Word: maximum
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Dates: during 1970-1979
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...nerve in the Danes' severely aching economy. Already hurting from 10% inflation, Danes are afflicted with one of the world's highest individual income tax rates. On a graduated scale the tax bite ranges from a minimum of 44% on incomes up to $11,600 to a maximum of 63% on earnings over $21,000. To make matters worse, the government imposed a $1 billion sales tax increase last fall to help balance a $2.6 billion trade deficit and meet the welfare costs of 12% unemployment...
...higher interest on passbook savings, which can be withdrawn at any time. Regulation Q now sets a ceiling of 5% on them. If that is raised, the Federal Home Loan Bank Board also would have to permit savings and loans to pay more than their present 5½% maximum. Otherwise, savers would be tempted to pull out their money and invest it in Treasury bills and other paper that yield up to 6½%-a process that chokes off credit to the housing market...
...virtually given up racquetball, allowing his weight to slide up another 20 Ibs., to 220. To enhance his national image, he has hired Washington Political Consultants Douglas Bailey and John Deardourff, and his critics darkly hint that even the Thompson baby due this summer was programmed for maximum political effect. For the record, Thompson refuses to discuss the presidency. Almost. He says it would be "foolish" for him to rule...
This jungle Siberia is the maximum-security wing of a detention system that may give Laos the sad distinction of having more political prisoners per capita than any other country...
...selected firms?there are already 49 applicants ?will sell or lease the cars to the public at discount prices. Drivers will register their impressions with the dealers, who will service the cars and report to DOE. The cars will have to meet several specifications: 1) a maximum speed of 55 m.p.h.; 2) acceleration to 31 m.p.h. within twelve seconds; 3) a 31-mile range (125 miles for hybrids) on a single battery charge; 4) compliance with all federal safety standards for cars...