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...which raised state taxes a total of $500 million between 1988 and 1990, has reduced them again in each of the past three years; this year's reduction came to $100 million. New Jersey in just six months has reduced income taxes 15%, half of what once seemed a pie-in-the-sky promise by new Governor Christine Todd Whitman to enact a 30% slash over three years. The reductions have made Whitman not only highly popular locally but also a rising star in national Republican circles...

Author: /time Magazine | Title: A Fever for Tax Cuts | 9/19/1994 | See Source »

...tourist store, where three young Cubans are staring at a window display of souvenirs that would cost them the equivalent of several months' salary. At the corner, a young man whispers, "Pizza, pizza," hoping to attract customers to an illegal private restaurant. At 20 pesos, the price of a pie equals what Jorge earns in two days. Light spills out of a wood-paneled bar for tourists: Jorge cannot afford the drinks there either...

Author: /time Magazine | Title: What's a Poor Patriot to Do? | 9/12/1994 | See Source »

...million a season; the average salary is just over $1 million. During the past decade, baseball has grown from a sleepy $600 million business to an industry worth almost $2 billion. The strike, at its core, is over the simplest of economic issues: how to divide this growing pie. And while economics is as riveting as a two-hour rain delay, it is central to the stalled negotiations. The clash involves base self- interest and primal greed: the owners want to put a cap on how much players can earn; the players want to defend and expand the right...

Author: /time Magazine | Title: SPORT: Bummer of '94 | 8/22/1994 | See Source »

Richard Dooling is impartially derisive in his caustic second novel, White Man's Grave (Farrar, Straus & Giroux; 386 pages; $22). He chucks a custard pie at every face that shows itself. There's Randall Killigan, an Indianapolis attorney who glories in the dismemberment allowed by bankruptcy law: the wrenching of great financial chunks from the carcasses of not-quite-dead companies. And there's young Boone Westfall, newly employed to reject legitimate claims at his father's sleazy insurance company. "Why do you think they call it work?" Dad asks, when Boone objects that cheating widows and orphans is tedious...

Author: /time Magazine | Title: BOOKS: Scorn Syrup | 7/18/1994 | See Source »

...Pie for dessert. 1) Microwave your pie (avoid the too-dense boysenberry). 2)Put a scoop of white frozen milk confection on it--yogurt or ice cream, you never know. 3) Show visible ecstasy in front of your friends as you feast...

Author: By Edward F. Mulkerin iii, | Title: DART BOARD | 7/6/1994 | See Source »

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