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...leaves little in the way of a recorded paper trail. Peter Gutmann, an economics professor at New York City's Baruch College and a close student of the subject, puts the figure at about $420 billion in 1981, or 14% of the official gross national product. Roscoe Egger Jr., commissioner of the Internal Revenue Service, told a Senate Finance subcommittee two weeks ago that the loss in tax dollars due to the underground economy came to some $97 billion last year, more than twice the level of 1976. Others within the IRS believe that even that stunning estimate...

Author: /time Magazine | Title: Playing Tax Games | 4/12/1982 | See Source »

...years later, on scholarship to the august Berlin Academy of Music, he lived on yogurt so he would not have to skimp on his record collection. Production-assistant jobs around various Munich recording studios kept him in curds and vinyl until he met up with Karl Egger, a burly purveyor of discount audio and records. Egger suggested to Eicher that they record displaced American jazzmen who had fled the rock-dominated music biz back home for the burgeoning jazz scene in Munich. "It was an era," Eicher recalls, "when the new artists were there to be grabbed...

Author: /time Magazine | Title: Music: Sounds from a White Room | 4/27/1981 | See Source »

...Egger bankrolled, Eicher produced, and in 1970 the first record on ECM was pressed: Free at Last by the superb pianist Mai Waldron. Only 500 copies of the record were originally turned out, but 14,300 eventually sold. Now an initial ECM pressing averages 10,000 albums for its established acts and 6,000 for the three or four unknowns it introduces every year...

Author: /time Magazine | Title: Music: Sounds from a White Room | 4/27/1981 | See Source »

...champion (Carl Weathers) blows into town for a championship bout and must find a replacement for the suddenly injured contender. Rocky asks the audience to believe that the champ reaches down past all the ranked boxers and all the up-and-coming kids to give this stale ham-and-egger a chance in an engagement on which millions are riding. It is not merely improbable in a time when even a legitimate challenger like Ken Norton, who is a movie star to boot, does badly on closed-circuit TV, it is preposterous. One really cannot deal with such a howler...

Author: /time Magazine | Title: Cinema: The Contender | 12/13/1976 | See Source »

...been a passionate promoter of Cesar Chavez's efforts to organize California farm workers. Lately, wearing a serape with Chavez's stylized eagle emblazoned on it, Salandini has been saying Mass on an ironing board in front of the Palm City house of Grower Robert Egger, a key figure in a farm labor dispute. He has refused repeated orders of San Diego Bishop Leo T. Maher to wear vestments other than the serape, and to stop using corn tortillas as Communion bread. (Wheat tortillas would apparently be acceptable under recently authorized changes in the Mass.) Maher...

Author: /time Magazine | Title: Religion: Tortilla Fiat | 7/26/1971 | See Source »

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