Word: bracketed
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...subject is ambitious: the U.S. It is handled in terms of some 20 characters who bracket among them the main classes, forces and stresses in the life of an average U.S. city. These characters are observed in three phases of civic optimism (July 4, 1907, 1917, 1929), and in three phases of panic (1907, the immediate postwar...
Senior Don Elbel shot his way into the finals of the University golf tournament last week by scoring a 5-4 win over Charley Mulcahy. Ted Tuckerman, Bill Allis, and Don Peddie are fighting it out for the bottom bracket...
...taxes than this year's estimated revenue of $9,000,000,000. Income taxes were to be made sharply higher (see Table) through the imposition of a new surtax which starts at 11% and mounts with each $2,000 income increase to 75% (as at present) on highest-bracket incomes. To this surtax was to be added a special defense supertax. Result: 4% normal tax plus surtax plus supertax. Heaviest increases would hang on incomes from...
...hardest by consumption tax es) and a lower percentage than the rich (who have real trouble with surtaxes). The Treasury proposed to end this free tax ride abruptly by imposing an 11% surtax on top of the present 4.4% income and defense tax in the very lowest taxable bracket. Higher incomes also face stiff increases, but none so great proportionately. In addition, the Treasury proposed to syphon off still more purchasing power through a long list of excise taxes on consumption (Congress, eager to lower the more obvious direct tax burdens, suggested adding still more consumption taxes...
...very least, said Washington observers, the 4% normal income tax would be upped to 6%-some even said 8%; surtax bases would be lowered from $5,000 to $4,000; middle-bracket surtax rates would be raised; personal exemptions might be lowered again; corporation taxes would be increased from 24 to 30%; excess-profits taxes tightened; nuisance taxes might be raised on liquor, tobacco, theatres, cabarets, gasoline, automobiles, radios...