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...proposed law would set the state income tax rate on Part B taxable income (in general, earned income) at 4.25 percent for 1991 and 4.625 percent for 1992, except for income from unemployment compensation, alimony, Massachusetts bank interest, rental income, pension and annuity income, and IRA-Keogh deductions, which would be taxed at 5 percent...

Author: NO WRITER ATTRIBUTED | Title: The Referenda: From One to Six | 11/5/1990 | See Source »

...worked to earmark lottery funds for local aid to cities and towns. He has emphasized the need for the enforcement of fair lending practices by banks and the control of runaway insurance rates. Galvin plans to work to protects the public from corporate interests and restructure the state's pension and banking systems. Galvin opposes the CLT petition. Republican...

Author: NO WRITER ATTRIBUTED | Title: TREASURER | 11/5/1990 | See Source »

...firm: "The fatal disease of this business is that developers love to develop. Real estate people simply lost control because there was so much money available." Concurs Richard Kateley, chief executive of Chicago's Real Estate Research Corp.: "The '80s were like a carnival, with foreign investors, banks and pension funds all competing to pour money into developers' pockets...

Author: /time Magazine | Title: Downtown Blues | 11/5/1990 | See Source »

...stock are linked to its volatility in relation to the rest of the market. For example, highly volatile stocks are the biggest winners in bull markets but suffer the heaviest losses in downturns. Sharpe has cashed in on his insights, running an investment advisory firm whose clients include the pension funds for AT&T and the state of California...

Author: /time Magazine | Title: ECONOMICS: Balancing Act | 10/29/1990 | See Source »

...building in Manhattan in 1980 to make way for his glittering Trump Tower. Members of Housewreckers Local 95, who also accuse their own president in the scheme, allege that Trump was able to avoid making payments that would now total $1 million (including interest) into the union's pension funds. % "You can bet there was a wise guy somewhere in the background," says an FBI specialist on the Genovese family. Says labor consultant Daniel Sullivan, an FBI source on the Mob who has testified in the case: "It's a classic Mob relationship. Trump or his people had to have...

Author: /time Magazine | Title: Organized Crime: The Underworld Is Their Oyster | 9/3/1990 | See Source »

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