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...fast-growing industry that will undoubtedly reap a windfall from tax reform is the financial-advice business. "Congress has given us a supposedly simplified tax law," says Jean Hehn, a tax adviser in Port Washington, N.Y. "Well, there are so many ifs, buts and whens in it that it's going to bring our profession tremendous business for a long time." One sign of the trend: Shearson Lehman Bros. last week advised its clients to buy stock in H. & R. Block...

Author: /time Magazine | Title: Roaring into Tax Reform | 11/10/1986 | See Source »

...points out, Chekhov "drew the line at glorifying the 'holy Russian muzhik.' " He knew better; his grandfather was a peasant and his father an incompetent grocer and religious fanatic who spent most of his time praying, preaching and beating his six children. The family lived in Taganrog, a small port, a "deaf town," on the Sea of Azov, and as soon as they were able, the young Chekhovs were put to work in the unheated shop. On Sundays they were made to stand for hours in church. Wrote the author years later: "When I was a child...

Author: /time Magazine | Title: Books: The Melancholy Life of Uncle Anton Chekhov | 11/10/1986 | See Source »

Signs of deep-seated skepticism toward the balloting were widespread. Some Haitians complained that the Port-au-Prince government, which will appoint the 20 other commission members, had not sufficiently publicized the elections -- or the candidates. In Lilavois, a polling official was seen sleeping with his head on a voting registry...

Author: /time Magazine | Title: Haiti:A Whisper for Democracy | 11/3/1986 | See Source »

...impact of the U.S. pullouts, the departures can eventually hurt. The new owners may initially leave facilities and work forces untouched. In fact, GM last week announced plans to hire immediately 200 new workers for the launch of an upcoming model. But that often radically changes later. In Port Elizabeth, which once styled itself the "Detroit of South Africa," employment nose- dived in 1985 when Ford sold its majority share to local owners, who then shifted operations to Pretoria. Last week many Port Elizabethans doubted GM's assurances that no jobs will be lost when the automaker leaves. Like American...

Author: /time Magazine | Title: Life After the Americans Leave | 11/3/1986 | See Source »

...These arrangements have so far prevented the U.S. corporate departures from causing the widespread loss of jobs, specifically black jobs, that South African officials had often predicted. The entire GM work force of 3,000, for example, 60% black, will stay on the job at the company's Port Elizabeth assembly plant under the new ownership...

Author: /time Magazine | Title: South Africa Pullout Parade | 11/3/1986 | See Source »

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