Word: uppers
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Dates: during 1950-1959
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...have to push for tax increases to keep the state solvent. Republicans in the legislature have proposed to blot up the red ink by upping the sales tax to 4%, but Soapy Williams adamantly opposes any sales tax boost, urges instead a progressive state income tax on middle and upper bracket incomes and a new 5% levy on corporation profits-which would worsen Michigan's already severe problem of attracting, and keeping, diversified industry...
Under the terms of the plan, an upper-bracket taxpayer can give a college securities, which are then re-invested in tax-exempt municipal bonds. The donor collects income from these bonds during his lifetime, with the principal going to the college on his death...
...class of '49 has four millionaires, and it has 37 men who make less than $5,000 a year, but most members live in the lower reaches of the upper middle class; 210 make between $5,000-$10,000 a year, and 136 between $10,000-$15,000. The college men own-or are owned by-50 boats, five airplanes, 14 horses, 265 dogs and "a few turtles, ocelots and raccoons." Six men are union members, and three graduates are in Who's Who in America...
...Hampshire: Cannon (Franconia), 30-48 base, 4 powder, good-upper, fair to good-lower; Cranmore (North Conway), 30-48 base, 6 powder, good; Sunapee, 6-50 base, 8 powder, excellent but operation today doubtful due to drifting; Mittersill (Franconia), 15-25 base, 4 powder, good; Wildcat, 35-55 base, 8 powder, excellent...
...dining hall official commented that "the freshmen act just like the upper-classmen. You can hardly tell them apart...