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...Sales" Taxes. Before passing the final bill, the House again rejected (236-to-160) a general Sales Tax on manufacturers. Nevertheless under the guise of excises, it did juggle into the bill a long list of sales taxes on specific products ? 4?? per gal. on lubricating oil (to yield $35,000,000); 10% on cosmetics ($20,000,000); on furs ($15,000,000); on jewelry ($15,000,000); on sporting goods and cameras ($6,500,000); on yachts & motor boats ($500,000); on firearms and ammunition ($2,500,000). Matches were to be taxed 4?...

Author: /time Magazine | Title: TAXATION: House Jugglers | 4/11/1932 | See Source »

...trades that there was wild talk last week that the New York Stock Exchange would emigrate to Canada. The traders' major grievance was against a ¼% tax on all stock sales to give the Treasury $70,000,000 in extra revenue. The levy is to be not less than 4?? per share and also applies to stock borrowings. A trader today selling 100 shares of $100 stock pays the U. S. $2, the State $4 and a clearing fee of $1.50? a total of $7.50. The same transaction under the House bill would...

Author: /time Magazine | Title: TAXATION: House Jugglers | 4/11/1932 | See Source »

...first time in 1839. Most famous of its 16 jumps is Becher's Brook, a five-foot hedge in front of a five-and-a-half-foot ditch. The average odds on Grand National winners have been 15 to 1; their average time, 9 min., 55 sec. for 4?...

Author: /time Magazine | Title: Sport: To Aintree | 3/14/1932 | See Source »

...bottom price, and one offered to throw in 50 shares of Anaconda or Kennecott with each 1,000-ton purchase. Rubber (of which there is reputedly a 16-month supply in the U. S.) plunged through its old low of 4.1^ per Ib., when the February delivery sold at 4?...

Author: /time Magazine | Title: Business: Index | 2/15/1932 | See Source »

...4???Opening ceremonies, hockey, curling (demonstration), 500-meter and 5,000-meter speed skating...

Author: /time Magazine | Title: Sport: At Lake Placid | 1/25/1932 | See Source »

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