Word: hollywood
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Dates: during 1940-1949
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...will of Hollywood's late, Red-hating Director Sam (For Whom the Bell Tolls) Wood carried on the crusade. A clause in the will requires every beneficiary, except his widow, to file a non-Communist loyalty oath before collecting...
...Hollywood, an oilman quipped: "When you see a group of movie people talking on the set, you don't know whether they're discussing an oil well or a movie...
...Hollywood's mind. Moviedom's tax-bitten stars thought they had found a sure-or almost sure-way out of their troubles in the high tax brackets. If they struck oil, they could deduct 50% to 75% of the drilling expenses from their income, and later deduct 27½% of their annual gross from the well, as "depletion." Moreover, they could sell the well later and pay only a long-term capital gains (25%) tax on the profit. If the well was dry, they could write off the whole cost as a loss, thus cut down taxable income...
Actress Madeleine Carroll crashed the taboo against women in Lamont Library yesterday when she visited it to tell an overflow audience in the Forum Room how much she hated Hollywood...
After performing for servicemen for five and a half years, Miss Carroll went back to Hollywood, even though she didn't like it, because she had nowhere else to go. She stayed just long enough to make "Lady Windermere's Fan" and "An Innocent Affair...