Word: net
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Dates: during 1940-1949
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...have very different problems to contend with in their attempt to compete with the professional shows but gain in prestige may more than atone for added worries and possible decrease in net profits...
Bill Wightman plays a varied game at the three position and team with Steve Pratt, who worked his way from obscurity to a varsity racquet last fall. Bud Ager and Ted Bullard newcomers to the Varsity, stroke on five and six court. Bullard providing the climax shots at net for Ager's baseline doubles game. Varsity Schedule April 17 Bowdoin at Brunswick 19 Wesleyan at Middletown 23 Williams 24 Amherst 28 Brown at Providence 30 Cornell May 1 Pennsylvania 5 Dartmouth at Hanover 7 M.I.T. 8 Columbia 12 Yale at New Haven 15 Princeton June 30 Eastern Intercollegiates at Montclair...
...something for everybody. Lifting of personal exemptions from $500 to $600 (and an extra $600 for those 65 or over) would take all or much of the sting out of the income tax for low-income families. For 7,400,000 lower-bracket families (up to $2,000 net income) it meant no more income tax at all. For about 55 of every 100 taxpayers-those with more than $2,000 but less than $5,000 net income-it meant reductions of one-half to one-quarter in what the boss withholds for the Government. Those two groups combined-about...
...other five of every 100 taxpayers there were other benefits. The optional standard deduction was switched from a flat $500 to 10% of net income (so long as it does not exceed $1,000). Thus, the $8,000-a-year man could list $800 for deductions if he does not choose to itemize them. A bigger saving was in a new allowance after the tax has been computed. For the last two years, this has been a flat 5%. In the new schedules, this subtraction would be 17% on the first $400 of tax, 12% on the rest...
...figures (as reported by Variety): Warner: $22,000,000; 20th Century-Fox: $14,000,000; MGM: $11,626,427; Columbia: $3,706,541; Universal-International: $3,230,017. Probable net for Paramount: $33,000,000; for RKO Radio...