Word: paycheck
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Dates: during 1980-1989
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...American vice consul popped down from Shanghai and ordered Zhao to keep at it. So each workday since-through Communist takeover and every twist of revolutionary rancor-Zhao Wenjin has puttered about the compound, now an oceanographic institute, and every month he has collected, via the British, his $61 paycheck. Just after Zhao was rediscovered by his absentee bosses, he had a question. "When you see the Americans in Peking," Zhao said, "ask them if it's possible, since I've been working here so long, if my salary couldn't be increased." Says a State Department...
...abandon his football career. According to Szaro, it was a gradual weariness of his football life and a desire to try something else. "Even football becomes boring after a while, very stagnant and routine," he says. "We looked at it as any 9 to 5 job, for the paycheck it brought. I'm glad that I got out early enough to begin something...
...unnecessary war than Carter, and that Carter was much more sensitive to the poor and the elderly. Still, the right prevailed. The New Deal was out of steam; in the long run it ensured its own obsolescence by giving the workingman the wherewithal to turn Republican. Even so, his paycheck was inadequate. Everything seemed inadequate. The country had to move on, but it was not moving anywhere. Enter Reagan (with jubilation and a mandate...
While 1980 ends in uncertainty and confusion, the new year will start with an unpleasant certitude: higher taxes. Social Security taxes will rise sharply in 1981. The rate paid by both employers and employees will increase as of the first paycheck in the new year from 6. 13% to 6.65%. At the same time, the income cut-off for Social Security taxes will increase from $25,900 to $29,700 in 1981. This means that the maximum Social Security tax for individuals will jump from $1,587.67 to $1,975.05. This will increase the total tax load on Americans next...
...retailing to the less affluent is now harder. The ongoing ravages of inflation have cut off 4.2% from the purchasing power of the average paycheck in the past year. Says Chicago's Leo Shapiro, a consumer research expert: "There is real resistance to spending out there. People are entering the Christmas season deter mined to spend less than they did last year. They have more expenses, less cash; and they are resolved to keep more in their pockets...