Word: profitability
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Dates: during 1950-1959
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Even for those who foresee another healthy year for business in 1957, a small worry has been that rising labor and materials costs will knock profits below 1956. Last week, as earnings reports began to come out for the first 1957 quarter, there was less cause for worry. Among companies reporting profit rises in the first quarter or corresponding fiscal period (ending...
...most direct help would be an overall tax cut. Both Democratic and Republican Congressmen have introduced measures to aid smaller firms either by raising the profit point at which the 52% corporate tax rate becomes effective, or lowering the tax rate for profits under $25,000. A Cabinet committee appointed by the President recommended a cut from 30% to 20% for corporations with earnings of less than $25,000. But the Administration, harking to Treasury Secretary George Humphrey's firm opposi tion to tax changes involving more than a "minimum" revenue loss, has so far regarded direct tax cuts...
...raising the rates on advertising Congress would move toward eliminating the annual postal deficit. While there is not a categorical imperative to operate the department without a loss, the profit-seeking advertiser should bear the full burden of his cost to the government. Summerfield should couple with his present demands a new rate schedule which would bring this adjustment about...
...think this House will start out with the most tremendous possibilities and challenges," Bullitt said. He pointed out that the new unit would profit from the combined experiences of existing Houses and could be a "distillation of the best in the system...
...said last night that the subject-matter of this tutorial would be "up to the individual student." He suggested that qualified students might profit from devoting their junior year in History 99 to their "particular interests" within the field of history...