Word: steiger
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...wrong in Hollywood. Since the mid-1960s, Mitchelson, 50, has piled up a long list of financially rewarding victories in celebrity divorce battles, sometimes representing big- name clients (Rhonda Fleming, Connie Stevens, Red Buttons) but more often fighting for the showfolks' spouses. Among them: the wives of Rod Steiger, Alan Jay Lerner, Efrem Zimbalist Jr., Richard Harris and Tony Curtis, who has had the misfortune of losing child-custody cases to not one but two Mitchelson-represented spouses...
...long as Bogart, Cassady, Kerouac and all the rest are not around to complain, they look livelier and livelier to the Hollywood idea men in the age of gossip. Trouble is, complains Rod Steiger, a man who has already portrayed ten historical characters on the screen, including Napoleon and W.C. Fields, the wrong shades are being called back from the dead. "Joan Crawford? That's entertainment value. But go out and try to do the life of Beethoven or Albert Schweitzer or Einstein. You march into a producer's office and say you want to do Einstein...
DIED. William A. Steiger, 40, genial, dynamic, six-term Republican Congressman from Wisconsin; of a heart attack; in Washington, D.C. A native of Oshkosh, Steiger served for six years as a state assemblyman before winning election to the U.S. Congress at age 28. A self-described moderate Republican, he co-sponsored the Occupational Safety and Health Act of 1970, helped launch the volunteer Army, and this year proposed cutting the maximum capital gains tax from 49% to 25%. Despite opposition from President Carter, Steiger's colleagues eventually set the maximum tax rate...
...elected to the House were Democrats Les Aspin of Wisconsin, Ronald Dellums of California, Elizabeth Holtzman and Charles Rangel of New York and Patricia Schroeder of Colorado, along with Republicans Jack Kemp of New York, Tom Railsback of Illinois and William Steiger of Wisconsin. Minnesota Democrat Martin Sabo was elected to the House...
...Steiger and his allies assert that high capital gains taxes hit the economy precisely where it is most vulnerable. They steer investors away from innovative, high-risk ventures and push people to buy such securities as bonds of mature companies, which yield a steady, safe return. That return is taxed at ordinary-income rates, to be sure, but then capital gains rates are no longer low enough to compensate investors for extra risk. Supporters of Steiger argue persuasively that cutting capital gains rates would raise federal revenues rather than reduce them. People would sell assets they have been salting away...