Word: exceeds
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...something about conflicting taxation. Thumping the same theme as other Governors, New York's Lehman declared that the Federal Government was "almost monopolizing" some of the best tax fields, that if State income taxes were hiked to Federal levels the total tax bill in the higher brackets would exceed actual income. Eight of the ten tax sources from which New York gets more than four-fifths of its revenues were also tapped by the Federal Government. Since the Federal Government tends to win in all such conflicts, the time may come when the States can no longer finance themselves...
...expected to exempt Soviet coal and coke from a special $2-a-ton tax, assessed under the Revenue Act of 1932. The coal industry's alarm diminished promptly when the Soviet Government saluted the agreement by announcing that coal exports to the U. S. next year will not exceed 400,000 tons, slightly less than Russia shipped...
...reconsideration, he won again, 40-to-39. The Byrd Amendment 1) holds down the costs of construction to somewhere near the level that $50-a-month families can pay for, and 2) practically cuts out slum clearance for some sections which need it most, for high metropolitan construction costs exceed $1,000 per room...
...gospel of peace preached once more. Europe, declared the French Premier, is on the verge of catastrophe because everywhere arms are being piled up. Premier Blum's solution: let every interested power "make public their armament programs, together with the cost thereof"; let them then "agree not to exceed these programs...
...gold. Rising mining costs in a recovery period normally act as an automatic check on gold production, probably will eventually in this recovery. Today, however, gold is abnormally high. And Russia, where costs are meaningless, has jumped into second place as the leading producer, may this year even exceed South Africa...