Word: stacks
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...characterize a Harvard student who practically subsidizes Baker Library with $200 library fines, but who has been hired by investment bankers at Morgan Stanley? Who tells dirty jokes, but makes her roommates say the punchlines? Who loves to take showers but has been known to stack 13 beer kegs in her bathtub? Photo sums it up: "I think I'm sorta normal...
...couple on a popular hiking trail on Kauai last March. Perhaps the most audacious crime of the past year occurred in early March, when a pair of armed teen-agers hijacked a busload of Japanese tourists at Honolulu airport and robbed them of $11,000 in cash and a stack of cameras and jewelry; two suspects were arrested the same...
...does the Crimson stack up against the national powerhouses? Well, let's just say the Crimson has the benefit of surprise on its side. Although the Crimson league record is unblemished, its one chance to prove its ability to compete with the best this year ended in disappointment...
...people with taxable incomes of $108,300 a year. House Ways and Means Committee Chairman Dan Rostenkowski of Illinois has proposed reducing the maximum tax rate on investment income to the same 50% that applies to salary income. Several bills now in Congress recommend a so-called two-stack approach to the taxation of earned and unearned income: tax each at the prevailing rates for earned income, up to a top bracket of 50%. The net effect would be to lower the tax on investment income sharply, but at a cost to the Treasury of $17 billion...
Treasury Under Secretary Norman Ture in an interview with TIME described a complicated alternative that the Administration might weigh if-but only if-it cannot get threeyear, across-the-board cuts in income tax rates. It is a "two-stack" plan that would involve taxing "earned" (wage and salary) income and "unearned" income (dividends, interest, rents) separately, at the same rates, with a 50% top on both. At present, unearned income is taxed at a maximum 70%, vs. earned income's 50% limit. Ture figures that the two-stack plan would promote the Administration's goal of spurring...