Word: soaks
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Celebrated slick-paper Fictionists Patterson McNutt, Grover Jones, Gene Fowler, Nunnally Johnson wrote a story, signed it "Don Marquis," sold it to the 'Saturday Evening Post, to Paramount Pictures. To Author Donald Robert Perry ("Don") Marquis, (The Old Soak), ill in bed, went the two checks as a present...
...Soak the Rich!" Although Communist supporters of the Blum Cabinet demanded an immediate soak-the-rich confiscation of part of all great French fortunes last week, Socialist Finance Minister Vincent Auriol backed water so much from this position that his motto might have been, ''Don't Soak the Rich...
...popular soak-the-rich measure, the capital gains tax places an unreasonably heavy levy on any profits made through the sale of securities on the open market. Briefly, if an investor bought General Electric Common at twenty and attempts to sell at thirty-seven, his seventeen dollar profit is so heavily taxed that he is literally compelled to hold on to the stock. The result is fatal to market stability. At a period of bullish enthusiasm when the number of buyers is unduly stimulated, the number of those who naturally be sellers is artificially restricted...
...principle of taxation deliberately applied in order to help, rather than hinder, the natural workings of the capitalistic system; to lessen, rather than increase, the growing rigidities, would appear to be essential if that system is to survive. As compared with Soak-the-Investor taxation, and the rigidities of monopoly, price fixing, wage fixing, and output fixing of the N.R.A., the Wagner Bill, and the A.A.A., this new principle looks like something straight from the angels. It is extremely sad that Roosevelt should again have betrayed what promised to be a great idea by the stupidity with which he worked...
...laborers. This I know-that permanent prosperity is dependent upon both capital and labor alike. I also know that there can be no permanent prosperity in this country until industry is able to employ labor, and there certainly can be no permanent recovery upon any governmental theory of soak the rich or soak the poor...