Word: riche
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Dates: during 1980-1989
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...marginal tax rate rises to 33% for people earning roughly $50,000 to $200,000, then falls back down to 28%. It's hard to argue that this is fair, though I've loved every minute of it. If the top marginal rate stuck at 33% -- for the rich and not just the upper middle class -- it would raise billions that could be used to lower other taxes...
...enough to remain competitive. Restoring the Individual Retirement Account incentive, as House Democrats proposed, would nudge the average family to spend a little less and save a little more -- just what the doctor ordered. More saving and less borrowing would also tend to lower interest rates, which would benefit rich and poor alike...
They have known almost nothing but war. For a generation men have fought over the fabled ruins of Angkor Wat, the colonial palaces of Phnom Penh, and the rich rice paddies along the Mekong River, leaving more than a million Cambodians dead and their land in ruins. But at long last the shell-shocked country had something to cheer. Cambodians crowded the streets last week to hail the withdrawal of the last of the 200,000 Vietnamese troops who had occupied their country for nearly eleven years. Across the eastern border in Viet Nam, there was also celebration. Senior officials...
...local and provincial militias, perhaps 150,000 in all, which Hun Sen hopes will do better at defending their homes. As yet, both the army and the rural militias are largely untested. But last week the regulars were still resisting a Khmer Rouge offensive on Pailin, a ruby-rich district near the Thai border that is critical to the rebels' infiltration route...
...owner of Columbia, Sony will control a rich library of 2,700 films, including such Best Picture Academy Award winners as On the Waterfront (1954), Bridge on the River Kwai (1957), Lawrence of Arabia (1962) and Gandhi (1983). The company hopes to use that collection to boost sales of its new 8-mm videocassette equipment...