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...allure of a tax return no bigger than a postcard. The plan is also a lethal attack on the whole "culture of Washington," which he proposes to starve to death. Convinced that cutting taxes will stimulate the economy, Forbes doesn't worry much about estimates that his plan might swell the deficit anywhere between $40 billion and $182 billion a year. He dwells instead on his belief that the flat tax would have an antibacterial effect: "Remove the code," he says, "and you remove the rationale for lobbyists...

Author: /time Magazine | Title: CAMPAIGN '96: KNOCK 'EM FLAT | 1/29/1996 | See Source »

...families below that threshold would pay no income tax.) But it is almost impossible to sort out fully the economic burdens that would result from the system's new rules. This much seems clear: the scheme Forbes is pushing in his television ads looks as if it would either swell the federal deficit or raise taxes on middle Americans while bestowing extra riches on the rich...

Author: /time Magazine | Title: IS THIS TAX FLAT UNFAIR? | 1/29/1996 | See Source »

...earned dollars (though, in fact, what with federally subsidized public works, utilities and national parks, I'm getting far more for my federal tax dollars living in the West than I did back East). Yes, as an outside-the-Beltway American, I'm a certified martyr now. It feels swell...

Author: /time Magazine | Title: OUTSIDE THE BELTWAY | 1/8/1996 | See Source »

...giving season. Salvation Army Santas stand sentinel at city corners; heart-rending solicitations swell the mails. Americans at home with their families or shopping for holiday gifts are wondering, once again, whether they shouldn't share some of their good fortune. Unless something unusual happens, the Chronicle of Philanthropy estimates that charitable contributions this year will average something like $265 per person, or 1.27% of Americans' income--a total of $108 billion. By this measure Americans are the most charitable people on earth. Even so, deep gloom suffuses the country's charitable groups. Those who help the poor and desperate...

Author: /time Magazine | Title: CAN CHARITY FILL THE GAP? | 12/4/1995 | See Source »

Yeah, sure--but wasn't it a wonderful life? It sure looks swell on TV. You'll see the infant Beatles in matching leather outfits (Lennon: "We looked like four Gene Vincents, or tried to"). Lennon talks of his love for Elvis--"a guy with long, greasy hair wigglin' his ass and singin' Hound Dog." Their long slog to the top (John and Paul met on July 6, 1957, so that by the time the Beatles hit the U.S. in 1964, their career together was already half over) gets a brisk treatment, lighting for but a moment on the specters...

Author: /time Magazine | Title: GET BACK | 11/20/1995 | See Source »

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