Word: generously
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Dates: during 1950-1959
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STOCKHOLDERS, some 7,000,000 of them, get a generous break. The first $50 of dividend income is entirely taxfree, and 4% of all remaining dividends may be subtracted from the stockholder's income tax. This change will mean a lot of additional income for many in the top income brackets and may have the intended effect of stimulating stock ownership by middle-income groups. The dividend credit is based on the contention that a tax on dividend income, coming on top of the 52% tax on corporate profits, constitutes double taxation. The Reed bill retroactively cancels last April...
Mendès warned that this was the best he could offer, and that the nationalists had better accept it. He sternly spelled out the alternative to his generous offer: "Should it become necessary to resort to Draconia* measures to maintain public order, the government would regretfully undertake them." Last week 3,500 Tunisia-bound French troops embarked at Marseille, and this week 2,500 more are scheduled to follow...
...Singh sent them the chopped-off finger of a kidnaped relative demanding ransom for the rest of him, for the dacoit's punishment of informers was swift and bloody. But Man Singh, for all his legendary ruthlessness, was still a man of some honor who was always generous to the poor and considerate of women. After killing a policeman in line of duty, he would often pay for a fine funeral and settle a generous sum on the officer's widow...
...determination in general is not to allow the departure of any refugee guilty of common crimes," and said he thought he could show that Arbenz was the "author of a common crime." But to deny safe-conducts, at least for the important refugees, would be to defy both the generous interpretation of the right of asylum that Guatemala has traditionally held, and the government of Mexico. Guatemala's traditional friend. Worse, seizing Arbenz might enable him to pose as a martyr...
...televised ceremony at Pittsburgh's William Penn Hotel last week, U.S. Steel Vice President John Stephens and President Dave McDonald of the 1,200,000-man United Steel Workers (C.I.O.) signed a new contract with surprisingly generous terms. The industry generally fell in line...