Word: excessive
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Dates: during 1940-1949
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...Ways & Means committeemen abstained from voting-but not because they opposed new taxes. The Republicans thought the House should go much further in overhauling and broadening the tax structure. Democrat Doughton agreed in principle, promised to attempt a major overhaul (including additional taxes on excess Defense profits) at the next session of Congress...
...first to retrench was Walt Disney. He has moved his entire staff to a new studio at Burbank, dropping some 400 people, about a quarter of his payroll, on the way. During the past fortnight Paramount carved off about 50 of its excess employes, while 20th Century-Fox was reported to have fired from 100 to 200 persons. Bullock's-Wilshire shop did not sell an expensive fur coat in ten days and Giro's night club was a morbid expanse of bare white table tops on Thursday, usually the busiest night...
PACIFIC FINANCE CORPORATION OF CALIFORNIA IS THE LARGEST AUTOMOBILE FINANCE COMPANY IN THE WEST, WITH ASSETS IN EXCESS OF $42,000,000. IT MAINTAINS HEAD OFFICES IN LOS ANGELES CONDUCTING ITS FINANCE BUSINESS THROUGH BRANCHES IN EIGHT WESTERN STATES, AND DOES NOT OPERATE A FINANCE BUSINESS IN NEW YORK. ITS SECURITIES ARE LISTED ON THE NEW YORK STOCK EXCHANGE AND THE LOS ANGELES STOCK EXCHANGE...
...British industry was to be conscripted in toto. All munitions and war material factories were nationalized, "excess profits" (e.g., above peacetime normal) appropriated 100%. All records of all businesses may be demanded by the Government, which may then determine whether they should be converted to war purposes, let alone or suspended, in which case "they must have adequate remuneration. . . . Destruction of property here and there would also be cause for remuneration...
...bituminous coal industry has not had a profitable year since 1925. Price wars, bootless labor squabbles, excess capacity, invasion of its markets by fuel oil, gas and water power have starved it. Its rachitic bones show through in dingy, paint-scaled mining towns, in the pay average of its workers: $902 (before deductions) last year, although their daily wage scale is $6 ($5.60 in the South). Prime exemplar of old-fashioned atomic competition, the industry has 13,500 producers, none of whom does 5% of the total business...