Word: reductionisms
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Dates: during 1970-1979
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In his press conference last week, Carter cited other bills as likely candidates for a veto. The most important is the $16.3 billion tax cut passed by the House earlier this month. If that reduction is increased by the Senate, or if higher income groups get most of the benefits...
The strongest argument for deal making, however, is sheer necessity. Approved of by Congress and the President's Commission on Law Enforcement and Administration of Justice, plea bargaining has been condoned by the U.S. Supreme Court as "essential." It is widely accepted that without deals between the prosecutor and...
Carter's last-minute tax bill was not that much different from the one that was approved. It proposed a slightly larger tax cut of $18.3 billion that was tilted in favor of lower-income taxpayers. Those earning more than $50,000 a year would have received a smaller...
The tax-cut vote was also a setback for New York Republican Representative Jack Kemp, 43, who has staked his promising career on the issue of a sweeping 33% reduction in federal personal income taxes over a three-year period. Kemp argues that the cut would be such a spur...
But what if just about everyone begins to fly cut-rate? The break-even point will rise until airlines can no longer turn a profit no matter how packed the planes may be. Eastern's Borman is worried because his line's revenue is down from 8.840 per passenger mile...