Word: bracketings
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...Princeton Women's Tennis Invitational this weekend, Harvard junior Erika Elmuts couldn't get past her first-round opponent, but managed to recover to advance to the finals of the consolation bracket Sunday...
Apart from the equity of it (the rich have already had their top tax bracket cut from 70% in 1980 to an effective 34% today), you have to wonder whether a broad capital-gains tax cut would really serve to jump-start the economy. Wouldn't it loose an awful lot of pent-up selling pressure on the real estate and stock markets? If the tax were cut, my own first thought wouldn't be "Great! What can I buy?" It would be "Great! What should I sell?" And one thing we don't need right now -- ask any banker...
...doubles bracket, Burroughs and Wallooppillai again qualified in a preliminary tournament, joining Chang and Rueb, and Brown and Ian Williams...
Burroughs and Wallooppillai lost in the second round to third-seeded Greg Hartch and Dave Murphy of Princeton, while Brown and Williams advanced to the semifinals, equalling Harvard's feat in the singles bracket of occupying two out of the final four positions...
Chang redeemed himself in the doubles bracket, though, and Zimmerman slammed Phillips in the semifinals, 6-0, 6-1, settling the account...