Word: sky-high
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...sales tax because they thought it would hurt their business. But now, Lebor told the committee, which is considering the pending tax bill (TIME, June 25), retailers want Congress to pass a retail sales tax. They think it would hurt them-and the rest of business-less than the sky-high corporate and individual rates in the pending bill. The new rates proposed under the House bill, said Lebor, would raise corporate taxes 30% above the high levels of World...
...teed off early, wound up by giving the others something to shoot at: a spectacular 67, the first par-busting score of the tournament. Under the pressure of Hogan's blazing finish, Locke misfired to take a 73, finished third (behind Clayton Heafner); Demaret blew himself to a sky-high 78, finished in a tie for 14th...
Coming as they did, the new cutbacks may not hit industry too hard. With inventories piled sky-high and sales lagging in many industries, plenty of manufacturers may welcome an excuse to slow down production. But if another wave of scare buying starts when the top-heavy stocks are trimmed later in the year, the new cutbacks may hit consumers and businessmen hard...
...scored"), followed with a 72 on the next 18. When it came to the payoff final round, Hogan was one stroke off the pace set by Sam Snead, 1949 winner, and Skee Reigel, 1947 Amateur champion. The pressure was too much for Snead. He blew to a sky-high 80 (taking an eight on the par-four eleventh hole...
...nylon, the revolution is still going on. Once Du Pont made most of its nylon components out of coal. But when coal (like wool) went soaring sky-high in price, Du Pont built a huge plant on Texas' Sabine River, started making the raw materials from natural gas four years ago. This week Du Pont is opening a similar plant at Victoria, Texas...