Word: premiums
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...favor of joining the Common Market. Big companies like British Leyland Motors and Imperial Chemical Industries Ltd. are already firmly implanted on the Continent. Even without the tariff advantages of the Common Market, some British firms have been doing very well indeed. West Germans pay a duty premium to buy Perkins industrial machinery; Schweppes is popular in the French soft-drink market...
...nore everything else," says Jeffrey Beckwith, 26, an intern at Bronson Meth odist Hospital in Kalamazoo, Mich. "I want to get it all together." Harvard Medical School Junior Jerry Avorn, 23, rejects what he calls the "academic and elitist approach" of medical researchers because it places no premium on the delivery of health care...
Eventually, this Underemployed Housing decays to the point where it is economically sound to tear down much of it and replace it with New Enterprise. But this first step toward economic renewal--which is accompanied by the building of New Premium and Worker Housing to accommodate the newly employed managers and workers--contains the seeds of its own destruction. When the economic revival grows to the point where further substitution of New Enterprise for Underemployed Housing and Declining Industry is not economically justifiable, the deadly flow of Premium and Worker Housing to the Underemployed category resumes. Eventually, after the cycle...
Implementation of his program begins with tax incentives for owners of buildings to rebuild or renovate. This has the effect of withholding housing from the Underemployed Housing market, because Premium and Worker Housing deteriorate less slowly, while simultaneously prolonging the life-span of New Enterprise--which increases upward job mobility for all classes. Forrester states that the goal of this policy should be to remove 5 per cent of the Underemployed Housing per year while using the land cleared in this manner to build new industries. The new industries would raise the income levels of Underemployed neighborhoods, which would permit...
...House, including more tax relief for low-income families. He also accepted a House measure raising the standard rate of proposed investment tax credit from 5% to 7%. In order to give the economy a greater initial spurt, however, he asked the Senate to restore a House-cut premium rate of 10% for capital goods bought during the first year covered by the bill...