Word: bracket
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Dates: during 1940-1949
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...with presents, kept his audience waiting for long minutes before he loosened the drawstrings and displayed his prize package: a new schedule of income-tax rates under which "the average amount of tax will be reduced by about 29%. . . . The reduction . . . is as much as 54% in the bottom bracket, but is limited to about 6% or 7% in the top brackets." Half of the relief will apply on 1947 incomes, since reductions go into effect on July...
...about 750,000 low-income Britons. Under the new schedule, a British couple with two children will pay no tax unless they earn more than $28 a week, and they would not pay the 45% rate unless they earned more than $40 a week. The change left middle-bracket taxes murderously high. Example: a married couple with three children, earning $4,500 a year, would be taxed $1,272 (a cut from $1,326). In the U.S. such a family pays about...
...concentration he must take Astronomy 1, 3, and 4, or substitutes from the upper-bracket courses, and in addition, Math A and 2, Physics A or B, and one additional course in Physics. Astronomy 4, 5, and 6 are designed as service courses for science majors as well as Astronomy concentrees, because they represent the practical application of the various science theories. Astronomy 5, for instance, is frequently elected by Physics majors because of its particular emphasis on atomic theory and wave mechanics...
...Lilienthal] is charged with either sympathy for Communism or too easy toleration of it. After weeks of testimony, I find no basis for this charge. I hope my own record, plus the fact that I am in the top bracket of all Communist blacklists all around the world, demonstrates that I am not calculated to be soft on such a subject...
Proceeds from yesterday's matinee of "Waiting for Lefty," and those of the premiere performance of "St. Joan" on March 19 will be donated into Food Relief Drive coffers, Richard D. Campbell, Jr. '48, Food Relief Committee Chairman, announced last night. Meanwhile, campaign receipts settled in the $21,210 bracket, he added...