Word: liquor
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...more, however, since they use more services. Psychiatric treatment and possibly long-term care for the elderly will be included in the plan; states that want to come up with their own health reforms will be allowed to do so. Higher taxes on a variety of products, including liquor and cigarettes, will be necessary to raise the $30 billion to $90 billion that universal coverage will cost, but politically unpopular levies on basic company-paid medical benefits seem unlikely. Insurance companies will no longer be free to deny policies to "high-risk" groups, a practice that has made it difficult...
Then again, the Harvard Provision Co. liquor store, located directly cross the street from Christy's wouldn't be too far out of the way for convenience minded students...
Eventually, the deficit-cutting medicine is likely to be bitter enough for the most masochistic tastes. Besides the hefty tax increases already proposed, the President in effect has confirmed that he is likely to call for higher excise taxes on liquor and tobacco as part of his eventual health-care reform program -- and even those "sin taxes" would not come anywhere near offsetting the costs of making health-insurance coverage universal. On a happier, though still controversial, note, Clinton unveiled a program to invest $17 billion of federal money over the next five years in civilian high- tech projects. Much...
...English families that are buying their liquor in French stores will < eventually see a drop in British prices as the single market forces member countries to harmonize their tax rates. France has already chopped its 33% value-added tax on automobiles, which kept French drivers from speeding across the border to buy lower-taxed German models. Lufthansa, Iberia and Air France have slashed airfares, signaling the opening of Europe's first air price war. Consumers are benefiting. But Bernard Attali, chairman of the board of Air France, warned that the "suicidal" consequences of cut-throat competition will be massive layoffs...
Perhaps Summers' most bizarre revelation is an account provided by Susan Rosenstiel, the wife of a liquor distiller and gambling crony. Rosenstiel recalls attending what she thought would be an elegant private party at New York City's Plaza Hotel in the company of lawyer Roy Cohn, Hoover and others. Instead, Cohn introduced Rosenstiel to a woman named "Mary," dressed in a fluffy black dress, lace stockings and high heels. It was obvious Mary was no woman. "You could see where he shaved. It was Hoover," said Rosenstiel. Joined by Cohn, Hoover stripped down to a tiny garter belt...