Word: benefit
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Dates: during 1980-1989
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...billion. New York's Republican Senator Alfonse D'Amato has proposed that the Senate make up the difference by delaying the so-called indexing that prevents taxpayers from being pushed into higher brackets. But many of D'Amato's colleagues reject the idea as highly regressive: IRAs tend to benefit upper-income groups, while indexing helps those who earn less...
Nevertheless, the wiring of America proceeds apace. Some local phone companies are testing systems that will divide standard voice telephone lines into three digital channels, allowing telephone customers to plug terminals directly into their wall sockets, without benefit of modem, and to program their phones like computers. Networking firms, such as 3Com, Sytek, Ungermann- Bass and Network Systems Corp., are stringing up mile after mile of high- speed coaxial and optical fiber cables and offering communications rates in excess of 275 million bits of information a second...
...chief competitor, General Dynamics, have long experience in producing rockets for the Air Force and NASA and, with the unexpected new demand for such launchers, would like to reverse their role. They would rent Government launching facilities and use their own rockets to orbit commercial satellites. The potential benefit: providing competition that would force lower launch prices and, in turn, lure more private business...
...Soviet Union's most popular bands belted out their hottest numbers. Tickets for the three-hour event, styled after Western charity extravaganzas, raised about $150,000 for victims of the devastating accident that destroyed a reactor at the Chernobyl nuclear plant on April 26. Money from the benefit, known as Account No. 904, after the special Soviet fund that received the donations, will help provide clothing, household goods and temporary shelter for the 92,000 people evacuated from Ukrainian towns near the dangerously radioactive plant. Last week's event featured laser beams, smoke machines, a henna-haired singer named Alla...
...wake of the accident: "The nightingale concert over Pripyat goes on both night and day." Yet, in a demonstration of disdain for Western-style rock, Soviet officials did not publicly announce last week's concert for the evacuated residents of the Chernobyl area. Muscovites learned of the benefit by word of mouth or from a smattering of street posters...