Word: excessive
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...fast that the nation scarcely had time to notice, a Congress which has done many things to business finally did something important for business last week. One day the House Ways and Means Committee received from its taxperts a series of amendments to the Excess Profits Tax. By this week the amendments had been approved by the Committee, passed by the House and the Senate, sent to the President...
Least edifying sight of Washington's muggy summer of 1940 was the skedaddling, ten-thumbed carpentry of Congress in slapping together the Excess Profits Tax (TIME, Oct. 14)-a jerry-built construction job which everyone knew would show many a chink, leak and missing windowpane when the March 15 wind started blowing. Working too fast, Congress wound up with a 50-page tax bill which not even the experts understood. The Congressmen themselves were reduced to giggling over it like schoolboys unable to hide any longer the fact that they did not know their lesson...
...volume. Said Lear then: "I'd give my life for $55,000." Just out of a Miami hospital (result of a crackup in his new Cessna), he values his life more now. Last week he estimated Lear Avia's 1940 earnings: in excess of $100,000 on sales of $968,000. And sales are no longer a problem. His $5,000,000 backlog includes South American, Norwegian and Canadian orders. To help fill them Lear has a new factory in Hollywood (making electric motors with magnetic clutches), plans another near Dayton...
...started when Proctor Eric W. Johnson '40 objected to the daily orange fights which were going on in the dormitory. At the ensuing meeting held in Johnson's room, it was decided to ask for water-fighting permission to provide a medium for releasing excess energy...
...prevent war millionaires," Congress in early October passed a bill providing that excess corporation profits should be taxed at least...