Word: share
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Dates: during 1970-1979
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...Hamilton Jordan's corner office in the White House, the mood was equally jubilant. As soon as they learned the outcome on TV, Jordan, National Security Adviser Zbigniew Brzezinski and Defense Secretary Harold Brown went to President Carter's private study to share the good news. Later, Treaty Co-Negotiator Sol Linowitz arrived. Carter, who had been watching his own TV, was beaming more broadly than anyone could remember for a long time. The President got on the phone to praise his often criticized Capitol Hill man, Frank Moore, who was proclaimed the "real hero of this thing...
...increase was needed to rescue the Social Security system, which was rapidly going bankrupt. But the boost outraged many Americans, especially those who pay the maximum levy for Social Security ($1,071 this year) and resent the fact that they are paying an increasingly large share of the nation's taxes. According to the Treasury Department, the most affluent households-those with annual earnings of $17,000 or more-received half of the nation's personal income in 1976 but paid 70% of all federal, state and local taxes, up from 68% in 1970. Next year the maximum...
...instance, most Government workers do not participate in the Social Security system; nor are taxes for it levied on income from investments. Whatever approach is finally adopted, change seems inevitable. Even House Ways and Means Chairman Al Ullman, a supporter of the Social Security tax hike, concedes that a share of the increase scheduled to begin next year is as good as dead...
...ballots, and Mitterrand had repeatedly proclaimed that his party would garner at least 7 million votes. Instead, his candidates captured only 22.6%, and the party fell a half-million votes short of its goal. The Communists fared no better than they had in past elections. Their share...
...case, G.M. is putting its money where Murphy's math is. It will spend more than $4 billion this year, increasing to $5 billion in 1980, to expand and modernize. Murphy aims to increase G.M.'s already large share of auto markets abroad-notably in Latin America, Africa and Asia. But G.M. will invest 85% of its capital budget in the U.S., a slightly higher proportion than in past years. By next year's end it will add 30,000 jobs to its domestic employment rolls, which is particularly pleasing to the chairman, who was unemployed...