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The Mystery of the Free Lunch.

Authors :
Kinsley, Michael
Source :
New Republic; 5/23/81, Vol. 184 Issue 21, p16-21, 6p
Publication Year :
1981

Abstract

Presents information on the social role of rich people and lavish living in the U.S. Impact of the social role of rich people and lavish living on U.S. President Ronald Reagan's economic policies; Discussion of Reagan's tax plan that involves massive cuts in corporate taxes; Assumption that in the U.S. today the greatest consumers of wealth are also the greatest producers of wealth; Information on two kinds of money; Report that a growing opportunity for tax-free high living is, of all things, charity and, in particular, corporate contributions to the arts; View that the travel industry is only somewhat less dependent than restaurants on tax-deductible customers; Fact that business consumption deductions reduce tax revenues.

Details

Language :
English
ISSN :
00286583
Volume :
184
Issue :
21
Database :
Complementary Index
Journal :
New Republic
Publication Type :
Periodical
Accession number :
12600030