Word: grossness
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Dates: during 1980-1989
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...surcharge. Couples with adjusted gross incomes above $100,000, and single taxpayers earning more than $70,000, would figure their tax liability under Mondale's new rate schedule, then...
...Rate increases. Married couples with adjusted gross incomes of more than $60,000 a year ($45,000 for single taxpayers) would lose the reductions they got in July 1983, when the third stage of the Reagan tax cuts took effect. Adjusted gross essentially is salary, interest and dividend income plus some additions-a portion of capital gains, for example-and minus such things as alimony paid and contributions to an IRA. For a couple with two children, personal exemptions and average itemized deductions would shrink an adjusted gross of $60,000 to a taxable income of around...
Many disagreements remain. The Reagan Administration is especially concerned about Canadian defense expenditures. The country this year will spend $6.8 billion on arms, or 2.1% of its gross national product, well below the U.S. level of 6.8%. In the early 1970s, Trudeau froze the Canadian military budget and cut the armed forces serving with NATO in Western Europe from 10,000 to 5,000. Though the Prime Minister eventually increased defense outlays, the perception lingers in Washington that Ottawa is not paying its fair share. Mulroney has promised a 6% hike in. defense expenditures, but it is unlikely that...
Both nature and culture have long conspired to excite Quebec's yearning for autonomy. As Canada's largest province, with twice the area of Texas and a gross domestic product double that of New Zealand, Quebec is confident that its thick forests and clear mountain lakes afford it the resources to go it alone. As a pocket of Europe, American-style, graced with both fairy-tale cobbled streets and shiny futuristic shopping malls, the province seems already to belong to a different country from Newfoundland or the Yukon...
...Bonn official who watched the puzzling performance: "That was not the look of a man about to go West." A West German environmentalist who met with Honecker shortly after the decision to postpone the trip was made public said that the East German leader had complained about the "gross insults" he had received from Bonn. But Honecker also expressed his continuing determination to "limit the damage" from the arms race in Europe. Said a U.S. official: "He took it as far as he could, and then decided that this was not the time to press ahead...