Word: nubbin
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Dates: during 1930-1939
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...surplus. It also forces not-so-rich corporations to pay out, in dividends, earnings which they may need for capital expansion, or to pay debts, or as insurance against lean years. When Chairman Pat Harrison of the Senate Finance Committee managed to carve this tax down to a vestigial nubbin of 2½^% last year, Franklin Roosevelt was so angry he would not sign the bill...
...surplus. It also forces not-so-rich corporations to pay out, in dividends, earnings which they may need for capital expansion, or to pay debts, or as insurance against lean years. When Chairman Pat Harrison of the Senate Finance Committee managed to carve this tax down to a vestigial nubbin of 2½% last year, Franklin Roosevelt was so angry he would not sign the bill...
...That nubbin appealed to newshawks...