Word: generously
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Dates: during 1970-1979
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...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...
...program makes some bows to liberal ideology. It gives the most generous income tax reductions to people with taxable incomes of less than $15,000 a year, on the theory that they need help most and will spend every cent that Uncle Sam lets go of, rather than put their tax savings in the bank. Carter also proposes a modest innovation: $400 million this year to companies that hire hard-to-employ workers (details to come in March). The reasoning is that an expanding economy does not automatically reduce unemployment among the groups most plagued by joblessness; employers who need...
...diplomats may shudder, Carter is pretty talented at getting out of his remarks. Sometimes this amounts to repudiating a position, but Carter seems more bent on showing that at least he hadn't meant to deceive anyone. His soft-voiced answers at press conferences (with which he is generous) or in friendly televised White House "conversations" turn away wrath. Gerald Ford achieved the same effect. Such an improvement in Government and press manners is welcome, but there have been times when a little asperity on either side did a better job of illuminating an issue...
...collection has never been shown publicly. Royal Heritage, which starts this week on PBS, was prepared by the BBC as its contribution to Queen Elizabeth's Silver Jubilee last year. The Queen and several members of her family were persuaded to appear on camera and narrate generous portions of the series, with Sir Huw Wheldon, the former director of BBC television, doing the rest. Michael Gill, who produced such outstanding series as Civilisation and America, was in overall charge of the project...
Author Elizabeth Bowen was born in 1899 and died in 1973. The generous expanse of her life was even greater than the raw dates suggest. Her earliest years were spent in a social system that was virtually indistinguishable from feudalism. She was raised at Bowen's Court, the family home in County Cork, Ireland, on land that had been in Bowen possession since 1653. She spent her last years teaching in American colleges, living in rooms or rented apartments and listening to students worrying about the war in Viet Nam. At the end, her life had been touched directly...