Word: brackets
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Dates: during 1960-1969
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...report on the Federal civil service, showing the situation as of June 1, 1960, gives the number of Nigerian and West African officers on the pensionable establishment (as opposed to those employed on short term contracts) as 16,304 against 765 Europeans. In the highest bracket of the service, however, 346 are Europeans and only 89 Nigerian, and in the next bracket down 228 are European against 476 Nigerian. The situation today has changed only slightly since June, but it is expected that perhaps a quarter of the expatriate officials will take advantage of the favorable retirement conditions soon after...
...Vice President of the U.S., however, is no longer in the lower-income bracket. He gets $35,000 a year salary, up to $10,000 in tax-free expenses and a Cadillac and chauffeur...
That charming lady who takes issue on Senator John F. Kennedy's age [May 9] probably belongs to my own age bracket, people of such vintage often being apt to look down on youngsters of 42 years of age as "not dry behind the ears...
...Taxes," as Inland Steel Vice President William Caples says, "are the main reason for the existence of stock options." For it is only with a stock option that a company executive in the 50% tax bracket can hope to keep more money than he pays the Government. Today, an estimated 60% of the companies listed on the New York Stock Exchange offer executive stock-option plans...