Word: excessive
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
This week the Eisenhower policy on taxes crystallized into a clear-cut, five-point program. The five points: ¶Extend the excess-profits tax on corporations six months from next June 30, the scheduled expiration date, and let it expire next...
...engineers to slow down the water. If the project is approved by the U.S. Congress and Canada's Parliament, Niagara will run full blast from 8 a.m. to 10 p.m. during the tourist season. At night it will be slowed to half speed, with hydroelectric plants harnessing the excess water. Result: the steady erosion of the falls' crests will slow down, and the water will be a uniform aquamarine. Cost...
After thousands of years, says Professor Plass, plants and the slow-moving seas will absorb most of the excess CO ² . But for centuries to come, if man's industrial growth continues, the earth's climate will continue to grow warmer...
...Bureau of Internal Revenue last week, was the largest in history. Total: $68.5 billion, an increase of $12.5 billion over 1951, due to higher tax rates and continued prosperity. Individual income and employment taxes (up 20% to $36 billion) accounted for almost half the total increase; corporation and excess profits levies rose from $16.5 to $22 billion. Other taxes, e.g., on tobacco, alcohol, telephone calls and theater tickets, brought in an additional $10 billion, up $1 billion over...
...sales 18% in order to get half that big a rise in its net profit ($16.9 million). But its bigger rival, giant General Electric, boosted sales 39%, to $777.8 million. G.E.'s President Ralph Cordiner was so optimistic that he figured his profits on the assumption that the excess-profits tax will die in June, thus showed a thumping 58% rise in profits ($45.8 million), from $1.01 a share to $1.59. If the tax doesn't die, G.E.'s profit will be cut to $1.17, a gain of only 17%. Cordiner also gave the week...