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Word: stepped (lookup in dictionary) (lookup stats)
Dates: during 1980-1989
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...closely targeted approaches to the problems of the poor: "In the 1970s I would have said we should have a guaranteed annual income. I don't say that now. We have learned that blunt instruments don't work." Making the income tax system more progressive would seem an obvious step, but economists warn that it has its limits. Says Gary Burtless of the Brookings Institution: "There are estimates suggesting that if we raise tax rates on people making more than $40,000, they will actually work harder. Unfortunately, they will probably also work harder to avoid taxes." Indeed, the most...

Author: /time Magazine | Title: Are You Better Off? | 10/10/1988 | See Source »

...most sensible, though politically explosive, step would be to tax Social Security payments like ordinary income, as is done with private pensions. The low-income elderly would still be lightly taxed; those with higher incomes would pay enough more to provide money that could be used to invest in basic medical care for children and to provide larger earned-income tax credits for the working poor who receive few welfare benefits. When the time comes to increase taxes to balance the budget -- and come it will, however much politicians shrink in horror from the "T" word -- consideration must be given...

Author: /time Magazine | Title: Are You Better Off? | 10/10/1988 | See Source »

...arrest the cycle of poverty, the best place to begin is at the beginning -- the earlier the intervention the better the results. Greater spending for prenatal care and neonatal care is the first step. Dukakis' proposal to spend $100 million for prenatal care for mothers not covered by health insurance is a welcome acknowledgment of this. Each dollar spent on prenatal care saves more than $3 later in the care for babies with low birth weight. The same thing goes for remedial education. The earlier a child gets help, the less radical the later discrepancy between children of poverty...

Author: /time Magazine | Title: The Underclass: Breaking the Cycle | 10/10/1988 | See Source »

...highest-ranking departee was Soviet President Andrei Gromyko, 79. In granting his "request to retire," the Central Committee cleared the way for Gorbachev to step into the office, which he did on Saturday. Gorbachev further strengthened his hand by shuffling off Yegor Ligachev, the party's former guardian of ideology and his main rival within the Politburo, to a new commission on agriculture, the quagmire of Soviet bureaucracy. According to Western observers, Gorbachev won Politburo approval of the shake-up while % Ligachev was conveniently out of Moscow on vacation...

Author: /time Magazine | Title: Communism Too Far, Too Fast? | 10/10/1988 | See Source »

...only the market-oriented economic restructuring envisioned by the Chinese but also fundamental political and social change. Two days before the Central Committee gathering, at a meeting with East German party leader Erich Honecker, Gorbachev responded to critics who wondered whether it wouldn't be easier to move step by step, first coping with one problem and then another. "Radical change," he said, is needed "in the party, in the state, in agriculture, in industry, in personnel policy and most of all in people's mentality." In assessing the actual progress of reform, Gorbachev can be brutally realistic...

Author: /time Magazine | Title: Communism Too Far, Too Fast? | 10/10/1988 | See Source »

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