Word: rahn
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...Fund has already met one of its goals, obtaining $1 million in personal contributions from alumnae, an increase from 5000 to 6000 donors from last year, Millie Rahn, a Radcliffe publications officer, said yesterday. Organizers also hope to secure $3.5 million in program grants from foundations and corporations and $10 million for new endowments and capital improvement by 1983. It has received $9 million in these areas...
Even Tokyo, which two years ago boasted the world's highest prices, has fallen to 13th place. Paris, which is in third place, retains its reputation for haute cuisine and haute prices. A dinner for two at a top restaurant costs $127.72. But, says Richard Rahn, chief economist for the U.S. Chamber of Commerce: "It is now possible not only to travel to Paris but also to have dinner there...
...President trimmed back the depreciation deductions offered to business to lower corporate taxes and spur investment. That change might reduce the tax savings to business by as much as $50 billion over the next five years. "Out of the blue . . . just doesn't make sense!" exclaimed Richard Rahn, chief economist of the U.S. Chamber of Commerce. Added Jack Albertine, president of the American Business Conference: "The Administration is gambling that business has to support the Reagan-Boll Weevil compromise. They're probably right." There were indications too that the Administration might restore some help to business...
...apportioned. The U.S. Chamber of Commerce, which praised Reagan's proposal, has already appealed for a $27 billion reduction, including faster depreciation and a two-point drop in corporate taxes. Such measures, said the chamber's chief economist, Richard Rahn, "should greatly increase the supply of savings, and that is a very positive program." By contrast, Robert McIntyre of Ralph Nader's Tax Reform Research Group is wary of faster depreciation and wants payroll taxes cut. Says he: "We think it would be a relatively progressive tax cut. It would go to working people mostly, though...
Yankee Ghostlore--Millie Rahn; Blacksmith House, 56 Brattle...