Word: excessively
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Dates: during 1950-1959
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After feeling the U.S. taxpayers' pulse, Pollster George Gallup last week announced a reading: a majority of the people are willing to wait for tax cuts. Gallup asked voters whether they approve of President Eisenhower's plan to extend the excess profits tax from July 1 to Jan. 1. Results: 55% approve, 17% disapprove, 28% have no opinion. When asked whether they would settle for a cut in individual income taxes on Jan. 1 instead of July 1 "to help balance the budget," the taxpayers showed even more patience: 59% said Jan. 1 would be O.K., 29% wanted...
...Extension of the excess profits tax until January...
...permit no such trick amendment. Dan won. "At my request," he announced last week, "I have now received airtight assurances from the White House, from the Senate and House leadership, that they will oppose any attempt ... to amend trade agreements legislation with an extension of the discriminatory and unfair excess profits tax." Then he found he was not too busy after all to call a committee meeting on the trade bill...
...lower prices. Furthermore, on the basis of past performance, companies could suffer some drop in profits without any damage to their dividends. Prewar, corporate dividends averaged 74% of earnings, whereas recently they have averaged only 58%. Another hopeful market portent; despite Dwight Eisenhower's plea for extension, the excess profits tax seemed all but dead come June 30 (see NATIONAL AFFAIRS...
This is what has been done at Arco under the direction of Dr. Walter Zinn of the Argonne National Laboratory. The AEC has given few details, but the reactor certainly used new structural materials (such as zirconium) which absorb very few neutrons, leaving enough to breed an excess of plutonium. It must have been running long enough to prove that it actually "breeds...