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...tags," says Jones. "Social Security taxes already are a major cause of small-business bankruptcy." Congressional mail was supportive when the tax debates were about raising the Social Security benefits. Then the people got to the bottom line and discovered who had to pay and how much. The U.S. Chamber of Commerce claims that the anger of businessmen over taxes this autumn is the highest in years. Pollster Louis Harris has placed the national ire at a level he defines as "public outrage." Tax experts believe that there could be a spread of local tax revolts, which temporarily closed schools...

Author: /time Magazine | Title: THE PRESIDENCY by HUGH SIDEY: Rising Rumble over Taxes | 11/28/1977 | See Source »

...congressional Black Caucus and myriad civil rights and women's organizations as well as Big Labor, all of which expect it to pass next year. For all its blandness, however, the measure is likely to run into stiff opposition from the increasingly powerful congressional business lobby. The U.S. Chamber of Commerce's chief economist, Jack Carlson, has already asserted that the 4% goal could not be reached without boosting inflation to an annual rate of 10% or more...

Author: /time Magazine | Title: Business: Unemployment Goal? | 11/28/1977 | See Source »

THAT THE SENATE, in view of his record, has allowed Russell Long to accrue such massive power does not speak well for the resolve of that chamber's members--particularly those Democratic leaders who agree conceptually with the President's programs and talk frequently of ethics in government. Senate rules now permit chairmanships to be stripped from senators with seniority, but Long can expect to have bottleneck control for many years to come. The senior senator from Louisiana's way of doing things on Capitol Hill--the old way--is as powerful as ever. Carter is learning that lesson...

Author: By Jon Alter, | Title: Strange Disclosures of the Second Kind | 11/16/1977 | See Source »

...League of Nations). Although the I.L.O. has been successful in monitoring and improving labor conditions worldwide, it also has become a forum for Third World and Communist attacks against U.S. Middle East policy and especially against Israel. Both the AFL-CIO and the U.S. Chamber of Commerce favored the pullout-the first American withdrawal from a U.N. agency. The action will wipe out U.S. financial support of the I.L.O., which amounts to about a fourth of the 135-member organization's $80 million annual budget...

Author: /time Magazine | Title: Business: U.S. Quits I.L.O. | 11/14/1977 | See Source »

...relationships. As Spellacy discovers, the path of the victim's life crisscrossed his own world of Irish-American Los Angeles just after World War II. It is a lively place where an archbishop plays weekly croquet with Samuel Goldwyn, a hard-luck punk goes to the gas chamber for kidnaping a girl on V-J day, and a leading Catholic contractor short-weights the church. It is also a place where, as Spellacy reminds us, new money and social pretensions cannot disguise the old-country "harps." On the fringes is an assortment of pimps, prostitutes, pornographers and eccentrics...

Author: /time Magazine | Title: Books: Unstrung Harps | 11/7/1977 | See Source »

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