Word: brackets
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Dates: during 1980-1989
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...Beach, Calif. More than 10,000 people have put down as much as $2,000 for options to buy the car, and De Lorean is confident that the high sticker price will not scare away customers. Says he: "Our buyer is someone in the $70,000-a-year income bracket or over, and he is pretty much unaffected by minor economic travails...
...maximum tax rate on investment income to the same 50% that applies to salary income. Several bills now in Congress recommend a so-called two-stack approach to the taxation of earned and unearned income: tax each at the prevailing rates for earned income, up to a top bracket of 50%. The net effect would be to lower the tax on investment income sharply, but at a cost to the Treasury of $17 billion...
...past decade the number of dentists climbed 31%, while the country's population rose by less than 10%. Especially hard-hit demographically are the orthodontists. The prime candidates for high-priced teeth straightening are children between 7 and 19. The number of youngsters in this age bracket fell by 4 million. Dentists are quick to point out that fees have barely kept pace with inflation, but the stalled economy has kept people away from the chair...
...work. When he got out of the Army, Reagan was dunned by the Internal Revenue Service for back taxes on his prewar movie salary; and though he never became a top star, by the late 1940s he was making enough money to find himself in the 91% income tax bracket...
Besides the "A" doubles, the only final round reached by Crimson players was the "C" bracket duos, in which Princeton's Flip Ruben and Steve Feinberg whipped Beren and Harvard Freshman Rob Wheeler...