Word: paye
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...deduction only to 12%, or $1,400. As for taxpayers near the poverty line, Kennedy proposed to give them tax relief of only $920 million instead of the proposed $2.7 billion a year by limiting "lowincome allowances" in the House bill. Some 5,000,000 poor people who now pay taxes would still be excused from paying anything, Kennedy reckoned. Despite his proposal to cut the basic corporate income tax, Kennedy would keep most of the House bill's provisions that raise business taxes. The biggest such provision is the proposed elimination of the investment tax credit that...
...needed money, Waller would give it to him, even if he didn't have collateral," says Mayor W. T. (for William Thomas) Bruton. "A man's word was good enough." The debtors still owe the F.D.I.C. but if they cannot pay, Washington will have to absorb the loss. "The bank understood the people," mourns Mayor Bruton, summing up what seems to be the prevailing philosophy of his town. "The inspectors just didn't understand the bank...
...further price cuts in order to hang on to its traditional 40% share of the shrinking world market for wheat. If so, the chief losers will be U.S. taxpayers because more farmers will elect to unload their crop at the domestic subsidized price and the Government will have to pay the cost of storage until the wheat can be sold. The problem is likely to prove persistent. U.S. farm experts figure that the world supply of wheat has grown so large that even a serious drought in one or two countries would not wipe out the global surplus...
...wage-and-benefit gains in union contracts covering 5,000 or more workers, and these contracts affect only 10% of the U.S. Labor force. Fuller wage data is compiled only yearly, if that often, and it does not cover fringe benefits. No figures at all are collected on the pay of state or local government employees, although they make up a growing segment of the work force, and have won especially fat gains this year...
...that upset the government's economic plans during the student riots of 1968. In fact, the burden assigned to ordinary Frenchmen was relatively light and aimed primarily at restricting credit. Car buyers will have to put down 50% of the purchase price instead of the present 30% and pay off the remainder in 18 months instead of 21. For house hold appliances and furniture, the down payment will be 40%-up from 30%-and the term will be shortened from 18 months to 15. To encourage consumers to divert their money into savings accounts, interest rates will be raised...