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...number of interested organizations are fighting to see how a tax cut can be apportioned. The U.S. Chamber of Commerce, which praised Reagan's proposal, has already appealed for a $27 billion reduction, including faster depreciation and a two-point drop in corporate taxes. Such measures, said the chamber's chief economist, Richard Rahn, "should greatly increase the supply of savings, and that is a very positive program." By contrast, Robert McIntyre of Ralph Nader's Tax Reform Research Group is wary of faster depreciation and wants payroll taxes cut. Says he: "We think it would...

Author: /time Magazine | Title: Nation: Opening the Tax Battle | 7/7/1980 | See Source »

...Alaska Republican Ted Stevens read monotonously from a lengthy Senate committee report. At 4 a.m. Connecticut Republican Lowell Weicker worked himself into a spirited and largely irrelevant plea for the U.S. to become independent of foreign oil. But each Senator spoke only to a nearly empty chamber. Their colleagues dozed on cots in darkened conference rooms or in their otherwise vacant offices. This was the Senate's first all-night filibuster since 1978, an effort to prevent the registration of some 4 million 19-and 20-year-old youths for possible future drafting...

Author: /time Magazine | Title: Nation: Male Call at the Post Office | 6/23/1980 | See Source »

...laments, is "decaying all over the world and has been neglected by many Jews in this country." A graduate of three famed institutes-the Bolshoi Ballet School, the Moscow Conservatory Musical School and the Moscow School of Theatrical Arts-Sherling is director-founder of the two-year-old Jewish Chamber Musical Theater. He has written the music, choreographed the dancing and starred in two hits with his company of 25. One show was an olio of jazzed-up Jewish folk songs and dances. The other, a folk-rock musical called A Black Bridle for a White Mare, got its title...

Author: /time Magazine | Title: People, Jun. 23, 1980 | 6/23/1980 | See Source »

Sounds rather like a Soviet football team: the Moscow Virtuosos. But what an all-star lineup. These Virtuozy Moskvy are 25 top musicians, organized into a chamber orchestra 18 months ago by Violinist Vladimir Spivakov, 35. World-renowned virtuoso himself, Spivakov alternates between bow and baton to direct his skillful charges with intensity and impishness: "Let's not be bulldozers," he will grin as the tempo speeds up during rehearsal of a Vivaldi passage. The virtuozy were the hit of Moscow's Russian Winter Festival and will play for Olympic audiences this summer. Spivakov would like to bring...

Author: /time Magazine | Title: People, Jun. 23, 1980 | 6/23/1980 | See Source »

...archrivals of the Islamic regime -President Abolhassan Banisadr and Ayatullah Seyyed Mohammed Beheshti, leading member of the Revolutionary Council-were assigned adjacent seats in the front of the ornate red-and-gold chamber, the size of a movie theater. They scarcely looked at each other during the ceremony, which began with recitations from the Koran and a boys' choir chanting revolutionary songs. The ailing Ayatullah Ruhollah Khomeini, 80, spiritual leader of Iran's revolution, did not attend; he dispatched his son, Seyyed Ahmed, to deliver his inaugural message, warning against "plotters" from either the U.S. or the Soviet...

Author: /time Magazine | Title: IRAN: Pistol-Packin' Parliament | 6/9/1980 | See Source »

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