Word: sums
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...bill reverses a trend that has prevailed since the income tax took effect in March 1913 with a top rate of 7% on incomes above $500,000, a stupendous sum in those days. The rates zigzagged up and their calculations were made more complex until, to meet the revenue needs of World War II, the top rate on the highest incomes was a confiscatory 94%. Among those offended: a movie actor named Ronald Reagan who had just begun to earn big bucks. His anger at discovering that he could keep less than a dime of each additional dollar he earned...
...newsletters, including the National Bankruptcy Report and the Swine Flu Claim & Litigation Reporter, had a house in Newtown Square, Pa., had occasionally had dinner with the Wyeths, and already owned six of his works. After spending two hours with the collection, Andrews agreed to pay a multimillion-dollar sum for all of them and their copyrights. Not previously known as a major collector, he plans to lend the Helgas to museums and, as if she were the Rambo of art troves, he is even talking of marketing images of her on posters and calendars. (Told of this plan, Betsy mutters...
...country's solvency, and even slightly improved upon our achievements. It proves that the political and economic foundations of our society are firm. When accounting for these results, I should like to lay particular emphasis on the fact that our people feel this country belongs to them. To sum up, let me say that in the past four decades we have built a new country here along the Danube and Tisza rivers, namely socialist Hungary, whose people are incomparably better off both materially and culturally than ever before and enjoy more extensive rights and greater freedom and democracy than...
...some confusion." In fact, Juror Miriam Sanchez was so confused by the instructions that she reportedly told news people after the verdict that she had wanted an award of $300 million but had agreed to $1 because she believed Judge Leisure could amend it upward to a proper sum. She was mistaken: though judges often lower damages if they are not warranted by the evidence, they cannot increase them...
...disabled), there seemed no possibility that Carla could go on to a top college after graduation. In February, however, the Stoughs heard that she had qualified for special admission to selective Bard College in Annandale-on- Hudson, N.Y. Under the Bard plan, Carla will owe only the modest annual sum of $3,742, which she would have paid at her local state university in Shippensburg, instead of Bard's normal $14,550. Furthermore, Bard will match any additional financial aid Shippensburg might have offered, so that Carla's actual costs when she starts school in the fall may be, literally...