Word: bracket
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Dates: during 1980-1989
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First, raise my taxes. Under the current tax law, the top federal income- tax bracket is 28%, but above $43,150 (or $71,900 for joint returns) it effectively rises to 33% for a while and then drops back to 28%. Don't misunderstand. I love paying just 28%. (And at 28%, I pay a heck of a lot more than I ever did when the top rate was higher, because, far from trying anything stupid to shelter my income from taxes, I'm quite happy to send the Government its share.) But keeping the top rate at 33% instead...
After losing to Cornell in the first round and dropping to the losers' bracket last Friday, the Crimson rallied to grab an exciting five-set victory against Columbia...
...loss moved the Crimson to the loser's bracket in the double-elimination tournament. Harvard still has a chance to win the title, but it cannot lose any more games...
After the Crimson tied the third set, 1-1, Cornell rolled off the next 14 points to win the set and match. The Big Red will play Penn tomorrow afternoon in its second match in the winner's bracket...
Army, which had a predominantly young team last year, hopes its experience in the lower bracket of the 1987-88 ECAC standings will propel it into this year's playoffs...