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Because of Proposition 2-1/2, only 35 percent of $109.5 million in taxes to be levied this year will come from personal property, while commerce and industry will bear 65 percent of the tax burden, said Kevin T. McDevitt, one of the city's two principal assessors. He added that residential property will make up the lowest percentage of the tax base in recent history...

Author: NO WRITER ATTRIBUTED | Title: Fiscal 1990 Figures Show Revenue Shift | 10/10/1989 | See Source »

Whatever blame the Vietnamese bear for the collapse of diplomacy and the prospect of new bloodshed in their region today, they are unquestionably responsible for the only war the U.S. ever lost. "That war cleaves us still," said George Bush in his Inaugural Address. "But, friends, surely the statute of limitations has been reached. The final lesson of Viet Nam is that no great nation can long afford to be sundered by a memory." Like Palmerston's, those were wise words. But the Administration has yet to apply the lesson to Viet Nam itself...

Author: /time Magazine | Title: America: Abroad The Debacle Deepens | 10/9/1989 | See Source »

While B.A.T hired astute managers, the other two investors failed to recognize the industry's finicky and cyclical nature. Says Monroe Greenstein, who follows retailers for Bear, Stearns: "These people are developers and financiers. While they may be savvy about other types of business, they don't have that retail knowledge." The new owners may not have such problems. Among the most probable bidders are Little Rock's Dillard and St. Louis' May stores. In this industry, at least, ownership may shift back to U.S. hands...

Author: /time Magazine | Title: Sorry, These Don't Fit | 10/9/1989 | See Source »

Because the state code is unclear with respect to the rights of clubs such as the Fly Club, those who argue that they should be opened to women bear a heavy burden of proof, according to legal experts. As Judith K. Wright, spokesperson for MCAD, says, "It's all based on precedent...

Author: By Rebecca A. Jeschke, | Title: The Legal Issues Behind a Moral Debate | 10/5/1989 | See Source »

...bear out this contention, the legal brief sets up several standards for determining if a membership club is public or private. These include: "The degree of selectiveness in membership requirements...the use of facilities by nonmembers...and the the performance of a public function." And even if the MCAD chooses not use Baker's framework, he insists that "No one factor is required, and many are absent in clubs which are nonetheless held to be places of public accommodation...

Author: By Rebecca A. Jeschke, | Title: The Legal Issues Behind a Moral Debate | 10/5/1989 | See Source »

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