Word: packagesâ
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Since the President is in a hurry for tax reduction to perk up the economy, he would prefer to put his tax proposals in two separate packages???cuts now, reform later. Many businessmen agree with that approach. Last November the President's Advisory Committee on Labor-Management Policy declared that the tax-reform issue "should not be permitted to postpone action on the urgently needed reduction in tax rates." A few weeks later, the influential Committee for Economic Development argued that it would be "unwise" to let "controversial problems of the tax structure" delay tax cuts...
...company makes a horde of useful products?Lucky Strike (It's toasted"), Egyptian Straights, Herbert Tareyton, Johnny Walker, Lord Salisbury, Melachrino, Naturals, Omar, Pall Mall, Sweet Caporal ("Ask Dad, he knows"), Bull Durham, Tuxedo, Serene, Old English Curve Cut, and many another. Their sales?billions of cigarets and tobacco packages???netted the company $22,238,919 last year. This meant, after preferred dividends were paid, $9.77 a share (par $50) on the $97,639,600 of common and common B stocks outstanding. In 1924 the net income was $20,784,869 or $9.02 for similar shares...
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