Word: flatly
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Dates: during 1930-1939
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...Instead of the present graduated normal tax of 4% up to $4,000 and 8% thereafter, one flat 4% normal tax. To compensate for this reduction surtaxes would be upped approximately 4% throughout the scale. Result: to increase by 4% the tax on income from dividends. Persons with net incomes up to $6,000 would pay exactly the same tax as under the present law. Personal exemptions, which now can be deducted only in figuring normal taxes, would also be applied to surtaxes. Thus on incomes of over $6,000 married men would pay slightly less, single men slightly more...
Several dozen other provisions were aimed to plug up means of avoiding taxes by reorganizations, partnership losses, etc. Annuities would be taxed on a flat 3% basis; income tax deductions for estate and gift taxes would be disallowed; losses on sales of property to members of one's family would be ignored for tax purposes...
Striking, in view of Comrade Litvinoff's promise to President Roosevelt that members of the Soviet Government would abstain from fomenting Communism in the U. S., is the Soviet Encyclopaedia's flat statement that in 1929 Stalin flayed both the German and U. S. Communist Parties for their "rightist opportunism"-i.e. their failure to foment Communism with sufficient "leftist violence...
...program will include Handel's Sonata in G-minor, Beethoven's Trio in E-flat, and a piece by Loeillet. Hugh McElheny '33 will have his own composition performed at this time, also...
...Trio," by Loeillet, has been chosen to open the concert, to be followed by Handel's "Sonata in G Minor," and "Trio in B Flat," by Beothoven. To conclude the presentation, the artists will render a selection composed by Hugh K. McElheny...