Word: instead
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Dates: during 1970-1979
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...business in Jamaica, but he's invested in his restaurant and doesn't now know whether he'll go back home. The Silver Slipper is as much a second start for Leonard Matthews as Grandma's is for Sid Gerstenblatt; but Leonard has weaned his child for eight years instead of eight weeks, and then, Leonard never had much choice about work...
...like to see our people build Roxbury instead of hanging on the street. I'd like to go into a business where I could take two or three people off the street at least, where I can produce something. But the number one thing to think about is survival. People say they can't do this but they don't try; if I set myself a goal I want to conquer. If I don't, I sick...
...prevent the government's $2 value added tax from cutting into his profit margin. At a rate of 10 per cent, the VAT collects a total of $5 off a case of wine which eventually sells for $50. It serves the same function as a sales tax. But instead of taking all the money in one final sale, the VAT collects its taxes in nibbles--a dollar here and a dollar there...
...POLITICIANS, the VAT has one fabulous advantage over a sales tax. It's hidden. Though Long and Ullman both admit that its costs will be passed onto consumers, the VAT will not look like a surcharge on sales. Instead it will be incorporated in the list prices of all goods. Consequently, most consumers who spend $50 on a case of wine will have no idea that their purchase is really worth only $45 but that the government tax has upped production and distribution costs...
...more equitable strategy for stimulating productivity lies in adjusting the progressive income tax to create incentives for savings. Instead of simply taxing income, the Federal government could tax income minus savings in a way that equalizes the tax burdens upon the rich and poor. With these incentives, Americans would certainly save more, banks and business would invest more, and ensuing gains in productivity would steadily combat inflation...