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...gains as ordinary income and cracking down on expense-account deductions. Businessmen are unsure of not only what the effects would be on their companies, but also whether Congress will enact the proposals favorable to them as well as those that are not. Their view, observes Washington University Professor Murray Weideribaum, is that on taxes "the feds giveth, and the feds taketh away...

Author: /time Magazine | Title: Business: Recovery on a Tightrope | 10/3/1977 | See Source »

...year's U.S. Open, defeated England's Peter McEvoy two up. Fought and Heafner, the son of former touring pro Clayton Heafner, both won their matches four and three. Simpson, who won back-to-back NCAA golf crowns while playing for USC, closed out former Scottish Amateur Champion Gordon Murray seven...

Author: By Robert Sidorsky, | Title: The Walker Cup Returns to Shinnecock | 9/21/1977 | See Source »

Gauging A.E.I.'s influence is difficult, as the institute concentrates on trying to develop conservative economic and political ideas, and rarely takes a formal position on particular measures. But institute members can point to some specific successes. Sharp criticism by Murray Weidenbaum, an A.E.I. fellow and member of TIME'S Board of Economists, helped kill a 1975 proposal by then Vice President Nelson Rockefeller to pour $100 billion of federal money into an emergency energy program. Earlier this year the institute insistently pointed out what it saw as the bureaucratic dangers of the proposed Agency for Consumer Advocacy...

Author: /time Magazine | Title: Business: The Other Think Tank | 9/19/1977 | See Source »

...emphatically affirmed by looters in blacked-out New York City last week-has also been endorsed by a Boston federal judge, no less. When Jane Benduzek, 40, admitted embezzling $84,958 from Boston's South Shore National Bank, where she was a teller, Judge Frank Murray was told that she had felt "entitled" to all that loot. She used much of it to help right such "wrongs'" as the financial setbacks suffered by her brother, who has seven children, and her father, whose pension had evaporated when the milk company he worked for went bankrupt. Mrs. Benduzek also...

Author: /time Magazine | Title: AMERICANA: Who's Entitled? | 7/25/1977 | See Source »

...lady did not go to jail. Judge Murray ordered her to work six hours each week in a Boston hospital for six months. The bank gets the boat, the mobile home-and the problem of how to suppress feelings of entitlement among any other aggrieved employees...

Author: /time Magazine | Title: AMERICANA: Who's Entitled? | 7/25/1977 | See Source »

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