Word: sterne
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...RAPE OF THE TAXPAYER by PHILIP M. STERN 483 pages. Random House...
Raid. How is that possible? Author Stern began explaining the not-so-fine art of legal tax loopholing nine years ago in The Great Treasury Raid. Along with dozens of further abuses of income tax equity, he now raises the seriousness of his charge from a mere crime against property to an assault on the person-namely, the millions of ordinary people who must pay higher-than-necessary tax rates in order to finance a vast system of "tax welfare" for the superrich...
...their supposedly assigned level than they actually do. McGovern's tax goals, rather fuzzily calculated from the start, got badly tangled up in his corollary proposal to redistribute many of the tax proceeds to those on the lower end of the income scale. It happens that Author Stern personally favors a similar plan. But he is careful to point out that money saved by loophole closing could be used to reduce the tax burden on middle-income folk...
...London Times called the budget "more valorous than prudent" and added: "It is certainly incautious, and we fear that it is ill-judged." To most political observers, it seemed to be a stopgap tactic for holding consumer support while the government tries to make its stern economic controls work. As one economist put it, "The budget is really a piece of fiscal sugar to sweeten public acceptance of Stage...
Matthew B. Stern '74, a member of the committee that formulated the proposal, said yesterday that the changes seem "pretty definite." "Senior year is just bad timing for a general exam," he said...