Word: earns
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Dates: during 1940-1949
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Partially as a result of the unfortunate impression Beardsley Ruml created in Congress by trying to sell himself and Macy's as riders to his plan, Pay-as-you-earn advocates had agreed on the modified Carlson Bill. This bill would cancel all 1942 income payments, except by those persons receiving over $20,000 a year who made more in 1942 than they will in 1943. These persons will pay taxes on the year of highest income, and payment on the other will be cancelled...
This modified proposal was opposed by the Treasury as still being "heresy," and in its place, the Administration advanced the Doughton Bill for voluntary Pay-as-you-earn without "forgiveness." This would have "rewarded" those taxpayers who were able to pay two years' taxes by July 1 with a 1 to 4 per cent reduction in their 1942 liabilities. That this would benefit only those who were wealthy enough to have considerable savings and that it would, therefore, help the rich and not the poor seems not to have occurred to Randolph Paul and the other Treasury experts...
...steel, with our hands, in winter, or in 130° or hotter temperature in summer. We eat cold lunches, and work from eight to ten hours per day, seven days per week, and get paid on a piecework basis (if we don't produce, we don't earn). We are subject to industrial accidents. Some of us are killed every day. In the event of serious injury or death, our dependents receive a small settlement under the Workmen's Compensation Act, or we receive a small settlement, and are faced with our working days being over...
...problem really plagues Hutmakers Hobbs and Comstock. Despite more business than they can handle, their gross profit per $1,200 hut is so low (about 1.7% on sales) that they will earn nothing at all even on their tiny capital investment unless the war lasts at least two years more...
...teachers over 65, cut classroom hours in high schools to levels accepted in other cities, reorganize purchasing, improve accounting, economize on heat and power, rebind old textbooks, set up a typewriter repair shop. Out would go the "venerable but vicious system" whereby most school janitors operate on contract, some earn more than $11,000 annually by "subcontracting" and exploiting janitorial helpers...