Word: percents
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Dates: during 1940-1949
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Early in the Congressional campaigns of last Autumn, a Republican from Minnesota promised that his party, if elected, would proceed to reduce income taxes by a flat twenty percent "across the board." A fellow partisan from Massachusetts joined the chorus, pledging his own efforts to a slash of one-fifth. Today, four months later, Harold Knutson of Minnesota is Chairman of the House Ways and Means Committee, and Joe martin of Massachusetts wields the Speaker's gavel. The tax-reduction will stands at the head of the legislative calendar as House Resolution Number...
...year to the Bureau of Internal Revenue. Net annual income after taxes, or "keep-home pay, would increase under HRI from $1715 to $1772. The net effect for the $200-a-year man is therefore an income boost of slightly more than two and a half percent. As gross income rises, the kickback under HRI rises not only in absolute terms, but percentage-wise as well. At $5000 a year, the net gain in income would be somewhat less than four percent. At $10,000 it becomes almost six percent...
...Golden Horseshoe brackets the harvest reaches bumper proportions. For the taxpayer with $100,000 of gross income, HRI will prove a net income boost of over twenty-five percent. The fortunate few who earn a half million every year will reap savings of more than seventy percent of current net income. The relative gain at the $500,000 level reaches almost thirty times the "relief" afforded the average laborer, even though the tax cut under the proposed bill falls from twenty percent to ten and a half percent for income in excess...
Graduate study lies in store for 61 percent of the present Senior Class, according to a survey by the Office of Student Placement. A miniscule four percent will go directly into teaching from college, while 25 percent are headed for the business world immediately after graduation...
Leading undergraduate field of concentration for these students was Economics, with Government, History, Physics, English, and Chemistry trailing in the order listed. Just three percent of the men planning advanced business study have applied for admission to graduate schools outside of the University...