Word: ruml
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Ever since the Federal Government adopted Financier Beardsley Ruml's ingenious invention of tax withholding back in 1943, the system has been about as unassailable as motherhood. Government officials love it, since paycheck deductions help disguise the size of the tax collector's take. Most taxpayers also approve of withholding as a relatively painless way of parting with their pelf. Only a non-politician of rare courage or naiveté-or both-would dare challenge it. Sure enough, a non-politician par excellence, California's Governor Ronald Reagan, did precisely that last week as he marked...
Died. Beardsley Ruml, 65, economic idea man who thought up the pay-as-you-go tax plan, got it accepted by a reluctant Congress in 1943 with the support of much of the press and, according to a Gallup poll, 83% of the nation's rich, 86% of its poor; of a heart ailment; in Danbury, Conn, on the day U.S. taxes became due. After a lively term as dean of social sciences at the University of Chicago from 1931 to 1933. Ruml became treasurer of Macy's, overhauled its accounting system. Some of his ideas found their...
...Other committee members: Chairman of Harvard's Economics Department Seymour Harris, Economist-Educator Beardsley Ruml, and Economics Professor Walter Heller of the University of Minnesota...
...some of the best educational films ever made. It is the largest producer of school movies, distributes them not only in the U.S. but to 55 foreign nations. Though no moneymaker, it has as impressive a board of advisers as any corporation going-former Senator William Benton, Economist Beardsley Ruml, onetime Assistant Secretary of Defense Anna M. Rosenberg, Psychologist George Stoddard, President Robert Hutchins of the Fund for the Republic, and Social Scientist Ralph Tyler. Last week it was sporting another big name: Chairman-elect Adlai E. Stevenson...
...Among the other charter members: Director Leo Perils of the C.I.O. Community Services Committee; Mrs. Barry Bingham, vice president of the Louisville Courier-Journal and Times; Economist Beardsley Ruml; President John Cowles of the Minneapolis Star and Tribune; Pollster George Gallup; Mrs. Bruce Gould, co-editor of the Ladies' Home Journal; Executive Director Lester Granger of the National Urban League; Pundit Walter Lippmann; Mrs. Eugene Meyer of the Washington Post...