Word: paychecks
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...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...
...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...
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...