Word: collectables
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...today, Rep. Bill Thomas (R-Calif.), chairman of the Ways and Means health subcommittee, advocated raising the eligibility age for Medicare from 65 to 67 in the next century, in tandem withSocial Security. It would be "crazy," said Thomas, to grant people Medicare benefits two years before they can collect full Social Security. Raising the age would leave many people in that age group uninsured or underinsured during a vulnerable period of their lives...
...white Birmingham, Ala., firefighters successfully objected to 14 city promotions of blacks, complaining that they had been "passed over" despite scoring higher on the promotion exams. A U.S. appeals court had struck down Birmingham's quota plan as unconstitutional. In the second case, the justices let a white man collect $425,000 from a Pittsburgh company he accused of denying him a promotion because of his race. Though many Court-watchers are looking for signs of thecurrent Court's stance on affirmative action, TIME law correspondent Adam Cohen warns that such case refusals "have no precedential value at all." Instead...
...city expects to collect a total of $145,623,133 in taxes for fiscal 1996, of which 41.1 percent is used on educational programming...
Republican presidential hopeful Dick Lugartoday proposed eliminating federal income, capital gains and inheritance taxes and replacing them with a 17 percent national sales tax. The Indiana senator saidstates would collect the money, creating a simpler tax system by eliminating the IRS. Such a system would be regressive, however, since lower-income people spend more of their income in cash transactions. TIME Washington correspondent John Dickerson adds that another problem with the proposal is that retailers could find ways to avert the tax and there would be no national authority to catch them. Lugar contends much of the sales tax would...
Except for a few dissenters, the citizens of Savannah have welcomed the influx of Midnight enthusiasts. Locals give guided tours of the book's notable sites, like the Bonaventure Cemetery, where the homicide victim used to collect his thoughts and rendezvous with his girlfriend, and Mercer House, the scene of the killing. Predictably, Savannah's merchants offer plenty of Midnight memorabilia like maps and T shirts. A cafa featured in the book now serves "fresh salads from our garden of good and evil...