | 8/13/1990 | See Source »

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