Word: ifs
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Dates: during 1930-1939
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4) Capital stock and excess profits taxes. (Under existing law a corporation declares, i.e., guesses at, the value of its capital stock every three years. If its profits amount to more than 10% of the declared value, which may be anything, taxes may be "inordinately high.")
All of which convinced many an observer, expert at noting recent trends & trivia of politics, that if the Democratic Party was still sponsoring the New Deal in 1940, Franklin Roosevelt was their man. Who but he had the personality to be elected on a spending-lending platform? Harry Hopkins? Harold...
But Democrats also can-and sometimes do-jail Democrats. The high moral character of Democrat Frank Murphy, who says he has never made an appointment for purely political reasons, permits no recognition of party lines if Evil is involved. Attorney General Murphy's men put mighty Boss Pendergast of...
> Abolish lump-sum payments to the survivors of insured dead, substitute monthly pensions for widows and dependent children until they are 16 (18 if they remain in school. )†
^Permit the States to reduce their unemployment insurance contributions, if their reserve funds are at a safe ratio to their minimum annual outlays. In the 39 States whose reserves are in a condition permitting reductions, employers stand to save $200,000,000 to $250,000,000 in 1940. > Limit the...