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Word: musts (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Usage:

...same train or plane, and often stay in different hotels. They also divvy up business responsibilities: Steinhardt handles travel, Dalley is in charge of money, Soyer manages overseas tours, and Tree is the program chairman. "We're just like a corporation," says Steinhardt. "We work together, but must we play together?" When they try, it can cause trouble. Last year Steinhardt broke his own self-imposed rule by challenging Tree on the tennis court and fractured his wrist...

Author: /time Magazine | Title: Chamber Music: Heir to the Budapest | 4/4/1969 | See Source »

...rates distort decisions about how to invest, how to organize a company, how to reward employees. Companies in need of capital get a richer federal tax break when they issue bonds instead of stocks; they can deduct the interest on bonds from their taxable income, but dividends on stocks must be paid out of after-tax profits. This fact has stimulated the growth of conglomerate mergers, which the Government is now vigorously attacking (see following story). It is fairly cheap and easy for one company to finance the takeover of another by issuing interest-bearing securities of dubious value...

Author: /time Magazine | Title: Business: WHY TAX REFORM IS SO URGENT AND SO UNLIKELY | 4/4/1969 | See Source »

...billion a year, constitute the biggest loophole. Profits from stocks, bonds or other investments held for more than six months are taxed at only one-half the rate on ordinary income, and no more than 27½% in any case. Defenders of capital gains have a compelling argument: people must be encouraged to take risks with capital if a private economy is to thrive. On the other hand, many experts agree with Economist Joseph Pechman of the Brookings Institution, who holds that the present ceiling is too low. To discourage speculation in securities, the holding period might be extended from...

Author: /time Magazine | Title: Business: WHY TAX REFORM IS SO URGENT AND SO UNLIKELY | 4/4/1969 | See Source »

...eventual psychological deterioration of space explorers and the sunset of the world. Screenwriter Howard B. Kreitsek substitutes a few ringers of his own ("There is a point at which fantasy becomes dangerously close to reality," Robert Drivas intones portentously). But responsibility for the failure of The Illustrated Man must rest with Director Jack Smight. He has committed every possible error of style and taste, including the inexcusable fault of letting Steiger chew up every piece of scenery in sight. Exhuming his Oscar-winning sorghum accent from In the Heat of the Night, he gets more syllables out of a conjunction...

Author: /time Magazine | Title: New Movies: Walking Nightmare | 4/4/1969 | See Source »

Ploy No. 1: "I can't respect you any more." The opening gambit for all student movements, says Feuer, is "the moral de-authorization of the older generation." Like a replay of Death of a Salesman, a million sons must unmask the hypocrisy of a million fathers. Feuer writes of three generations of 19th century Russian students: "Each generation refused to be morally castrated as its fathers had been...

Author: /time Magazine | Title: Books: Fathers and Sons | 4/4/1969 | See Source »

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