Word: refundings
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...many people questioned the logic of the program. A homeowner in suburban Wilmington, Del., sarcastically observed: "I think it is a fine plan. I am going to put the refund in the bank and use it to pay the gas tax." The Wilmington Evening Journal criticized the plan as "somewhat circular. The ordinary taxpayer is apt to get a bit dizzy watching that circle revolve...
...American motorists and buyers of other petroleum products. Gulf protested that the transactions between its subsidiaries were entirely proper. It will have ten days to persuade the FEA of that; if it can not, the agency can order gasoline and other product prices cut deeply enough to in effect refund the overcharge. The case is the first of several that FEA expects to bring against major oil companies. Charles Owens, FEA price-control chief, suspects that the oil giants as a group have made overcharges totaling as much as $150 million...
...cent rebate and the total sales volume are increases over last year's figures. Last year's total sales reached $18.9 million, giving members a refund of 6 per cent on their Coop purchases...
...Harvard Cooperative Society plans to increase its membership rebate to 7 per cent and to refund about $750,000 to members this year, Howard W. Davis, general manager, said yesterday...
...refund, which cannot be determined exactly until after the current fiscal year closes on June 30, will be paid equally on members' cash and charge sales...