Word: creep
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...proposal as inflationary, a feeling that is strengthened by the year's strong first quarter. But the board still agreed that some tax cuts are necessary. Harvard's Feldstein pointed out that the Administration's proposed cuts would do little more than offset "bracket creep," which has pushed people into higher tax categories even though their real incomes after inflation have not risen. Feldstein predicted that there is likely to be pressure for "real tax cuts" later on, after Americans realize that they are no further ahead in buying power...
...Continental, or the leather-skinned cowboy touting the manly virtues of Marlboro Country. Yet these tactics are by no means confined to the world of Madison Avenue: they are used to sell daily newspapers and cheap novels, pornographic magazines and T.V. shows. The values of the advertising world steadily creep through the media it supports...
Social Security taxes have already risen 34% since 1979 and will increase 49% more in the next three years. Meanwhile, taxpayers are being hurt by so-called bracket creep, which keeps pushing them into higher tax categories as their inflation-bloated paychecks increase. Without a reduction in those rates, millions may soon find themselves paying the top 50% rate, which was originally intended for only the nation's wealthiest taxpayers. Congressional leaders and the Administration need to find a plan that will both lessen the tax burden and improve the climate for savings in the U.S. - By Christopher Byron...
...yards from NASA's press center. Cate, who has covered ten Gemini and two Apollo space missions, was not surprised by the postponement of the shuttle liftoff. Says he: "NASA has hardly ever had an on-time launch of a new spacecraft. A glitch was sure to creep into the countdown...
...most serious problems are on branch lines, which are often unprofitable. In many areas of Kansas and Illinois, grain shipments creep along on trains that can safely travel only at 10 m.p.h. Overall, an estimated 30% of total U.S. track mileage needs major repair...