Word: paycheck
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Dates: during 1980-1989
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Many consumers say that they are resorting to tax cheating because the rates are too high and that steps like last year's tax cut have not reduced the staggering part of a paycheck that goes to the Government. The 1981 cuts immediately dropped the ceiling on dividend and interest income from 70% to 50%. The action was designed to stimulate needed investment, but so far has mainly helped taxpayers who pay the top rate. Many people below the highest brackets now unfavorably compare that break with the 5% reduction in individual income tax rates that they received last...
...evening outfits that could turn First Lady Nancy Reagan into a blue-jeans and turtleneck kind of girl, Bob Hope, 78, Bruce Jenner, 31, and former Football Great Merlin Olsen, 40, dragged out a parody version of Johnny Paycheck's Take This Job and Shove It. The trio were done up as the Mandrake Sisters (read Mandrel! Sisters) for Bob Hope's All-Star Comedy Look at the New Season-It's Still Free and Well Worth It, to be aired on NBC later this month. Though the three woeful crooners belted out the number...
...concentrated on teaching, writing and scholarship. But he was soon forced to take on summer school and evening courses to meet the $525 monthly rent on a two-bedroom apartment. That meant postponing work on books and articles that are crucial to his career. Even with an after-tax paycheck of about $1,300 a month, he could not make a competitive bid for a small house. "Unless something is done, the faculty at U.C.L.A. at the junior level is going to be all singles," says Weber. "What I see is a rotating pool of assistant professors...
...shuffle male executives from city to city are running into stiff resistance from the two-career family. Sometimes the wife of an employee being transferred is unwilling to give up her rewarding job. In other cases, the couple fears that it will be forced to scale back a two-paycheck life-style because the wife may be unable to find comparable work in the new city...
...between first-time Producer Jerry Sherlock, an ex-fabric broker from Seventh Avenue, Playwright Edward Albee and Star Donald Sutherland, who was making his first stage appearance in 17 years. Sherlock almost ran short on his $700,000 budget, and the day before the opening Sutherland found that his paycheck had bounced, an error that has since been rectified. Says Albee: "One thing about Sherlock, he may not know anything about producing for the theater, but he certainly knows how to cut corners...