Word: budgets
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Dates: during 1930-1939
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Last week House Ways & Means Chairman Collier announced: "In order to balance the budget at this session I'll support the sales tax as a last resort. I want the new administration to have a clear sheet March...
Taxation. The 32nd President has yet to declare himself on the Sales Tax or any other form of new taxation to balance the Budget.* Last week he was considering a revolutionary proposal to tax corporate surpluses, now estimated at $4,000,000,000. Such a tax, It was argued, would squeeze much water out of inflated capital structures, discourage corporate hoarding...
Since the current British budget is based on estimated receipts of ?764,275,000, Mother Britain is now spending nearly one-sixth of her current tax revenue on seeing her needy through. ¶Voted with maximum grumbling from all parties a loan of 100,000,000 schillings ($14,000,000) to the Government of Austria. "Throwing good money after bad, that's what we're doing!" cried Conservative Sir Arthur Samuel, M. P., despite a firm reminder from Chancellor of the Exchequer Neville Chamberlain, also Conservative, that the 100,000,000 schillings are only Britain's share...
...mere chance Citizen Herriot picked up a copy of the 1932 budget which passed the Chamber under Premier Pierre Laval last February and passed the Senate under M. Laval's successor Premier Andre Tardieu. Thumbing through this ancient document-which dates from before the death of Aristide Briand (TIME, March 14); before the French general election which made M. Herriot premier; before the assassination of President Paul Doumer and the election of his successor President Albert Lebrun (TIME, May 16) -thumbing through the hoary pages of the bygone budget, M. Herriot came upon an item...
...National Budget: Drawn to balance at 41 billion francs but unbalanced by a current deficit of 3 4/5 billion francs ($150,000,000), with current revenues running 20% below estimates...