Word: costs
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Dates: during 1970-1979
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...reduction and threatening to spend more than he had wanted. But there were some signs on Capitol Hill that Congress had heard the California message too. Said North Carolina Congressman James Martin, a conservative Republican: "I see people who've traditionally voted for everything, no matter what it cost, and now they're trying to look like fiscal conservatives. It's the two-by-four effect. People up here are getting hit right between the eyes...
...eventually will be paying higher taxes relative to commercial-industrial properties, since private residences change hands more often than factories and office buildings; with each sale, a property may be reassessed and its taxes may rise. Says Heller of the disparity: "An abomination." Weidenbaum counters that "by reducing business costs, Proposition 13 ought to spur business expansion and employment." Sprinkel favors a proposal defeated by California voters in 1973 limiting total state spending to a fixed percentage of personal income in the state. Both Sprinkel and Weidenbaum also argue that federal income taxes ought to be indexed to inflation. Otherwise...
...intensified last week when the Soviets arrested F. Jay Crawford, 37, a Moscow representative of the International Harvester Co., and accused him of selling foreign currency to Soviet citizens at speculative prices-a charge that could cost him eight years in a forced-labor camp plus a five-year term of exile in the U.S.S.R. Crawford, a genial Alabaman, was driving to a cocktail party with his fiancée, U.S. Embassy Secretary Virginia Olbrish, when policemen accosted him at a traffic light and dragged him from his car. When his fiancée resisted the cops, she was bruised...
...resulted in large-scale unemployment and serious food shortages. On the average, 1,400 Laotians swim or sail across the Mekong every month, while only 60 Cambodians make it across their booby-trapped frontier in a desperate run from the mass executions and ruthless resettlement program that have cost more than a million lives since...
...European stores still offer many bargains for the perspicacious visitor. In Italy, Fendi handbags and Nazareno Gabrielli shoes cost 25% less than they do in the U.S. Greece's hand-woven shoulder bags, called tagari, are priced at only...