Word: collectivities
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Dates: during 1950-1959
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When Finance Minister Bosch took office, there was a deficit of $18 million; as he stepped out, Cuba had its largest surplus on record - more than $15 million. The secret of Bosch's success was uncommon ministerial honesty and unswerving drive to collect taxes uncollected by lax predecessors. "Everyone will pay," he announced, "without exception or privilege. I'll send them bills...
...flat sales tax on everything except food, rent and medicines. Spokesman for the committee was old New Dealer Leon Henderson onetime head of OPA. A sales tax, he argued, would produce revenue quickly, discourage spending, spread the increased tax load to all income brackets, and be easier to collect than income...
Road, where he and his brothers collect art and lavishly entertain visiting mob chieftains. Those that didn't fade were mortally embarrassed by the subpoena servers. "They went around to the butcher, the baker and the candlestick maker," complained Joe Adonis. "They made slurring remarks...
...danger of injury to the live tissue. Army surgeons in World War I, borrowing a trick from medieval doctors, put maggots to work on the job. The maggots ate or dissolved the festering dead cells and stopped short when they reached live tissue. But maggots are hard to collect and difficult to handle...
Walter E. Schott, 50, is a Cincinnati businessman who likes to collect companies. Fortnight ago he called reporters and announced: "We've just bought the Bunell Machine & Tool Co. of Cleveland for $1,750,000." Next day Schott called reporters again. This time he had paid $1,000,000 for the Novo Engine Co. of Lansing, Mich. This week, Schott's speculative eye was already on a new prospect. By such hustling and sharp buying, Schott has put together a family holding company with enterprises worth an estimated $20 million and controlling some 26 companies spread over...