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...single largest paycheck anomaly between the U.S. and other countries is in the salaries of television journalists. CBS's Dan Rather gets $800,000 a year, Tom Brokaw at NBC close to $1 million and Co-Worker Jessica Savitch $600,000. Their counterparts in West Germany earn no more than $45,000, or $38,000 in Britain. And that...

Author: /time Magazine | Title: Take-Home Pay | 6/28/1982 | See Source »

TIME's correspondents around the country found that the very issue of Social Security quickly touched personal sensitivities of all kinds. "When everybody's standard of living is shrinking," says Reporter-Researcher Denise Worrell, "how can you choose between your own paycheck and your grandfather's Social Security payment?" Says Washington Correspondent Jeanne Saddler, who interviewed top Administration officials, including Commissioner of Social Security John A. Svahn: "Most people have never understood how the system works. The dilemma the Government faces is finding a way to keep the commitments it has made to the people." Neil MacNeil...

Author: /time Magazine | Title: A Letter From The Publisher: May 24, 1982 | 5/24/1982 | See Source »

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...

Author: /time Magazine | Title: Playing Tax Games | 4/12/1982 | See Source »

...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...

Author: /time Magazine | Title: People: Sep. 14, 1981 | 9/14/1981 | See Source »

...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...

Author: /time Magazine | Title: Education: Pricing the Profs out of Eden | 9/7/1981 | See Source »

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