Word: reformer
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Africa, an elite group of American business executives, met in London two weeks ago with their South African counterparts. While the participants, who included the chief executive officers of General Motors and Citibank, have kept a tight lid on the proceedings, it is assumed that strategies to hasten racial reform were discussed. Meanwhile another group, representing the 186 U.S. companies that subscribe to a code of fair employment practices known as the Sullivan Principles, sent a telex to the South African government urging Botha to "lower tensions" in the schools of the country's black townships...
...Economy & Business Washington's tax-reform movement gets rolling again. How some U.S. firms succeed in Japan. Museum stores sell culture...
Like Rocky Balboa, the movie boxer, the plan to change the federal tax system keeps coming back for more punishment. Just when the idea has been battered to the canvas, it struggles to its feet again. Last week reform went another round, this time energized by a fresh proposal from the House Ways and Means Committee. Some of the populist ideals found in the Reagan Administration's two earlier proposals remain alive in this one. The bill would cut tax rates, close loopholes, give relief to millions of working poor people and make corporations carry a greater share...
...reform effort began a year ago, when the Reagan Administration launched a bold plan, dubbed Treasury I, to overhaul the absurdly complicated and loophole-ridden income tax law. The President put his name behind another, more modest plan known as Treasury II last May and promoted it with whistle-stop tours around the U.S. But the tax-reform movement slowed to a crawl until a month ago, when Illinois Democrat Dan Rostenkowski, the Ways and Means chairman, started engineering the new proposal. "We have done," he boasts, "what many people thought couldn't be done...
Both the House committee and the Administration expect their reform plans to remove some 6 million people from the tax rolls. A husband and wife with two children would pay no taxes if they earned less than $13,100 in 1987, in contrast to $9,575 currently. The Ways and Means proposal would accomplish this partly by increasing the personal exemption from $1,080 to $2,000 for short-form filers...