Taxes And Fakes Top Legislative Concerns

This election year will be one of flux for legislative and other government proposals that would affect retailers. Some appear headed for compromise while others may be ditched altogether as legislators shift into campaign mode and as they and President Clinton bicker over just about everything. While businesspeople and consumers watch the daily dramas played out in Washington, D.C., they'll concentrate on several core issues: If taxes are lowered, consumers will have more disposable income. If Medicare payments and taxes are increased or coverage decreased, discretionary spending will rise or fall accordingly. If government cost-cutting continues, layoffs in the military and at federal offices will squeeze the economies of certain regions. In addition to these general issues, here's a look at several that could affect the jewelry

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