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...available to the city and county governments dependent on property taxes to soften the impact of Proposition 13. Now the state's surplus is down to about $2.6 billion. Opponents of Proposition 9 argue that by slashing income tax revenues $4.9 billion next fiscal year, the measure would wipe out the surplus altogether and leave the state unable to continue bailing out local governments...

Author: /time Magazine | Title: Nation: Nein on Nine? | 6/2/1980 | See Source »

...Japanese attitude toward women. "Feudal," she wrote, after a guard said that American women opened and shut doors too aggressively, instead of gently like Japanese women. In 1943 the Japanese placed Lysol-soaked cloths in boxes outside the huts and announced that any prisoners who failed to wipe their feet on the cloth would be beaten. Wrote Crouter: "I am rather confused over Japanese politeness and tea ceremony in comparison with the Sergeant offering to slap any woman who wouldn't dip her feet into the door box. Like us, their nature is capable of contradictions, but they could...

Author: /time Magazine | Title: Behavior: Americans in Captivity | 3/24/1980 | See Source »

...import fee, amounting to ten cents a gallon of gasoline, will wipe out any gains from the rest of Carter's program by raising the consumer price index by more than half of 1 per cent, by administration estimates. Called a "conservation fee," it is really a budget-balancing hedge against possible Congressional failures to ratify the president's spending cuts. In this case, it may face legal challenge because the 1962 law authorizing import fees stipulates they cannot be used as a revenue source...

Author: By Mark R. Anspach, | Title: Bondage and Discipline | 3/19/1980 | See Source »

...bunker. Finally, another comparatively hardhearted approach gaining adherents even in the U.S. State Department is simply to be tougher in striking back next time?as the Soviets would probably be. "Tehran would never happen to the Soviets," says U.S. Antiterrorism Expert Robert Kupperman. "If it did, they would wipe out a hunk of the city, even if they lost everybody in their embassy. That has its deterrent effect...

Author: /time Magazine | Title: Diplomacy's Dark Hours | 3/17/1980 | See Source »

...rent-a-suit scheme originated a few years ago in Great Britain, where companies have mastered the art of executive perquisites because exorbitantly high tax rates wipe out almost all benefits of high salaries. Now an old-line Baltimore suit manufacturer, Haas Tailoring Co., is using the idea, and President Irving Neuman is besieged with telephone calls from prospective customers. Says he: "Business is growing like Topsy...

Author: /time Magazine | Title: Business: Rent-a-Suit | 3/10/1980 | See Source »

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