Word: earned
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Dates: during 1960-1969
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...first three weeks, Cavett has deftly handled such disparate talents as Truman Capote, Joe Namath, Candice Bergen, Rex Reed, Gloria Steinem and Mort Sahl. Coming on like an urbane Henry Fonda, he asks a few questions, grins puckishly now and again, then sits back to let guests earn their...
...standard of living is still the highest ever achieved, the value of the nation's currency is dwindling alarmingly. It has gone down by almost two-thirds in the past 30 years. A 1958 dollar is worth only 790 today, which means that a man must earn 26% more after taxes to buy the same goods. This year the erosion in purchasing power has sharply accelerated. A dollar received as recently as January is worth only 960 now, and at the current rate of price increases will shrink to about 920 by Christmas...
...following figures represent the yearly gross income that a family of four must earn in each area to get by on a "moderate" standard of living. The Labor Department figures, the latest available, are for the spring of 1967-and since then, consumer prices have jumped almost...
...make barrels of it. Donaldson, Lufkin & Jenrette, a house that specializes in institutional orders, has consistently had a profit margin of 50% before taxes under this system. Individuals can make more money with less work on Wall Street than almost anywhere else in the economy. Some neophyte brokers earn commissions at a $50,000 annual rate within six months after graduating from a training course, and veterans fairly commonly make $100,000. Haack generally advocates a new commission schedule under which efficient firms would continue to make large profits but inefficient ones might make none. The theory sounds fine...
...depletion allowance. On Capitol Hill, the feeling is growing that the allowances, which cost the Government about $1 billion a year in lost taxes, are indefensible from the viewpoint of tax equity. Partly because of its tax privileges, the oil industry has fairly high profits. Oil companies earn an average of 11.2% on their invested capital, which is slightly above the norm for all U.S. industry; they also earn 10% on sales, which is about double the figure for other U.S. industry. Oilmen seem reconciled to seeing the allowance cut to 22½% or perhaps less, and the depreciation limited...