Word: exemption
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Dates: during 1920-1929
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Minnesota's Christianson arose to complain about the U. S. Supreme Court's ruling that national banks are federal agencies and therefore exempt from cer tain state taxes. His point was that na tional banks are operated for the benefit of stockholders and should therefore be taxed the same as state banks...
...three men, selected on a basis of versatility, character, and scholarship, will be exempt from all class requirements, examinations and fees. The awards will be made in June on a basis of the applicants' "interest in, devotion to, and promise of notable achievement in intellectual life...
Since the rural lamp burning vote is combustible, Chancellor Churchill acted with instant decision, and extinguished the Labor attack by announcing that he had decided, overnight, to exempt kerosene from the tax, which, however, will still bear on gasoline. Well pleased at the flurry caused by his announcement, Mr. Churchill added: "His Majesty's Government have no fear that motorists will evade the tax on gasoline by attempting to use kerosene. They would do more harm to their engines than to the Exchequer...
...Passed Senator Pittman's bill to exempt short-line railroads from that clause in the Transportation Act which requires railroads to pay one-half their profits above 6% to the Interstate Commerce Commission; sent it to the House...
...paid to his opinions on all sorts of subjects. 7. It is fairly well paid; minimum net salary about $3,000 in most (Episcopal) dioceses. 8. It has permanence of tenure; clergymen (Episcopal) need not fear losing their appointments except for grave cause. 9. 'The clergy are exempt from being drafted for war.' Also they often get ten per cent discount on merchandise and they travel for half-fare on the railroads. 10. 'They are so favored by the kindly attention of wealthy and leading parishioners that their children enter the highest social life.' 11. They...