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Since 2002, Franklin has turned in three balanced budgets, and in February she reported an $18 million revenue surplus. A $5 million homeless shelter is scheduled to open this summer. She plans to run for a second term this November, and so far nobody is even bothering to oppose her. For her achievements Franklin was awarded the John F. Kennedy Profile in Courage Award this year by the John F. Kennedy Library Foundation. She is the first sitting mayor to be so honored. -- With reporting by Greg Fulton/Atlanta
PRIVATE EARTHQUAKE SHELTER Mircea Manolescu, Romania...
...more than half the partnerships in the real estate and oil-and gas-drilling industries were losing propositions, a sure sign that they were being used as tax shelters. States the Treasury report: "The rapid growth in the number of partnerships reporting losses would lack a sound business rationale if it were not for the ability of many taxpayers to use the tax losses ... to shelter other income from taxation." Pickle is now asking the Treasury for another study that will pinpoint the sections of the current tax code that are being abused. "No law has been violated," he says...
...group. "A little more enthusiasm, please, " the bishop replied with a smile, and the group obliged. Then he pulled up a chair and began the day's lesson. It was drawn from Acts 21: 27-39, the story of Paul being taken into protective custody by Roman soldiers to shelter him from a Jerusalem mob. Tutu smiled thinly. When the prayer meeting was over, the bishop leaned forward to tell his staff about the previous afternoon at Daveyton. He said that during the funeral he had heard a joke about Louis Le Grange, South Africa's Minister...
...peculiar thought arises that Smith writes her slightly ramshackle novels in a mood of philanthropy, to give shelter to her vulnerable characters. Good for her, good for them, good for us. --By John Skow Best Sellers...