Word: excessive
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Dates: during 1940-1949
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Little Steel workers. A WLB fact-finding panel, considering only the simpler arithmetic of the demand, found that the companies could afford it: they are so busy now with war orders that all but $2,850,000 of the $47,500,000 annual boost would have come out of excess-profits taxes...
...first fortnight of WPB's campaign to recover copper from idle, excess and frozen stocks, 1,000,000 Ib. were turned...
...tended to laugh at the British Army's batman system are now considering adopting it, since it is inefficient that an officer should spend time carting himself hot water for washing. They are discovering that the antiquated, inadequate plumbing and general layout of British houses were designed for excess domestic manpower which is no longer available...
...House upped the rate on so-called normal profits from last year's 31% to a new high of 40%. In England business pays only 5% on its normal profits, and even that 5% can be deducted from any excess-profits levy the corporation may have to pay. (The British also withhold at the source the minimum 50% personal income tax, but this is not a tax on business. Stockholders can deduct the full amount from their individual income-tax payments, can even claim a refund if they are tax-exempt...
...House upped the rate on so-called excess profits from last year's effective maximum of 72.4% to a new high of 90%. This rate looks lower than the 100% excess-profits tax in England, but actually there are four reasons why the U.S. tax is stiffer...