Word: excessive
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Dates: during 1940-1949
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...arranged for ant larvae to be reared to maturity under the care of soldiers only and of workers only, and found: "Where the soldier caste is present in large numbers, there is a decrease in the number of soldiers that are produced. Conversely, in pure colonies of workers an excess of soldiers tends to appear over the number which normally develop in a control colony...
...Morgenthau wanted, among other things: 1) lower exemptions ($750 for single taxpayers, $1,500 for married couples) on incomes;- 2) a stiffer excess-profits tax; 3) mandatory joint returns for husbands & wives (which the House turned down) with "appropriate relief" when both husband and wife are wage earners; 4) a simpler method of computing taxes (from a table) for small wage earners...
...Inventory accumulation beyond current needs is prohibited. OPM's ignorance of where there are excess supplies (see below) will at long last be corrected...
...question of excess-profits taxes, the President was more severe. He wanted the Treasury's original proposal for a tax based exclusively on the rate of return on invested capital, instead of letting corporations base their tax exemptions on average earnings from 1936 to 1939 (TIME, June...
...excess profits: "I feel that no one would be inclined to favor . . . the company which by chance was incorporated in a year of high values. . . . Or to conclude that the present shareholders of a corporation have realized an excess profit on what the original shareholders paid for their stock. Or not to give recognition to factors of personal efficiency...