Word: brackets
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Dates: during 1960-1969
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Minnesota Democrat Eu gene McCarthy tossed in a "working girls" amendment that would have permitted unmarried taxpayers over 35 to automatically qualify as a "head of household," thus putting them in a tax bracket about midway between that of a single person and a married couple filing jointly. Louisiana Democrat Russell Long, floor manager for the tax bill, poked fun at the plan, claimed somewhat irrelevantly that it would help couples who live in sin. "In my state," he drawled, "that kind of relationship is recognized as a situation in which two people have 'took up.' The amendment...
...Starts. As passed by the Senate, the bill would lower the income tax rates for individuals from the present range of 20%-91% to a new range of 16%-77% this year and 14%-70% in 1965. The lowest income bracket, now up to $2,000 for single persons, would be broken into four new brackets at 14% for the first $500, 15% up to $1,000, 16% up to $1,500 and 17% up to $2,000 (the income brackets for married persons are double those for single persons). The payroll withholding rate would drop from the present...
Leveling on Ford. After shaping up G.M., Sloan in the mid-'20s leveled his sights on his bitter and then bigger rival, Ford. Old Henry Ford's policy was to stick with one model, in one color, in one price bracket-forever, if possible. Sloan countered with a strategy of change and diversity that aimed at the auto buyers' varying tastes and pocketbooks and their desire for change. He broadened G.M.'s line by creating the medium-priced Pontiac and by extending Chevrolet further into the low-priced field. He then inaugurated the most unbeatable auto...
...surprise was the importance of the age at which a smoker picks up the habit. In the 40-69 age bracket, the death rate of men who started smoking after 25 was 1.42 times that of nonsmokers; among those who had begun as striplings under 15, it was 2.29 times as high. The higher death rate can be traced, said Dr. Hammond, to three underlying factors: 1) precocious smokers tend to inhale more deeply, 2) they smoke more cigarettes a day, and 3) by the time they reach middle age, they have been smoking for many more years...
These two views bracket an important part of the Saigon story-and indicate its emotional flavor...