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...five years. The new law will wipe out most of the special tax incentives and shelters that industries have lobbied for and protected for decades. Yet surprisingly, most corporate leaders applaud the reform, since they feel that in the long run they will benefit from a more efficient and vibrant, not to mention fairer, economy. Says Robert Silverman, president of Atlanta's Winter Construction, whose business is sure to feel the loss of tax preferences aimed at real estate: "It's wrong for my industry, but I think it's right for the country...

Author: /time Magazine | Title: Trading Breaks for Lower Rates | 8/25/1986 | See Source »

...coffee downstairs with Writer Louis Auchincloss, who was sleeping overnight at the mansion. Cuomo immediately jumped out of his chair and began hugging her, kidding in a deadpan voice that she has never even read his diaries. For a moment she looked flustered that he said it openly. A vibrant and attractive woman with shiny eyes and a slim figure, she is less intense than her husband and handles him easily. Cuomo said it was impossible for anyone to understand him without accounting for Matilda. She is central to his whole life. After standing for a time, she slid away...

Author: /time Magazine | Title: Inside the Diaries, and the Mind | 6/2/1986 | See Source »

...raisers say that his name is a magnet for money. Wherever he speaks, he dazzles audiences with his verbal virtuosity and moves them with the evocation of his oft-repeated theme of family: "The sharing of benefits and burdens for the good of all." "He's the most exciting, vibrant politician in America today," says Senator Joseph Biden of Delaware, a man who is often mentioned as a Democratic contender...

Author: /time Magazine | Title: What to Make of Mario | 6/2/1986 | See Source »

...give the benefit of what I know about the violin to help him say what he wants to say. I put my hands, heart and belief at his disposal." A complex, rhapsodic study in tone color, it is particularly well suited to Stern's soulful intonation and vibrant technical flair. "You have to study the whole score and put together the sound in your head totally," explains the soloist. "Then you take the work apart measure by measure. You must learn the work from the inside; you work slowly until it becomes yours." Stern's dashing reading with the Orchestre...

Author: /time Magazine | Title: Music: Making the Strings Sing Again | 5/19/1986 | See Source »

...avant-garde and not very commercial," so they are not for sale in Japan. "People are afraid of certain outfits," he observes, talking in his one-room studio below a Tokyo back street. "They think, 'This is too loud for me.' " Indeed, the designer is swacked on the vibrant, sun-drenched colors of the Mediterranean and says, "Whenever I go to Italy, it always feels like home." Hishinuma has the kind of unbridled talent that with a little trimming along the far edges, could reright the fashion axis by a couple of degrees...

Author: /time Magazine | Title: Living: Showroom At the Top | 5/19/1986 | See Source »

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