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...gallery: about 450 paintings and drawings -many by Europe's best-known contemporary artists - crowd the walls of the waiting room, the workshop, the corridors and even the fitting room. As tailor to more than 100 leading French and Italian artists, Sapone, 56, accepts payment for his clothes in works of art. Says Sapone: "It has been a fruitful exchange between the needle and the brush...
...average American, which rose at an annual rate of $36 in this year's first quarter, increased $20 in the second quarter and only $4 in the third quarter. On Jan. 1, the taxpayer will be hit with an increase in Social Security taxes; the maximum payment, for people earning $7,800 a year or more, will go up from $290 to $374. On April 15, millions of Americans will have to pay out a lot more to cover the 10% surtax on their earnings from April through June 1968, when the surtax was not withheld from paychecks...
...commercial photographer from Baton Rouge, La., ran into financial difficulties while setting up his business in 1957 and had to defer payment on various accounts. He has since become successful enough to buy-on credit-an airplane for his business, and Dun & Bradstreet rates his borrowing capacity at about $35,000. But three months ago his wife was unable to charge two cans of paint for the family swimming pool because of the eleven-year-old local credit-bureau report...
...plans vary considerably in detail, the principle is the same: everyone is entitled to a basic income as a matter of right. Under Tobin's plan, the most carefully thought out, no family of four would receive less than $2,600 a year. As income rises, the payment from the Government would drop, until a breakeven point of $5,200 is reached. At $6,144, the family would start paying full taxes (see chart, following page). According to Tobin's arithmetic, no family would ever be better or as well off not working-as is often the case...
...interesting, too, that Massachusetts' wealthiest Corporation, easily able to afford payment on its own renovations, has accepted this money rather than requesting it be put to a more vital...