Word: assessments
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
Valuation. The cost of an article abroad (foreign value) is now used to assess ad valorem duties. The Finance Committee voted to change the system to domestic or U. S. valuation?then crossed its fingers and postponed the effective date to Jan. 1, 1932. Domestic value is "the price at which imported merchandise is freely offered for sale in the principal markets of the U. S. in wholesale quantities." The committee's purpose was to change the system of valuation without changing the scale of protection. The Tariff Commission was ordered to calculate the conversion and submit to Congress...
...report which the Commission approved. Commissioner McManamy found that the free-movement courtesy between roads led to grave abuses, that it was unfair and discriminatory to the ordinary traveling public, that it was contrary to Federal law. The Commission ordered the roads to "cease and desist," told them to assess one another a "just and reasonable charge" for such service...
...such comprehensive effort has hitherto been made to assess the forces of twentieth century life, and the result commands the concern of all who have an interest in their own age and its destiny...
...Princeton, game issues of the Lampoon. The Crimson editorial of yesterday should make this a it closed incident. Friends can afford to be frank, only hypocrites need resort to simulation. In a spirit of mutual respect and absolute candor let us examine the cause of this unfortunate illfeeling and assess it in its true light. I believe that the chief causes of the present situation...
...estate taxes prevailing during the past year should be abolished retroactively. The maximum estate tax until June, 1924, was 25%, and since then it has been 40% (TIME, June 2, 1924.) Under the new bill it is to be 20%. It was argued that it was unfair to assess unusually high estate taxes against those who happened to die in the last two years, when taxes before that were lower and are now to be lower. So the 25% maximum rates were restored until the new bill becomes effective. Estate taxes are collected over a comparatively long period...