Word: isn
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Dates: during 1980-1989
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That program is the corporate tax deduction for business entertainment, which subsidizes the fabled "threemartini lunches." Although it isn't ordinarily considered a welfare program, the travel and entertainment ("T and E") deduction works exactly like one. Corporations can deduct 80 percent of the cost of their executives' expense account lunches (and other entertainment expenses) from their taxable income...
...reform bill, a measure that eliminated dozens of cherished tax breaks altogether, Congress limited T and E deductions to 80 percent of their cost. That is a step in the right direction, but it isn't nearly enough. Wealthy investment bankers do not deserve any government handout...
...History isn't written only in headlines, any more than news is all made by diplomats and politicians. Consider the ETHICS story on the efforts of gays to win legal recognition for their relationships. Or the report in IDEAS on Japanese author Shintaro Ishihara's blunt criticisms of American attitudes. We have exclusive excerpts in WORLD from a private memo Richard Nixon sent to congressional leaders after his recent China visit. By the way, you'll notice that we've moved INTERVIEW to a new position near the front of the magazine, ahead of NATION...
...clips free, since producers assume they will help the movies and videos from which they are excerpted.) Not to mention the indignity of seeing classic films and TV shows strip-mined for their "funny" parts. Oh, well; comedy may be big business, but, as Steve Martin once noted, it isn't pretty...
...perception is that our generation isn't willing to fight for rights we've grown up with," says Ashley E. Abbott, a Dartmouth College sophomore who attended the Washington protest. "But we're fighting...