Word: exempted
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...President sent a special message to Congress asking for a law to end the reciprocal tax immunity of Federal, State and municipal salaries and securities. He wrote: "A fair and effective progressive income tax and a huge perpetual reserve of tax-exempt bonds could not exist side by side. Those who earn their livelihood from Government should bear the same tax burden as those who earn their livelihood in private employment." The President reminded Congress that unless it acts before March 15. salaries paid by quasi-public bodies like the Port of New York Authority will, by last year...
Under Secretary Hanes's search for revenue is leading him to consider taxing State and local salaries and securities (now tax-exempt). Here he will collide with a host of State and municipal officials, who are unwilling to play Franklin Roosevelt's proposed game of tit-for-tat wherein States would levy income taxes against the salaries of Federal employes. John Hanes's understanding of the scarcity and paucity of new tax avenues, and of the woes of taxpayers-for whom he often personally holds court-makes him a darling of the Garner-Harrison economy bloc...
...Fraternity must pay two per cent of its pay roll (or the equivalent of pay in board), in order to safeguard the latter years of such of its members as are given jobs to help them to pay for their meals. There is already a section of the law exempting, employees of educational institutions but under a technicality this does not cover fraternity waiters. Thus undergraduates working for Morrow Cafeteria and the fraternities eating there are exempt while the other fraternity members have to pay, creating an obvious incongruity. The act further provides for a gradual increase in this...
...command of good written English in the student's whole training," Dean Leighton continued, "and its desire to strengthen the position of English A, which seeks to aid students at the outset in gaining such a command, the Faculty Council has decided to reduce the number of students exempted from this course. In the future the Committee for Elementary Modern language Instruction will be given authority to determine what students shall be exempt from English...
...year 1939-40, this Committee has announced that only those students who have obtained Honors (a grade of 595) in the College Board examination in English will be exempt without further examination. Students who receive a grade between 560, which has previously been the exemption level, and 595 will be given an opportunity, if they wish to use it, of taking the special English examination on registration day in September...