Word: hiring
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Dates: during 1970-1979
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...investment tax credit or a credit equal to 4% of Social Security taxes. Al Ullman, chairman of the House Ways and Means Committee, prefers a tax credit equal to 25% of the wages of new employees, up to $4,200 per worker. Presumably this would induce businesses to hire more people, but it would not encourage capital spending, which continues to lag. "We're all in favor of getting unemployment down," says Beryl Spnnkel, executive vice president of Harris Trust & Savings Bank in Chicago and a member of the TIME Board of Economists. "But the question...
...Businessmen who want to hire more workers could reduce their corporate income tax by an amount equal to 4% of the Social Security payroll taxes they pay, and continue to use the 10% investment tax credit. Companies wanting to spend heavily for new plant and equipment could take a 12% investment tax credit, but would have to forgo the Social Security credit...
...travel agent for the Inaugural odyssey was Maxine Reese, who, while managing the Carter campaign headquarters in the Plains rail depot last June, had started arranging the bash. "Jimmy told me he was going to win, so I figured we had to hire a train to take Plains to Washington," said Maxine. Now she had the train-and an $85,000 bill from Amtrak. As she settled into her seat, the ample Maxine also had a bottle of Taittinger champagne, a "pair of thermal underwear that would stretch around a live oak tree," and a new lowcut, black Inaugural dress...
First Union. The climate at the Village Voice last week appeared somewhere between troubled New York and the optimistic Post. Despite his announcement that all of Felker's managing editors would be left in control of their periodicals, Murdoch tried to hire a new editor to oversee Voice Managing Editor Marianne Partridge. His choice: Michael Kramer, a New York alumnus and editor and publisher of the journalism review More. Partridge vehemently resisted, and so did the staff, and Kramer backed off. For the future, the highly individualistic staffers took a more concrete step: 120 out of 150 joined...
...appears that the government has heeded complaints of corporations that insist they just can't find qualified minorities to hire," Laura Liffsey '78 of the TFAA said last night...