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Farrakhan is indisputedly a Black leader of import. After twenty years of ineffective sentimentalism on the part of the traditional Black leadership, Farrakhan is an original, if not pleasant voice in the Black community...

Author: By David J. Barron, | Title: Crisis After Cruse | 3/1/1986 | See Source »

Many legislators feel that new taxes are the only hope for true deficit reduction. Says New Mexico Republican Pete Domenici, head of the Senate Budget Committee: "Taxes can be the glue that puts that package together." The leading candidate is an oil import fee, which if combined with taxes on energy consumption could raise as much as $30 billion a year. There would be minimum pain to consumers, since the new taxes would only offset the recent plunge in oil prices...

Author: /time Magazine | Title: Back to the Future, Again | 2/17/1986 | See Source »

Reagan indicated last week that he might consider an oil import fee, but only as part of a "revenue-neutral" tax-reform package; he remains adamantly opposed to raising taxes for reducing deficits. But he might be persuaded to change. Senior White House staff members were secretly polled a month ago by their boss, Donald Regan, as to whether Reagan eventually would accept a tax increase in order to get a budget deal. They voted 11 to 3 that he should not, but would...

Author: /time Magazine | Title: Back to the Future, Again | 2/17/1986 | See Source »

Fences is an import from the Yale Repertory Theater, which also originated Ma Rainey. Once again, Playwright Wilson heaps too much plot onto a slice-of-life structure, but he gives Jones one of the very best roles of his career. Troy Maxson is a frustrated man of 53, a former baseball player who was too old to have made the jump from the Negro leagues to the majors. A former lowlife who has lived for duty, respectability and the right of absolute authority at home, he destroys everything he achieved and leaves no one to mourn him. Jones revels...

Author: /time Magazine | Title: Theater: Second City, But First Love | 2/17/1986 | See Source »

...business arena is more alluring to Korean manufacturers than the U.S. auto showroom. Americans bought some 11 million cars last year for $131 billion. Hyundai, whose Pony subcompact is already the best-selling import in Canada, may be able to capitalize indirectly on the lofty reputation of products made in Japan. Says Edward Klein, a Canadian auto dealer who sells the Pony: "People perceive it as a quality car because it comes from the Orient." That perception has some foundation: Japan's Mitsubishi owns 15% of Hyundai and supplies the technology for the Excel's engine and transmission...

Author: /time Magazine | Title: The Excel Has Landed a $4,995 Car Could Be the Latest | 2/10/1986 | See Source »

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