Word: pretax
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
While U.S. employers have reason to complain about soaring labor costs, the fact is that wages have been rising much faster in other major nations, notably those of Western Europe. Between the 1958 start of the Common Market and 1965, U.S. workers' pretax wages went up 14%. During that seven-year period, pretax wages jumped 25% in Italy, 29% in France, 40% in Denmark, 41% in The Netherlands, and 53% in West Germany...
...sure, European workers, having started lower, still have a lot of catching up to do. The average American factory hand collects $108 a week before taxes. By contrast, the British auto worker last year had a pretax income of $63 a week, the German $55, the French $43. But income figures are only part of the equation. When living costs, government services, and the many immeasurable fringe benefits are added in, the balance - while still favoring the American worker - is distinctly less lopsided. The fringes, for example, account...
Such pressures hold down the price the public pays for autos-but they squeeze a lot of dealers. Though some top outlets in big metropolitan areas show profits well over $100,000 a year, the average U.S. dealer netted a pretax return of only 2.4% on his sales volume during the first half of 1966, according to the National Automobile Dealers Association. Worse still, while auto manufacturers completed their second biggest model-year, 101% of their dealers...
...many consider it, inflationary-side were figures indicating that during 1966's first quarter, pretax corporate profits were 11% higher than a year ago. The gross national product, was up $16.7 billion to an annual rate of $714 billion, but Washington expects the pace to slow in the second quarter...
...Eastern Airlines announced that after turning a planeload full of red ink into profits last year, it is continuing in the same pattern; for the first quarter of '66, Eastern, under President Floyd Hall, had pretax earnings of $13.8 million, an increase...