Word: pays
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Dates: during 1930-1939
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...public he was only a name until he wrote one of his first Supreme Court decisions-the Panhandle Oil Co. case. His decision: the Panhandle Oil Co. need not pay a Mississippi State gas tax on sales made to the U. S. Coast Guard, because the company's part in such sales made it a "Federal instrumentality" and thus it could not be taxed...
Although M. Reynaud is known to believe in a "pay-as-you-go" policy as far as possible in this war, the real story of French war finances was not to be revealed until the Finance Minister presents the military budget, which will be drawn up every three months. Meanwhile, to defray the increased costs, both civilian and military, taxes went up. The so-called extraordinary income tax was raised from 2% to 5% on low incomes and to 15% on incomes above $155 monthly earned by male noncombatants of military age. Other new taxes included the upping of postal...
While France's Paul Reynaud and Britain's Sir John Simon put their heads together to strengthen the external economy of the Allies (see above), one of Britain's leading economists advanced a notable plan to strengthen Britain's internal economy, to help pay for the war while it is being fought, to help smooth the economic bumps which must be felt when it is over. Author was "The Stinger in the Triple Bromide"-Economist John Maynard Keynes, who, as a member of the Economic Advisory Council and secretary of the Royal Economic Society, frequently stimulates...
...Keynes added that British soldiers' pay might be raised similarly, by "the reward of deferred consumption" instead of cash. Instead of more pay now, Tommies would receive savings certificates ("bonus") which, when war ends, would enable them to share in the increase of consumer goods which would then ensue, thus benefiting both themselves and the national economy...
Harvard's running attack is built on a firm foundation, and it will take more than an inspired bunch of Elis to prevent it from reaching pay dirt at least once. Bill Stack is a fine center, Bob Brooks and George Seabury are a pair of powerful tackles, and Cape Burnam and Jim Dern are capable guards, but the pressure on them Saturday is going to be terrific. Moreover, the reserves for these men have the doubtful distinction of not having worn themselves out against Princeton. They sat on the bench all afternoon and picked up valuable experience...