Word: saversion
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Larry's Ices. Larry's, another chain, sold Italian ices with the same flavors as a tropical fruit pack of Life Savers. Larry (and his franchisers) made a mean ice, but they were a little expensive to make a habit of.
Some of the added breaks went to ordinary taxpayers: a reduction of the "marriage penalty" for working couples, for example, and benefits for Americans living abroad. Many more went to corporations and the wealthy. Samples: a near elimination of estate and gift taxes; so-called All Savers Certificates paying tax...
The thrifts have not been helped much either by the new All Savers Certificates created by Congress last summer. The new savings instruments, which the industry had lobbied to have included in the Reagan Administration's tax-cut package, were supposed to lure money to the S and Ls...
Sales of the certificates started out well last October, when the return was a strong 12.6%, or the taxable equivalent of about 20% interest. But their appeal has waned in recent months as interest rates eased. The yield last week was as low as 8.3%, and deposits in All Savers...
For economists and financiers, corporate chiefs and small businessmen, high-rolling investors and penny-watching savers, 1981 has been a year of turbulence and profound change. A new Administration pushed through Congress a radical policy that abruptly discarded doctrines that have dominated economic thinking since the Great Depression of the...