Word: profitable
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Dates: during 1940-1949
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...addition regular corporate income taxes were to be upped from 24% to 30% by a new surtax. Base of the excess-profits tax (which takes up to 50% of a corporation's remaining income) was broadened. The net effect of all these income taxes would be virtually to suspend the profit motive for the duration (see p. 77). And gift and estate taxes would be broadened and boosted...
...favorite Marshall theme of late has been the U.S. Army's technological debt to the Germans. Last week he frankly expounded this subject. Not until two months ago, said he, did the Army learn the details of the German campaign in Poland, the Lowlands, France, and begin to profit in full from the lessons. The organization and tactics of German air and armored forces, especially the coordinated use of air and land forces in simultaneous attack-all these, General Marshall confessed, were astounding news to the peace-starved, peace-drugged U.S. Army...
...businesswoman for president: elderly, pleasant Mrs. Florence McConnell Rogers, Minnesota-born, who used to be an executive assistant to the president of the Bank of the Manhattan Co. No altruistic institution, Tuition Plan pays its way, expects before long to give its small list of stockholders some profit. It hopes to make a bigger dent in colleges next year. Biggest clients thus far: Pennsylvania's Haverford, New York's Hobart...
...wonders," he went on, "whether we in the United States will be far-sighted enough to profit by the example." It was probably with this in mind that President Conant sent a letter recently to all men at Harvard affected by the draft, advising them to decide immediately whether or not they wished to seek determent...
...these professions had been allowed to volunteer at the start, or had been drafted, the shortage today would be very serious indeed. One wonders whether we in the United States will be far-sighted enough to profit by the example. The question touches both our national defense and the continuation in time of dire emergency of our centers of advanced teaching and research...