Word: leveller
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Dates: during 1940-1949
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Robin Hood. Dalton gave the lowest wage group the solace of a cut in income taxes which brought them back to about the 1940 level. The basic rate of nine shillings to the pound (45%) remained. But by lifting the basic exemptions and increasing allowances for dependents, the budget took income tax entirely off about 750,000 low-income Britons. Under the new schedule, a British couple with two children will pay no tax unless they earn more than $28 a week, and they would not pay the 45% rate unless they earned more than $40 a week. The change...
...support program, farmers have maintained production at about one-third greater than the prewar level. "This has of course done more," Anderson claimed, "to hold food prices down and assure relatively plentiful food supplies in this country than anything else. . . . Current price support activities are minor and are exerting almost no effect on food prices...
...when the College is nearer normal, there should be a general plea for an honor system, coupled with determination to enforce it on the student level, it might be put gradually into effect. Such a move could have the advantage of creating a healthier attitude toward college courses and exams, but the result also can be disastrous. The few dishonest people around will stay dishonest and make the honor system a farce unless the social pressure favoring it is enormous, and at the present there is no such pressure. An alternative at some schools that ostensibly have no policemen...
...other stores, the Gold Coast Valeteria and the Minute Man Radio Company, made partial reductions, the latter reducing all radios by 10 percent but leaving record prices at their former level, while the Valeteria cut laundry rates 10 percent but left its cleaning charges untouched...
Pulse-beats have been increasing indirect ratio to the boosts in stroke-beats on the Charles lately as the Varsity crew's first regatta looms larger and larger on the weekend horizon. Anticipation is on a unique level because Saturday's race with Princeton and M.I.T. is the crew's only appearance before the home crowd this spring...