Word: profitable
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Dates: during 1940-1949
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...bill filled its wartime revenue job by boosting annual business taxes over $1.5 billion to a record-breaking $10 billion (total 1941 business income before taxes: roughly $20 billion). It filled a wartime morale job by helping convince big & little businessmen that the U.S. has not scuttled the profit motive. It filled a wartime need for greater and more efficient production by allowing those who achieve it to keep part of the profits as their reward...
...There is no standardized rate of profit allowed," he said, noting that the decision in each case depends on such factors as the risks assumed by the concern. "It obviously is not fair to award the same profits to a company that is largely financed by the government as are given to one that has put up all the money itself," he said...
...speakers at the Albert Hall rally went beyond Malvern, all made it clear that the once-conservative Church of England intends to play a leading and radical part in social reconstruction after the war. Canterbury, for instance, urged national control of money and land ownership, virtual abandonment of the profit motive, and the abolition of British class distinctions...
...scandal story that sizzled even long-untouchable Jesse Jones: he charged that Basic Magnesium Inc., which had contracted to build and run the plant for the Government's Defense Plants Corp., had bargained so well with Banker Jones that it stood to make a 4,280% profit on its investment. Jesse harrumphed about "statements unworthy of a U.S. Senator . . . false and misleading," and the public forgot. In any case, the exorbitancy of the fees Jesse allowed Basic Magnesium Inc. depended largely on whether you figured it as a percentage of what the new operation was costing the Government (then...
...profit outlook for the chains is even gloomier. When OPA clamped ceilings on retail food prices the chains' traditional policy of cheap buying and cheap selling savagely boomeranged. Most farm prices have kept right on climbing, while most retail prices have remained moored at their low chain-store levels. Even big volume is no cure-all for such a price squeeze...