Word: exempted
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Dates: during 1930-1939
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...believed that the action was taken because University officials felt that the operation of a commercial enterprise should not be allowed to take place in a tax-exempt building...
...Townsend slate of delegates to the Democratic convention with Representative McGroarty as their Presidential favorite (TIME, April 6). Asserting forthwith that Dr. Townsend had deserted his plan to finance $200-per-month pensions by a transactions tax and now proposed to issue billions of dollars worth of tax-exempt bonds, the angry Poet Laureate called on "millions of Townsendites" to repudiate their original leader...
...Individuals would pay the full normal tax on dividends which are now exempt...
...inter-corporate dividends would be fully taxed as corporate income instead of 90%, exempt as at present...
...from the 4% normal tax to be paid by individual stockholders on dividends currently exempt from the normal...