Word: businessmen
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Dates: during 1970-1979
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...approve of his informal style and think that he can be trusted (see following story). Carter's own pollster, Patrick Caddell, finds that the President is making "major inroads" among groups of voters who gave him lukewarm support during the election, including Jews, blue-collar ethnics and small businessmen. Carter could pick up still more support after NBC broadcasts on April 14 a tape of one of his days in the White House...
...detailed some of the sizable gambling debts he had run up at casinos. The case against Rosenzweig was considerably more serious. "He had nurtured prostitution and gambling in Phoenix for years," declared the report. Rosenzweig once owned apartments that were rented out to prostitutes whom he supplied to visiting businessmen. References to him as the "Diamond Man" were found in prostitutes' "trick books." Last year, said the report, he guaranteed a $25,000 loan to an associate of mobsters to start a private club in Phoenix. Rosenzweig does not plan to respond to the charges until the articles...
...renewed this week as Fukuda arrives in Washington. The timing of the talks-which are expected to be low-keyed and general-could hardly be more appropriate. The Administration is mildly worried about its accumulated trade deficit with Japan ($5.4 billion last year) and shares the concern of U.S. businessmen who feel they are unfairly frozen out of Japanese markets. Washington would like Fukuda's government to encourage "voluntary" reductions of exports to the U.S.-and to act on complaints about the dumping of underpriced goods in the U.S., notably autos, color televisions and other electronic products...
INVESTMENT CREDIT. The committee voted overwhelmingly to give businessmen at least a chance to take a tax credit of 12% on purchases of new plant and equipment, v. 10% now. The increase is badly needed: sluggish business investment is probably the biggest drag on the economy, and while the rise in the credit would be small, it has become a symbolic issue in the eyes of many executives. But the House, in a misguided effort to spur employment, turned it down in favor of a "jobs tax credit": 40% of a newly hired worker's wages...
...tariffs on color TVs from 5% now to 25% for the next two years, then drop them back to 20% for an additional two years. The commission further would cut the quota on sugar, now 7 million tons, to a maximum of 4.4 million tons a year. Labor leaders, businessmen and politicians from regions hurt by imports -the Northeast in the case of shoes, the South for sugar, the East and West Coast for TV sets-have formed an alliance to press for these ideas. Last week the shoe industry sent Carter a petition signed by 29 Governors supporting...