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Word: excessives (lookup in dictionary) (lookup stats)
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Deductions for interest on personal loans, and on loans to buy cars, boats, furniture or a second or third home would be capped. If a taxpayer collects investment income, such as rents and interest on savings accounts or certificates of deposit, the cap would be $5,000 in excess of that income. For example, if the taxpayer collects interest of $2,000, he or she could deduct no more than $7,000 in interest paid. Taxpayers who have no investment income would be limited to a straight $5,000 deduction for interest paid...

Author: /time Magazine | Title: A Hard Look At the Fine Print | 6/10/1985 | See Source »

...enterprise. The organization, which he set up two years ago in Glen Ellyn, Ill., is called Assistance Ltd. Roskam, an industrial sales executive with a soft spot for small private colleges and young scholars looking for help, finds a school that needs equipment. Then he talks corporations into donating excess equipment as tax-deductible gifts. The colleges in turn arrange for scholarships equaling the value of the gifts to high school graduates from lowincome families...

Author: /time Magazine | Title: Education: Smart Swaps | 6/10/1985 | See Source »

Sellars' furious improvisations are sometimes arbitrary and pretentious, and more than a little of the text sinks in the mire of expressionistic excess. But his reworking is so full of passion, inventiveness and sheer theatrical verve that one cannot help cheering. Dumas's tale of Edmond Dantes, a young - seaman in Napoleonic- era France who is unjustly imprisoned for 18 years and then escapes to seek revenge on those who wronged him, could have been a routine exercise in nostalgia or camp. But Sellars obviously sees grandeur in the play and is determined to make the audience...

Author: /time Magazine | Title: Theater: Running Wild with a War-Horse the Count of Monte Cristo | 6/3/1985 | See Source »

...produce enough goods. But that is not likely to happen again soon, Economist Heller pointed out. He noted that U.S. companies are expanding their factory capacities by 5% this year, according to a McGraw-Hill survey, and that current plants have plenty of room for new production. Said Heller: "Excess-demand inflation is not onstage or in the wings...

Author: /time Magazine | Title: Waking Up From a Slump | 6/3/1985 | See Source »

...recent PBS production of Titus, Andronicus (a.k.a. the Elizabethan Chainsaw Massacre) showed, a gutsy director can turn even Shakespeare's faults into virtues. Had Kilty focused his attention on energizing Labour's silliness with some more madcap excess, a merely promising production might have grown into greatness. As this is Kilty's second shot at the play, maybe the third time will do the charm...

Author: By Cyrus M. Sanai, | Title: Love's Labor Pains | 5/24/1985 | See Source »

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