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...deal?" Supporters of the change say lower rates would encourage more investment and spur greater turnover of holdings, thus leading to increased tax revenues. "More people would sell assets, and the U.S. Treasury would collect more taxes," says Stephen Moore, director of fiscal-policy studies at the conservative Cato Institute and author of a new study on the subject. "Every time the rate has been cut, payments by the wealthy have risen substantially...

Author: /time Magazine | Title: TAX CUTS: WHO WILL GET THE BREAKS? | 1/8/1996 | See Source »

...Secretary Robert Reich: "Income inequality and the decline in median wages will be major campaign themes" for the President. But conservatives think that the budget-balancing plan will boost the economy and that they'll get the credit. Said Stephen Moore, director of fiscal-policy studies for the conservative CATO Institute: "If Democrats talk about redistributing income and Republicans talk about economic growth, the Republicans will...

Author: /time Magazine | Title: A TILT TOWARD THE RICH? | 10/30/1995 | See Source »

...also added a U.S. Senator (Pete Domenici), one of Clinton's top economic advisers (Laura D'Andrea Tyson), a Cabinet member (Labor Secretary Robert Reich), a specialist on minority economics (Margaret Simms of the Joint Center for Political and Economic Studies), a conservative economist (Stephen Moore from the Cato Institute) and a New Democrat (Rob Shapiro of the Progressive Policy Institute...

Author: /time Magazine | Title: To Our Readers, Oct. 30, 1995 | 10/30/1995 | See Source »

...lawsuit in the first place. The message carried by Carver embodies a warning that every presidential hopeful would do well to heed. Something has come unfastened in the West, and everybody has guns. "By circling the wagons, they see it's just them against the world," says the Cato Institute's Hess. He fears, he says, that the owner of some marginal ranch pushed to the brink by changing rules may turn desperate. "Someone's going to carry a gun, someone's going to shoot, someone's going to bomb a Forest Service office," he says. "And God knows what...

Author: /time Magazine | Title: UNREST IN THE WEST: NEVADA'S NYE COUNTY | 10/23/1995 | See Source »

...proposal to launch a new political party. Nye's particular brand of rebellion is driven too by an intense feeling that the combined forces of federal law, environmental activism and urban growth may have doomed a mythic frontier life-style. Says Karl Hess Jr., a senior fellow of the Cato Institute, a conservative think tank: "What they really want is to build walls against the future...

Author: /time Magazine | Title: UNREST IN THE WEST: NEVADA'S NYE COUNTY | 10/23/1995 | See Source »

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