Word: getting
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Dates: during 1980-1989
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...five respected U.S. Senators get mixed up with such an operator? In a word, money. They are obsessed by it at the rate of about $10,000 a day -- the amount it takes to fuel a Senate campaign every six years. Glenn, who was carrying a $2 million debt from his 1984 presidential bid, solicited $200,000 from Keating for a political committee he controlled. Cranston ! solicited $850,000 from Keating in 1987 and 1988 for voter-registration drives. In Cranston's tight 1986 Senate race against former Republican Congressman Ed Zschau, Keating gave the California Democratic Party...
Although they are now ostensibly taxed at the same rate as other income, capital gains already get favored treatment in two ways. First, they are only taxed when an investment is sold, unlike interest and dividends, which are taxed every year. An ideal free-market tax system would leave an investor indifferent between, say, a savings account paying 10% a year and a stock expected to rise 10% a year. But tax-free compounding means that, for a top- bracket taxpayer the after-tax profit on the stock will be 45% bigger after 20 years...
...poor have a built-in defense against runaway crack abuse: they run out of money. The rich have the same limit; it just takes longer to get there. Stories abound of well-heeled users smoking their way through trust funds, savings accounts and charge-card credit lines. Some take out second mortgages and go on to sell jewelry and household items like TVs, VCRs and answering machines...
...protect its hard-won 41% market share. But beer-industry investors fear that the move could escalate into an all-out price war in which profits could be sharply pinched. Predicts beverage-industry analyst Joseph Doyle: "Anheuser decided to join in the barroom brawl. It's going to get bloody...
CROSS OF FIRE (NBC, Nov. 5 and 6, 9 p.m. EST). Romance, murder and revenge -- you'll get it all in this fact-based mini-series about the rise and fall of a Grand Dragon of the Ku Klux Klan in 1920s Indianapolis. Starring John Heard (Beaches, Big) and Mel Harris (thirtysomething...