Word: bracket
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Dates: during 1950-1959
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...What we did was spend a little more money in bad times, and we won 60% of the market where we had only 15% before." To stay competitive in its auto-supply business, Detroit's C. M. Hall Lamp Co. had to cut prices on a lamp bracket below what it considered a rock-bottom $17.76 per 1,000. Solution: it redesigned the bracket in reinforced nylon, sold...
...Barnes in the 220 got off to a fast start in his preliminary heat, but the distance proved too much for him, and he too faded badly at the end, finishing out of the qualifying bracket...
...yachts soon focused down on Miami Dock Owner Harold E. Manning, who explained that for some time he had been in the business of stocking, chartering and selling yachts that well-heeled Miamians had given to the CAP as a tax dodge. Under prevailing tax rates, an upper-bracket yacht owner can often save more on his income tax by donating a well-depreciated business yacht than by selling it on the market...
...lower-income bracket, and we purchased our Renault for economy. For those who object to the small car, my husband is 6 ft. tall, weighs 175 Ibs. and has plenty of room; our two children prefer it to their grandfather's cars (Buick and a Cadillac). A large number of Americans don't want an overinflated Detroit Leviathan-just economical transportation...
...made-is a small across-the-board cut for business, a bigger cut for individuals, and reductions in many excise taxes. Prevalent speculation: ¶ Individuals will probably get about an 11% cut v. a 12% cut in 1954, giving the taxpayer in the $5,000-a-year-and-under bracket (the biggest group) as much as $1.60 a week more in his pay envelope. Loss in Government revenues: $4 billion. ¶ Corporations can look forward to a corporate rate reduction from 52% to 50%. Government loss: $1 billion. ¶ Excise taxes, which have outlived their wartime purpose to discourage...