Word: cuttingly
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Dates: during 1970-1979
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Investors. To encourage risk-taking investment, taxpayers can exclude completely "from their taxable earnings 60%, instead of the current 50%, of the gains realized from the sale of capital assets; in no case will an investor have to pay more than 28% taxes on capital gains, a cut from the present maximum...
...gives some tax relief to the nation's inflation-besieged electorate, Carter, despite his disappointment over the lack of reform, was expected to sign the bill. This would be good news for the tired members of the 95th Congress; they would then be able to nail a tax cut to their election-campaign banners...
...than had been anticipated. Although one of the highest-ranking Soviets ever to defect, he had little knowledge of the inner workings of current Soviet policies or intelligence operations. His reputation at the U.N. for heavy drinking and a weakness for shapely women may have led the Kremlin to cut his access to sensitive information long ago. It is even possible that he decided to defect because he feared that he was about to be recalled to Moscow, where he no longer would be able to pursue the self-indulgent life to which he had become accustomed. Chavez...
...East Beirut was a smouldering ruin. In that battered section of the city, once home to 600,000 Maronite Christians, rescue workers picked through the rubble in search of the dead and dying. Glassy-eyed survivors crept cautiously out of basement shelters, scurrying back to safety when Syrian snipers cut loose with automatic weapons. A number of would-be refugees, seeking to join the exodus that has emptied East Beirut of more than two-thirds of its residents, were mowed down by Syrian machine guns as they tried to cross the bridges leading to Christian strongholds outside the city. Five...
Conrail has managed to consolidate the 285 labor contracts that it inherited into only 35, and it has gained union approval to cut the crew on a freight train from four to three. Says Charles Swin-burn, a Department of Transportation rail expert: "If you had taken the best railroad management in the country-the Southern Railway's, for instance-I don't know whether they would have done anything differently from the Conrail management...