Word: minimum
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Dates: during 1970-1979
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...business by the new, deeply discounted fares. The charter flights (and later the Laker flights) are what forced the reductions. The CAB has refused to protect the public by insisting that all Super Saver-type fares must exist for a specified lifetime (such as a five-year minimum). Once the charters are gone, you will see the discounts disappear quickly, and the airlines will have the public right where they want it paying high fares without the option of the less expensive charter flights...
...says adding that he has spent most of his time weighing the appointment of the committee chairmen. The size of the committees is another point yet to be decided: "They have very large consitiuencies, so they obviously can't be too small." Rosovsky estimated that he will appoint a minimum of five members to each subcomittee, not including the chairman and non-voting student membe5rs who will sit on each...
...more than $50,000 a year would have received a smaller reduction; those making less than $15,000 would have got a bigger break. The taxpayers in between would have fared about the same. The Administration bill also accepted the capital gains tax reduction but offered a complicated graduated minimum tax instead of the flat 10% minimum rate in the committee bill. Of all the reforms proposed by Carter, the only significant one to survive in the House was the elimination of deductions for state and local gasoline taxes from federal income taxes...
...becoming more like a Latin American, who spends out of fear that he had better buy it now or it will only cost more tomorrow. Says Marvin Brenner, owner of the Casual Village women's clothing chain in New Orleans: "People know that there will be another minimum wage hike in January, and it will cause wages to go up all along the line. The minimum wage very quickly affects clothing prices, so people are buying in large part as a hedge against inflation...
School officials regard Impact Aid as manna. They can spend it on anything they want?books, teachers' pay, a new swimming pool?with a minimum of red tape and no federal inspections. The San Diego school district administers its $11.7 million in Impact Aid with one accountant and one clerk. Says Dave Fish, who supervises the funds in San Diego: "Out here people are worried about the property tax. If we didn't get this aid, we would have had to increase local taxes. And why shouldn't the Federal Government pay its rent...