Word: dropped
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Dates: during 1970-1979
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Nevertheless, low-rent water babies need not despair. A drop to popular prices is likely if California hot tubs find a mass market. That's what happened with calculators and waterbeds, both expensive innovations which now sell for a fraction of their original price. Such exotic headaches as cleaning redwood slime out of the water pump and dealing with houseguests who refuse to leave the tub may become staples of cocktail party conversation, if hot tubs can be successfully exported to colder climes than California...
...cuts of $25 billion?$17 billion net for individual taxpayers through rate cuts, $6 billion net for business in the form of more generous investment tax credits and a drop in the tax rate on most corporate profits from the present 48% to 45% late this year, 44% in 1980. Another $2 billion would be provided by repeal of the federal tax on telephone calls and a cut in unemployment-insurance taxes levied on companies. The overall aim: to offset the bite of higher Social Security and energy taxes, which the President conceded would otherwise drag the economy down...
...already: the drop in auto sales since mid-November. That could signal a buyer rebellion against the prices that Detroit is charging for many 1978 models that are smaller?though more fuel-efficient?than those of earlier years...
...with no stock exchange listing of its own. Although shares of other moviemakers such as Columbia and 20th Century-Fox have been shooting up on the strength of box-office hits, Transamerica's stock has hung listlessly in the $13-$16 range. The U.A. executives saw the shares drop from a high of 40% in 1968, and Pleskow could not offer his subordinates contracts, bonuses or stock options. Consequently, he said, "as our success story grew, our top men became targets for other companies...
...slush and water should freeze tonight as temperatures drop into the mid 20s, a National Weather Service statement said...