Word: normalization
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Dates: during 1930-1939
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...from the 4% normal tax to be paid by individual stockholders on dividends currently exempt from the normal...
...silents, he isn't going to give it up because some fool invented a way to make the flickers squawk. And being old-fashioned, he restores slapstick to its lusty youth. It dazzles by the force of its mad pollmell succession. The tempo is definitely stepped up way above normal; the old trick for preventing lag is remembered...
...manufacturers' sales tax at 5%: $530,000,000. An increase of the normal income tax from 4% to 6% : $121,000,000. Higher surtaxes in $3,000-to-$100,000 brackets: $226,000,000. About 30 excise taxes on farm products at rates lower than the extinct processing taxes: $221,000,000. An increase of the Federal gasoline tax from 1? to 1½?per gal.: $80,000,000. Louder groans than before rose from the House committee. Compared to these burdensome taxes, with their low yield, the President's tax on undivided profits seemed the least...
...declare the same dividends with the result that it would have to pay 35% on the remaining $500,000. Thus the Government would get $175,000 in taxes and the corporation could still add $325,000 to surplus. Stockholders, on their own account, would have to pay the 4% normal tax on their dividends-$20,000 in taxes. Thus the corporation would be out an additional $15,000, the stockholders an additional $20,000. The Treasury would gain $35,000 in tax revenue which would be the equivalent of an increase of the present average corporation...
...clock, the patient was again reported normal...