Word: maximum
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Dates: during 1930-1939
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Estates & Gifts. Taxes from i% on amounts over $50,000 to 60% on amounts over $10,000,000. (Old law: maximum of 45% on estates over $10,000,000.) Gift taxes of exactly three-quarters of estate taxes on the same amounts. Increased revenue...
...next fall with the entrance as Freshmen of five or ten selected candidates from the Middle Western States; these Fellows are to receive a stipend of from $200 to $1,000 a year, which may be held throughout the college course with the possibility of an advancement to a maximum of $1,200 annually. These fellowships are to be competed for as prizes by all students regardless of their financial circumstances with selection based on the three qualities of originality, ambition, and initiative...
...crew capable of winning performances in long distances, but it will probably be too ponderous to win the shorter races over first class competitors. However, the substitution of Tommy Hunter at cox just before the race at Princeton will lighten the boat by 2.2 pounds while still allowing for maximum advantage in weight and power...
...altogether new was the character of bids offered by these oldtime operators for mail contracts. The crowd broke into a long whistle of surprise when bids of 17½? and 19? per airplane mile were read off for routes on which "General" Farley had specified a maximum of 45?. The companies, it seemed, were ready to cut their throats and bleed to financial death rather than die of slow starvation without any airmail contracts...
...crowd when the bids of American Air Lines' inscrutable Errett Lobban Cord were read off. On the set-up presented by Mr. Farley, Errett Cord had been expected to underbid the field, capture a virtual monopoly of U. S. airmail. Instead, he bid so close to the maximum on eight routes, that he was heavily underbid on all but the Newark-Boston run. He stood to lose even his old southern transcontinental route, having overbid his nearest competitor for half the run by 10?. Obviously fear of Cord competition had caused other lines to hack down their rates...