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Yet the fact that Californians wielded a meat ax as they cut into taxes bothered many advocates of more moderate efforts to put limitations on government spending. Liberal Economist Walter Heller, chairman of the Council of Economic Advisers under both John F. Kennedy and Lyndon Johnson, noted in the Wall...

Author: /time Magazine | Title: Sound and Fury over Taxes | 6/19/1978 | See Source »

In order to promote more investment that would help everybody, Steiger and his allies argue, taxes must be cut for the people who have money to put to work. Michael K. Evans, president of Chase Econometrics, figures that if Steiger's amendment passes, stock prices would jump 40% in two...

Author: /time Magazine | Title: Business: About-Face on Capital Gains | 6/12/1978 | See Source »

In our last installment about municipal mix-ups, Wichita, Kans., had just received 15 cases of wine from its sister city, Orleans, France. But the wine had to be held in a warehouse because a tax of $10.36 had to be paid, and state law forbade the city to pay...

Author: /time Magazine | Title: Americana: Sister to Sister | 6/5/1978 | See Source »

Paxton learned to play at the Paxton Park Municipal Golf Course, the only public 18 in Paducah. His grandfather Edwin J. Paxton was an early devotee of the game. In 1937 he agreed to match the amount raised by a Paducah civil council for constructing a golf course, and the...

Author: By Robert Sidorsky, | Title: The Man From Paducah | 5/16/1978 | See Source »

The subject matter of the paintings is usually fairly unimportant. Sometimes, however, the titles of the works give away Davis's intent and lead the viewer to play a guessing game to figure out how the abstractions represent what the title suggests. For instance, the mural Davis did for a...

Author: By Amy B. Mcintosh, | Title: Profundity or Paint Rags? | 5/4/1978 | See Source »

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