Word: excessive
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...first great workshops. Here, within an area of 21,000 square miles, were fused the resources, the energy, the ingenuity which built an empire covering one-quarter of the earth. Here were created the sinews with which Britain dominated world trade and international politics for 125 years. Here excess capital derived from the exploitation of India was combined with wool from the highlands, cotton from the U. S. and Egypt, coal and iron from Britain, Sweden and Spain, to make trade goods for an expanding world...
...this unanimity did not produce results because the President figured that once he let business have what it wanted, his Congressional opponents would hold up a third matter he wanted just as much -an Excess-Profits Tax. He therefore decided to attach the excess-profits tax like a price tag to the package business wanted. Last week, Congress' tax-originating body-the House Subcommittee on Internal Revenue Taxation-sent package and tag to the House Ways & Means Committee. In the package were the 20% depreciation allowance, the repeal of the Vinson-Trammell restrictions, as expected. Business' eyes fastened...
...Treasury revenue producer, the excess-profits tax plan was too low. The Treasury had planned a bill to raise $500,000,000 the first year. But as revised by the House Subcommittee, it could not be counted on for more than...
...bill was as complicated as all excess profits tax bills. But outside the lunatic fringe of club-going anarchists, most businessmen agreed that if they had to have an excess-profits tax this was a mild...
...this, said Sir Kingsley, he was regretfully obliged to hit the little man. There were just not enough big men left. He pointed out that incomes in excess of the equivalent of $80,000 were taxed 90%, leaving only $8,000. If he confiscated every salary in the country in excess of $8,000, he said, all he would get would be $280,000,000- enough to keep the war going not quite nine days...