Word: steeper
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Dates: during 1970-1979
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...only major industrial nation that taxes its citizens who work abroad. They also have to pay taxes to the host countries, and many of these have steeper rates than does the U.S. To alleviate this double burden, the U.S. tax code has long provided two moderate loopholes. First, overseas taxpayers could exempt up to $25,000 annually from U.S. taxes. Second, they could claim a credit for any foreign income taxes paid. The amendment would chop the exemption to no more than $15,000 a year and limit the credits for foreign taxes. It would also tax the excess...
...revive business confidence, spark more spending on plant and equipment and head off a slowdown in growth that many economists expect late in 1978. Meanwhile, inflation shows signs of moving up again, fueled partly by measures that Carter either initiated or supported, including higher farm price supports and a steeper minimum wage...
...wood used in ladders in factories and shops: "Knots of less than l˝ inch thick in diameter are permitted on the wide face of portable wooden ladders provided they are at least ˝ inch back from either edge; the slope of the grain in side rails shall not be steeper than 1 in 12 inches..." Not exactly a stairway to paradise. With appropriate illustrations, an OSHA manual instructs farmers how to avoid slipping on cow dung...
...more over the ideal for their height?a situation that the new data seem to show has grown even worse. In other words, despite the growing number of joggers, tennis nuts, weight watchers and organic-food freaks, the struggle against excess flab is not only uphill but getting steeper all the time...
...estimated low-income groups will get the biggest breaks. The plan to reduce the maximum tax on personal income from 70% all the way down to 50% may be put off. The White House apparently figures the revenue is still needed because there probably will not be steeper taxes on capital gains...