Word: assets
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Surprise and Chagrin. Convinced that there will soon be a critical shortage of capital, Bentsen has introduced a bill to encourage more investment. The bill provides for a scaling down of the 35% capital gains tax. The longer an asset is held, the less it would be taxed when it is sold. After 15 years, the tax would be trimmed to 14%. The bill also increases from $1,000 to $4,000 the maximum yearly write-off of capital losses...
...achievement scores are one of the first things an official looks for in a candidate. If they're over 700, then the SATs are pretty important for a candidate; they're probably his primary asset, though as Reardon says, only about 10 per cent are admitted as a straight "scholar group." The median SAT scores for the last class was 674 verbal and 713 math. For scores below that, however, a candidate must have something else going for him--maybe he's a musician, or an athlete or has a "one" personality...
...compared to both Abraham Lincoln and Will Rogers may be considered a serious candidate for the 1976 Democratic presidential nomination. Congressman Morris ("Mo") Udall, 53, a lanky, breezy Westerner, is not reluctant to press the comparisons. As a relatively obscure Representative from Arizona, he knows that his chief asset is going to be the impression he makes. With considerable candor, a skill at raillery and a gift for not taking himself too seriously, he makes friends fast-if not ardent converts to his presidential quest...
Udall believes that his Southwest upbringing will be a campaign asset. Mo's grandfather David King was a Mormon pioneer who moved from Utah to Arizona in 1880. Mo's father Levi became chief justice of the Arizona Supreme Court and created a political base for his family that now rivals the power of the Goldwater clan...
...tell that Dreyfuss and Spielberg were right in synch because the balance between tension and release--a crucial asset to horror movies--is what the director does really well. Unlike The Exorcist, which constantly kept your stomach gnarled waiting for what atrocity you would be subjected to next, shark attacks in Jaws are well spaced until the end when Spielberg turns it on full force, Swooping you up and whooshing you down, it's the fun of a fishy roller coaster ride. Spielberg is better at the slow thrills--that sort of slither up on you and let you fall...