Word: provisionals
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A major incentive to spend is America's income tax structure, which does more to reward consumption than almost any other system in the world. The Government taxes savings twice: first as income, then again on the interest that the money earns in the bank. At the same time, the...
As a starting point, MIT might seriously consider some of the ideas advanced by the founders of Tent City now nearly two months ago. Vacant property held by MIT certainly could be used to house homeless people and greater provision could be made for subsidizing low-income units in the...
The legal controversy over insider trading dates back at least to the beginning of the century. In 1909 the Supreme Court held that a corporate director could not legally profit from buying his company's stock based on information about the firm that he had concealed from another shareholder. But...
-- The conferees resorted to some dubious accounting tricks to reach their $30 billion goal. Consider the truth-in-pizza labeling plan. Under this provision, manufacturers of frozen pizzas will be required to inform consumers whether their pies are made with real cheese. The designers of the plan expect that pizzamakers...
Loners trolling for cans in New York City doubtless include some of the city's 50,000 or so homeless. But they are not always downtrodden. Can Picker John-Ed Croft, 50, abandoned a career as a computer program analyst to take up life as a painter. Croft has been...