Word: profitable
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Dates: during 1940-1949
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Said Bowles: "Dealers will actually realize considerably higher [profit] margins than they did before the war." His explanation: although 1941 list prices permitted dealers a markup of about 24%, cash discounts and losses taken on trade-ins actually reduced this to 12%. Since the present demand reduces the need for high trade-in allowances, Bowles predicted that dealers' actual markups "will be about 75% above the prewar level...
...Price controls should come off as soon as possible. Price and profit limitations should be removed...
...side, Crowther thinks, will be most of the U.S. press, and U.S. exporting industries with a profit-&-loss interest in world affairs. "On the other side, there will be all the many groups who want to stop 'giving,' who want the Federal Government to balance its budget . . . who do not really see the need for Americans to depend on any other nation's aid and good will...
...businessmen, the 1946 tax cuts will provide $3,136,000,000 of relief by eliminating all excess-profits taxes, by reducing corporation income-tax rates by 2 to 4%. This will give industry a cushion against the rising pressure between price ceilings and labor's wage demands, and should help stimulate reconversion and re-employment. But out of every dollar of profit over $50,000, business concerns will still pay the Government...
...Toronto, the Workers' Educational Association of Canada (which sponsors night classes for workers) planned to build a house on a lot it owned on O'Connor Drive, then to raffle it off for profit. Then in the deed to the lot it discovered an ominous clause: ". . . not to be sold to Jews or persons of objectionable nationality." The Association went to court to have the clause annulled...