Search Details

Word: pay-as-you-go (lookup in dictionary) (lookup stats)
Dates: all
Sort By: most recent first (reverse)


Usage:

Given enough public support, there is still hope that, before next March, some modification of the Ruml Plan will finally become law. One pay-as-you-go bill has already been introduced in the House by Ways & Means Committeeman Donald H. McLean (Rep., N.J.). In the Senate Finance Committee, Republican members Vandenberg and Taft and Democrats Byrd and Chairman George all favor some form of pay-as-you-go. Last week never-say-die Beardsley Ruml was once again campaigning: "Nothing can be gained," cried portly, ebullient Mr. Ruml, "by arguing that people ought to have saved...

Author: /time Magazine | Title: GOVERNMENT: Worse Than Prohibition | 11/23/1942 | See Source »

...Another: forced savings, either by further refundable taxes or by forced sale of bonds. Either will be politically difficult, especially after the Treasury record during this year's framing of the tax bill. Offered a sales tax by Congress, Morgenthau turned it down. He also opposed the pay-as-you-go Ruml plan. Finally the Treasury cold-shouldered Senator George's sense-making Victory...

Author: /time Magazine | Title: TREASURY: Return to Grief | 11/9/1942 | See Source »

...Turned down the Ruml plan for pay-as-you-go income taxes, wavered, said it might be reconsidered in principle...

Author: /time Magazine | Title: Action in the Senate | 9/7/1942 | See Source »

...author of this revolutionary idea is huge, 48-year-old Beardsley Rural, R. H. Macy treasurer and New York Federal Reserve Bank Chairman. Mr. Rural got to brooding on a pay-as-you-go tax when he saw the mess that U.S. business executives get into when they retire on incomes far below their former earning power but still have to pay one year's taxes on what they used to earn. With the U.S. at war, the same sort of thing happens to younger men. So far the Treasury has of necessity been very lenient about demanding current...

Author: /time Magazine | Title: Too Good to Be True | 8/10/1942 | See Source »

...married man in the $5,000 class, whose present tax is $1,000, will have a total tax of $1,878-$500 of it refundable. By such means Canada, which is still boosting its war budget, will continue to meet 52% of its war bill on a pay-as-you-go basis...

Author: /time Magazine | Title: Foreign News: Compulsory Thrift | 7/6/1942 | See Source »

Previous | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | Next