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Early this year Sweden simultaneously cut its income tax and increased its national sales tax from 4.2% to 6.4%. Denmark has a similar reform in the works. Even the Russians, notes the First National City dourly, recognize the adverse effect of income taxes on incentive, and proclaim their ultimate intention to abolish income taxes entirely...

Author: /time Magazine | Title: Public Policy: They Are Higher Here | 10/26/1962 | See Source »

...that emerged from a foreign affairs debate in the Bundestag was a government-backed resolution urging the U.S., Russia, Britain and France to set up a permanent four-power conference "to solve the German question." During the noisy sessions, Adenauer rose to proclaim hotly his full solidarity with U.S. Berlin policy. But opposition delegates could not forgive a passage in Adenauer's policy speech which sneered at "those who constantly expect initiatives . . . for the sake of remaining busy." Added der Alte: "As long as the Soviet Union insists on the division of Germany . . . most of the initiatives which...

Author: /time Magazine | Title: Berlin: What New Initiatives? | 10/19/1962 | See Source »

...Jock Sturrock proved to be unawed by the statistics. In the first four races of the best-of-seven series, the Aussies lost three to the U.S. defender, Weatherly, and her quiet genius, Bus Mosbacher. But Gretel did win one, and in a way that led one Aussie to proclaim: "Australians everywhere stand ten feet tall today...

Author: /time Magazine | Title: Sport: Races to Remember | 9/28/1962 | See Source »

...violated the very essence of that policy." Connecticut's Democratic Senator Thomas J. Dodd said the U.S. "should invoke the Monroe Doctrine to proclaim a total embargo" on Communist military shipments to Cuba. Old Latin America Hand Spruille Braden, onetime Assistant Secretary of State for Latin American Affairs, called for a U.S. military invasion of Cuba in the name of the Monroe Doctrine...

Author: /time Magazine | Title: The Presidency: The Durable Doctrine | 9/21/1962 | See Source »

...Cried Castro himself over his powerful short-wave propaganda station: "We no longer have to bother ourselves proving the aggressive intentions of the Yankee imperialists. It is enough to read the Yankee press itself and the speeches of its Senators. They no longer deny their aggressive intentions. No! They proclaim them to the world publicly." Actually there was no indication that U.S. policy had shifted noticeably from the hands-off orders in force ever since the Bay of Pigs debacle 17 months ago. These orders apply to the 350,000 Cuban exiles scattered around the hemisphere. Far from being paid...

Author: /time Magazine | Title: Cuba: The Raiders | 9/21/1962 | See Source »

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