Word: drawbacks
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Dates: during 1950-1959
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Among the oldest gimmicks for extra compensation are incentive bonuses. Many General Motors executives, for example, get their incomes doubled with liberal bonuses. But the major drawback to bonuses is that they are taxed as straight income (one top executive, who got a $25,000 bonus, paid $18,000 in taxes, used the rest to pay back what he had borrowed to pay the previous year's taxes...
...liberal arts. The six courses required for concentration can be scattered in many fields, while only three half-courses must be in one specific area. Next year, the department plans to increase this flexibility, and also to cut down overlapping in courses, which has been the field's big drawback...
...talk to total strangers as if they were old friends. But the Eisenhower campaign of 1952 demonstrated that Mamie also has a tremendous ability to rise to occasions and an almost startling gift for communicating her charm to the public. Some dubious Ike supporters thought. Mamie might be a drawback to the general-but Mamie turned out to be one of the greatest assets of Ike's campaign...
Onassis plans to move a staff of ioc into Monaco's Old Sporting Club building when it is remodeled next summer. He sees only one drawback to linking up with the Monte Carlo Casino, whose operations he will merely supervise from a distance. Says he: "We like to have good businessmen on our board. They don't want to be associated with a dying gambling joint." Most of Onassis' ships are now registered in Panama. Though he insists that he has no plans to switch them to the Monegasque flag, he admits that some...
...drawer files and dusted off some old ideas, to start a new trend in naval aircraft. Today's high speeds, said the Secretary, mean that planes must be stronger than ever to stand the strain. The size and weight of a seaplane hull is hardly more of a drawback than the bulky landing gear of a big bomber. Jet engines have cut down the need to raise old-fashioned seaplane propellers high out of the spray. And the hydro-ski, a beefed-up version of the sportsman's waterski, has given the seaplane the biggest boost...