Word: taxingly
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Dates: during 1970-1979
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...source for this tale was somewhat less than objective. Two owners of Studio 54, Steve Rubell and Ian Schrager, had been charged with tax evasion, obstruction of justice and conspiracy in June. The charges followed a raid on the disco in December 1978 in which Schrager had been arrested for possession of cocaine. Rubell's chief lawyer, Roy M. Cohn, onetime aide to Senator Joseph McCarthy, said last week that in preparing for the trial Rubell told him that the discotheque's many famous visitors included Jordan and Powell...
Rosenthal never tires of saying that his aim is not to give service to customers, wages to workers, or taxes to governments, though all of that is necessary. "The objective," he intones, "is to reward those who make the business possible by investing their capital in it: the shareholders." That view might seem outrageous, were it not that customers give generally high marks to Citizens' service. Remarkable in the unglamorous utilities business, Citizens last year earned a walloping 19% after taxes on revenues of $108 million from sales of electricity, water, gas, telephone, and sewage services to some...
...Rosenthal wants to see capital grow throughout the economy by radically changing the source of much that is wrong in the U.S.: its tax system. In his view, the system fosters too many tax shelters, expense-account freeloaders and assorted cheaters. It penalizes achievement because it taxes salaries at rates up to 50% and capital (in the form of dividends and interest...
...even to see if the price is right. She is co-host of All Things Considered, surely the most literate, trenchant and entertaining news program on radio. Gimme Shelter! was typical of the show: an imaginative way of commenting on the current scene, in this case, federal retirement tax policy...
...parent company. Sullivan has loosened the magazine in other ways as well. An understated but chatty "People" section keeps readers posted on the doings of Government and media luminaries, and an "Update" column concisely covers developments along such news-fronts as national health insurance, coal-burning rules and tax cut alternatives. A regular feature called "At a Glance" capsulizes the status of 24 major bills, regulations, court cases and other issues. The magazine has even begun to crack a smile on occasion. Not long ago, for instance, Correspondent Richard Corrigan parodied Howard Cosell in an article about the congressional battle...