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...Bush Administration's treasury secretary, John Snow has HAD the job of selling the President's tax cut and trying to put the best face on rising unemployment. In a week of welcome news--that the economy grew a torrid 7.2% over the summer, the fastest pace since 1984--he spoke with TIME's Adam Zagorin about what lies ahead...

Author: /time Magazine | Title: 10 Questions for John Snow | 11/10/2003 | See Source »

...WILL YOU DO THAT, GIVEN THE LIKELIHOOD OF FUTURE TAX CUTS? No decision has been made on future tax cuts. And that's the President's decision. But reducing the deficit comes from two things. One is the larger tax revenues we'll see as the economy kicks into higher gear. The other is controlling spending. The President has been firm on that: he wants spending tightly controlled...

Author: /time Magazine | Title: 10 Questions for John Snow | 11/10/2003 | See Source »

Schwarzenegger appears to be the person who can find Viagra for the present impotence of California's economy. But can he balance the budget? Simple arithmetic says the tax cut he promised would further drive up the state's budget deficit. Cutting taxes will not resuscitate the state's ailing economy. Another recall? Only time will tell! Mostofa Sarwar New Orleans...

Author: /time Magazine | Title: Letters: Nov. 10, 2003 | 11/10/2003 | See Source »

...sells and rents out luxury Italian properties through her real-estate agency, The Best in Italy. "They come back to Florence all the time." Thus in 1998 was born Friends of Florence, fashioned after the nonprofit art and architecture preservation foundation, Save Venice. Although based in Washington, D.C., for tax purposes, the group of 140 people raises and spends money to preserve Florence's artistic legacy. It helps that Brandolini can tap some of her real-estate clients, such as Bette Midler and Mel Gibson. Sting, Franco Zeffirelli and Zubin Mehta all sit on the Advisory Committee. "They are Florence...

Author: /time Magazine | Title: Giving David a Bath | 11/10/2003 | See Source »

...price is steep. Founding patrons, who make a onetime gift of $30,000 or more, and patrons, who donate $5,000 annually (all tax deductible), are invited to the yearly unveilings of projects that include insider visits to collections never open to the public, and f?tes at the palatial homes of Florentine aristocrats like the marquises Frescobaldi and Antinori...

Author: /time Magazine | Title: Giving David a Bath | 11/10/2003 | See Source »

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