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...billion in receipts comes from deductible business meals. In the early 1980s, power lunches were 100% deductible. The Tax Reform Act of 1986 sliced that to 80%. "What's going to happen in five years?" asks Fisher, who adds facetiously, "Why not just knock it out completely and knock out the country's leading retail employer...

Author: /time Magazine | Title: Cooking Up a Political Storm | 3/8/1993 | See Source »

...seemed only a few months ago that the CD player seemed guaranteed to be around for a while. Today industry experts aren't so sure. "There is a fear that MiniDiscs could knock out CDs, which have become a standard," observes Michael Riggs, executive editor of Stereo Review. "I would really prefer that it wouldn't happen because it might upset the investment people have made in CDs." A lot of other people would have that preference too, it seems safe...

Author: /time Magazine | Title: The Digital Dilemma | 3/1/1993 | See Source »

...organizers are aiming to knock down racial barriers by starting a community and local program integrating Blues music, Southern culture, Afro-American art, and youth entrepre-neurial education...

Author: By Paul Cohen, | Title: Blues Foundation Raises $30K | 2/24/1993 | See Source »

...tough contest against Colorado, Rueb and Wallooppillai were able to knock off their opponents in straight sets...

Author: By Javier V. Garcia, | Title: Tennis Teams Fall Short In Weekend Tournaments | 2/23/1993 | See Source »

This phenomenon is known as self-organized criticality -- the grains have organized themselves to slope at a certain angle, yet the arrangement is precarious because a tiny extra bit of sand can knock the whole thing down. The sandpile is not quite stable, not quite chaotic...

Author: /time Magazine | Title: The New Field of Complexity | 2/22/1993 | See Source »

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