Word: profitable
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Dates: during 1940-1949
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Taxes. No matter what the Treasury proposed, Congress was likely to pass a pay-as-you-go income tax plan, a sales tax, compulsory savings. It was more likely to increase taxes on individuals than to risk breaking the profit motive by heavier loads on business. But nobody expected Congress to vote the $16,000,000,000 of new revenues that the President called for. A likelier figure...
...More than in any other service youth runs the Air Forces. Frequently a man in his early 20s commands a bombardment squadron worth $5,000,000 to $10,000,000 in equipment alone. Most have no business training, though each unit is a business which must turn in a profit. Once Arnold's system is in full operation, a Stat officer will be attached to each Air Force unit down to the farthest squadron. By instituting a management-control system, General Arnold hopes to up those profits in terms of damage to the enemy and conservation...
...plain fact the relation of net profits to gross business told quite a different story. Thus New York Ship, which in 1939 earned a net profit of about 3.6% on a $25,000,000 business, in 1941 earned only 3.2% on $95,000,000. On the basis of OPA figures, the relation of net to gross for 100 prime contractors in 1941 was 7.9% In 1942 the net profits of most corporations will show a substantial decline...
...money ($1,500,000), Rubberman O'Neil got a going concern which has made a respectable profit for the last 20 years. Founded in 1922 by sharp, balding John Shepard III, the network owns four stations outright (Boston's WNAC, Providence's WEAN, Worcester's WAAB, Bridgeport's WICC), has contracts with 17 others. It is, in turn, affiliated with the Mutual network...
...Nanking, once futilely ordered Starr and Gould deported. Through it all, by sticking rigidly to their pledge to "follow the American newspaper tradition of free speech," Starr and Gould finally lifted their fledgling publication into the black. By Dec. 7, 1941, they were averaging $35,000 a year net profit...