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Planning is the key to any Rouse enterprise. How that can work for the future of the American city can best be seen in Columbia, Md., a new kind of community that was developed and planned down to the shape and color of the street lights (round and white) by...

Author: /time Magazine | Title: Living: He Digs Downtown | 8/24/1981 | See Source »

The voting Rights Act. Reagan says he expects to support a full extension of this important civil rights law with only minor modifications. Some Southerners had urged that a provision of the law that forces Deep South states to obtain Justice Department approval for any change in election laws be...

Author: /time Magazine | Title: A Not-So-Brief Intermission | 8/17/1981 | See Source »

Along with that will go a reduction in the capital-gains tax on profits from the sale of stock or other property: the maximum tax, currently 28%, will go down to 20%. Late in the week, House-Senate conferees dropped a provision that would have decreased from a year to...

Author: /time Magazine | Title: Searching for the Bottom Line | 8/10/1981 | See Source »

Windfall-Profits Tax Exemption. The bill chips away the Carter Administration's windfall-profits tax on oil producers, increasing the exemption from $1,000 to $2,500 for oil royalties in 1981, then to the profits from 2 bbl. of oil daily in 1982, then 3 bbl. in 1985...

Author: /time Magazine | Title: Searching for the Bottom Line | 8/10/1981 | See Source »

Big farmers of the West who use the cheap labor provided by illegal immigrants welcome one provision of the Reagan package. Recognizing the fact that thousands of Mexicans crisscross the border every year for jobs, the Administration would allow 50,000 guest workers into the U.S. for nine to twelve...

Author: /time Magazine | Title: Controls for an Alien Invasion | 8/3/1981 | See Source »

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