Word: heavier
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Dates: during 1960-1969
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...Treasury can collect all its taxes in the year they are earned. The speedup will make federal budgeting easier and give Government economists a quicker and more dependable reading of the economy. But its immediate effect on major companies, which pay 80% of all corporate taxes, will be a heavier tax burden...
...heavier payments are the result of the complicated shuffle of tax payments necessary to adjust to the speedup. Under present rules, corporations do not begin paying taxes on the current year until September, and then continue paying them in quarterly installments through June of the following year. Under the new system, corporations will estimate their annual tax bill in April and make their first payment then; by year's end all the installments will have been paid. If the shift were made suddenly from the old to the new system, it would cause a doubling up of payments, raising...
...them the speedup forces a choice of either borrowing more to make their payments-thus straining their credit ratings-or cutting into the working capital they need to operate their businesses. Either way, the tax "cut" will hardly put them in an immediate position to aid the economy with heavier capital spending...
Certain other racial differences are less clearly adaptive. It is known that a newborn Negro baby has more advanced bone development than a white baby. The early lead of the Negro continues throughout growth, so that the adult Negro possesses a generally heavier skeleton than the white adult. Also, Negro babies seem to develop motor control more rapidly than white babies. Among Negro adults, there seem to be different endocrine mechanisms regulating body responses to stress...
...autos, G.M.'s massive research staff deduced from their studies that industry sales would be about 7,000,000. They turned out to be just about right; sales were 7,100,000. One result was that G.M. early geared its assembly line to a heavier flow of autos and trucks, avoiding the costly process of slowing down or speeding up assembly lines to meet changing demands...