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...figuring that it would only defer what they really wanted: a $5 billion across-the-board liberalization of depreciation allowances. Businessmen are also worried about the possibility of higher taxes in January and petty tax annoyances right now. An airline president gripes about the Internal Revenue Bureau's crackdown on convention expenses; a major oil company president is miffed because he now has to pay $500-a-year personal income tax for the use of his company Cadillac...

Author: /time Magazine | Title: State of Business: The Wary Allies | 9/22/1961 | See Source »

Behind their new wall, the Communists were busy stamping out the unrest that had swept the nation ever since the Berlin crackdown. Dozens of East Germans went on trial for "insulting the state." Many panic-stricken East Germans who bought up groceries and clothing in fear of war were called on the carpet for hoarding. There was still a trickle of refugees sneaking out to the West. One mason who was at work on the wall itself leapfrogged over the cement blocks and fled into West Berlin when his day's labor was done. Less fortunate...

Author: /time Magazine | Title: Berlin: Guns at the Wall | 9/1/1961 | See Source »

Still pursued with vigor is the crackdown on quack remedies, now under the Department of Investigation. This office does original investigations, cooperates with federal watchdog agencies, and often provides the evidence to get convictions...

Author: /time Magazine | Title: Medicine: The A.M.A. & the U.S.A. | 7/7/1961 | See Source »

...generals were promising a return to civilian rule, but had begun with a crackdown that lumped all liberals with the Communists in a drive against what it called "antistate organizations." More than 3,500 suspects considered to be potential Communists or "leftist hoodlums" were under arrest, and warnings went out to left-wing student groups to keep quiet or else. The censored press was forbidden to use blank spaces or blacked-out splotches that would show that censorship was in effect. The generals and their aides were largely untrained in civil administration, would probably have to turn to the previous...

Author: /time Magazine | Title: South Korea: The Army Takes Over | 5/26/1961 | See Source »

...John Kennedy has his way, the era of the tax-deductible yacht and the three-martini expense-account lunch will soon be at an end. Last week, in his long awaited tax message to Congress, the President demanded a crackdown on expense-account living as one step in a program designed to raise $1.7 billion in new revenue by correcting the tax structure's "defects and inequities." The additional tax income is counted on to offset a seductive new plan aimed at jogging the slow rate of business investment in new factories and equipment...

Author: /time Magazine | Title: Taxes: Down with Deductions | 4/28/1961 | See Source »

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