Word: pay
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Dates: during 1980-1989
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...shows, has made a series of ill-advised acquisitions; its stock price has slipped from a 1987 high of $47 a share to less than $4; and it faces a class-action stockholder lawsuit. Last week came more bad news. A jury in Pinellas County ordered HSN to pay GTE $100 million in libel damages. That is the largest libel award in history...
...pool. High-powered fans underwater create gently rolling waves, which may not suffice to soothe the bathers as they watch, typically, Jaws, Creature from the Black Lagoon (this in 3-D) or Twenty Thousand Leagues Under the Sea. Movies are free after patrons pay a $14.95 general-admission fee, $9.50 after 5 p.m. "This is the prototypical Southern California experience," says park spokesman Stan Friedman. "It combines the beach, swimming and Hollywood all in one place...
...education in a state that, by nearly every measure of academic performance, ranked near the bottom. Within a year of his election, Clinton rammed through a package of reforms that lengthened the school day and required the state's 24,000 teachers to take a controversial competency exam. To pay for the improvements, lawmakers raised the sales tax from 3 cents on the dollar to 4 cents...
...next wave of educational improvements will probably originate not in state capitals but in individual districts. Already, schools in Dade County, Rochester and Toledo have taken the initiative to raise pay, restructure curriculums and monitor results. "In the first phase of reform, it was state executives who led the way," says former Tennessee Governor Lamar Alexander. "In the 1990s, reform will be led by parents and taxpayers." That is, if they care enough to pay the price...
...Congress meet its targets for reducing the federal budget deficit, at least in the short term -- the only term that seems to matter in Washington. During the first few years of a lower tax, investors would rush to realize the appreciation on their stocks and other assets and thus pay taxes on them earlier than planned. Once this spurt of early tax collections was exhausted, however, a lower capital-gains rate would produce much lower revenues...