Word: brackets
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Dates: during 1950-1959
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After five weeks on the throne, King Gustaf VI of Sweden asked his parliament for a raise of $38,000 to bring his annual allowance up to $231,000, a middle bracket in the modern monarchical wage scale...
...adrenal glands, channel his capacity for hero worship-and, at times, to threaten him subtly with the horrors of being a social outcast (see RADIO)-tied up whole brigades of high-powered executives and fortunes in speculative capital. Twenty-five million U.S. children in the most receptive age bracket (4 to 13) were tumbled ceaselessly in a sea of entertainment, while in the background bugles pealed, hoofbeats drummed, tires screeched, gunfire echoed and stentorian voices bawled the advantages of endless yummy products...
...million Russians-as against 40 million Americans-are under 15 years old, i.e., they will soon be able to bear arms or to work in factories and on farms. In the 15-to-25 age group, the Russian advantage is almost as great. But in the 24-55 age bracket, World War II losses have cut Russia down to equality with the U.S. Some observers believe that this temporary Russian disadvantage is a powerful factor in persuading the Kremlin to postpone war for five or ten years. Others doubt the conclusion since, in any case, the U.S.S.R. will have...
...traditional ten cent glass of beer in local places of relaxation may very well follow that of New York to a 15-cent bracket, according to local proprietors. At a "publicans guild" meeting in New York City on Tuesday the five cent price boost was voted almost unanimously...
Incomes. The bill wiped out almost all the tax reductions granted by Congress since the end of World War II. Its effect was to lift the present tax rate in the lowest bracket (single person, $800 a year) from 4.2% up to 5%; increase the present tax rate of 77% for the highest bracket to 88.4%, with graduated changes in between. Under the present law a man with a $3,000 net income before exemptions, and a wife and two children, pays about $100; under the new law he would pay $120-one-fifth more. The man with an income...