Masonry Magazine February 1992 Page. 58
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58 MASONRY JANUARY/FEBRUARY, 1992
change the agreement, to provide money for Soviet aid or
to shift funds from arms to domestic programs, have gone
down to defeat. Nevertheless, several changes in the
agreement could be coming during 1992. Even ardent
suppporters of the pact will admit that alterations are
needed.
The White House is willing to open talks after the elec-
tions. Democrats would prefer to adopt changes be-
fore the balloting.
BUSINESS MAY FIND WASHINGTON ACTIONS more tol-
erable in months ahead. The Supreme Court is likely to rule
in its favor on major business issues, now that a conserva-
tive majority, with Clarence Thomas, is in full control. And
President Bush will block legislation that increases
business's costs. Corporate executives urge this line to
limit new burdens in a weak economy. Specifically, Bush is
likely to move slowly in mandating health benefits. And he
has already promised to veto the bill providing unpaid fam-
ily leave.
The President has shown that he knows full well how to
make his vetos stick. He has yet to be overriden by
Congress.
AN IMPORTANT COURT CASE IS A SMOKER'S SUIT
against a tobacco company. The issue: Can smokers sue
cigarette makers they blame for deadly illness? The Jus-
tices will decide whether Federal cigarette warning labels
preclude tobacco liability suits brought under state law. The
stakes are very high. If the cigarette makers prevail, they
will have a shield against new suits. If not, they and other
companies will be vulnerable to damaging litigation.
American Heart
an Heart
Association
ANOTHER CASE COULD HAVE BIG IMPLICATIONS for
mail order businesses. The High Court will reconsider a
case involving one of its own precedents, a ruling that has
barred the states from taxing made via mail order. Many
states have passed new laws making mail order sales sub-
ject to taxes. But state courts had adhered to the earlier rul-
ing and denied enforcement. Recently, however, state
courts have begun to break ranks, backing taxes.
On the labor front, the Court will review the right of
union picketers to trespass on company property.
Unions say their organizers mu must be able to do so, es-
pecially where there are no other ways to communi-
cate with the workers. Despite reduced union power,
the issue still bothers many businessmen a lot.
CONGRESS ISN'T GOING TO EXTEND SOME BUSINESS
tax incentives in 1991, but the lawmakers are expected to
approve the breaks retroactively in 1992. The main barrier
to extending the dozen or so tax provisions is their cost, a
revenue loss to the government of $2-billion in the current
fiscal year.
The costliest tax break is the credit for business's
costs of research and development. This and the other
incentives could well be part of a broader tax measure
due next year-the tax equity package Democrats
have recently put forward.