Word: profitable
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Dates: during 1970-1979
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...wrote the story in New York. Magnuson has bought half a dozen houses in eight years, all of them among the granite and evergreen hills of New Hampshire. Each time, his wife Mae and a skilled craftsman have fixed up the homestead, to see it sold at a profit. Currently, the Magnusons reside in the town of New London, N.H., in a four-bedroom house for which they paid $59,000 last autumn. The taxes are under $800. Muses Magnuson: "Considering that New Hampshire has no sales tax or state income tax, I guess that...
...that year, during which he and his sister kept $100 per month for themselves ("Why take more?" Han asks. "Our apartment costs only $85 a month"), he had made a $10,000 profit. Next week he will rebate all of it to his 2,000 regular customers, of whose spending he kept account, at a rate of 30%. One customer, who spent $1,000 at WE, will thus receive $300 in cash; the city of Pontiac, which had him cater two parties, will...
...that he has conquered his culinary challenges-the hardest of which, he says, was making hamburgers and french fries-Han hopes to institutionalize even higher rebates in the future with a profit-sharing plan...
...billion, much of it for price-propping mechanisms and subsidies. Carter's budget for next year now proposes to cut the amount to $4.2 billion. Farmers complain that they need all the federal largesse they can get because rising costs are making it hard for them to turn a profit. In that sense, they are suffering in the same way as other Americans, who also must figure out how to make ends meet as inflation devours their purchasing power. In fact, the prices received by farmers are up 11% from last year's low levels...
These entrepreneurs are already supported by an amendment to last year's farm bill, which was designed to raise U.S. prices of sugar to 13.5¢ per Ib. But that has not been enough for the growers, who contend that they cannot make a profit at that price. So last week the House wound up subcommittee public hearings on a bill that would use import quotas and fees to set a floor price for sugar of 17¢ per Ib. The same bill has been put forward in the Senate by Idaho Democrat Frank Church, and it has 34 cosponsors...