Word: payments
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Dates: during 1950-1959
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...cheapening by inflation of every dollar you earn, every savings account and insurance policy you own, and every pension payment you receive has been halted...
...assistance were abolished. The official data show that the States as a whole would lose about $284,000,000 and the poorer States about $110,000,000 a year under the U.S. Chamber of Commerce original proposal (which according to its cost estimates contemplated a Federal payment of $25. a month per aged person). Subsequently, the U.S. Chamber of Commerce boosted the amount to $30. month, but even so the States as a whole would still lose $170,000,000 a year and the poorer States...
...state that "the Chamber of Commerce wants a flat contribution instead of the present payments sealed according to income." The Chamber of Commerce favors the present social security tax system whereby taxes are imposed on the first $3600 of income and are shared equally between employer and employee. We are unalterably opposed to what you accuse us of favoring--the payment of social security benefits from general taxation. You may be interested to know that we have not opposed the increase in the social security tax from 1 1/2 to 2% on January 1, 1954. Incidentally, Congressman Curtis has also...
Details of the transaction, including the price of the properties and terms of payment, would be worked out in a friendly spirit with United Fruit, he emphasized, especially since the sale would have to be amortized over a long period of credit from the company. Figueres reported that he had already outlined his plan to United Fruit's board chairman, Thomas Jefferson Coolidge, when Coolidge visited San José last month. "I explicitly told Coolidge," the President said, "that it is not the intention of my government to nationalize the industry by expropriation or any violent measure . . . The sale...
...scheduled to go into effect in 1943, was postponed after a fight led by the late Senator Arthur Vandenberg.) Some Republican Congressmen argue that the 10% cut in income taxes on Jan. 1 will be more than offset for workers in low tax brackets by the larger social-security payment. Actually, this is a weak argument. At the new rate, unmarried workers will get less take-home pay only if their taxable incomes are under $800 a year: married couples without dependents only if their income is less than $1,500, and families with two dependents if they make...