Word: speedups
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...lenders anywhere seem willing to take on new corporate customers, and many now insist that companies keep hefty cash balances on deposit if they want credit. It is getting harder to keep those deposits up. Last week corporations made their quarterly income tax payments, and because of the speedup in collections this year, the bill came to $8.7 billion, nearly 17% more than last year. Partly to pay their taxes, and partly to finance expansion plans, companies abruptly reduced their long-term "certificates of deposits" in commercial banks by nearly $500 million, thereby diminishing the resources that banks have...
...hike before November. Now it is probably too close to election for him to risk a tax increase, unless a major expansion in Viet Nam spending leaves him no other choice. Instead, the President has fought inflation by using the old jawbone technique and several new devices, including the speedup in withholding taxes. Most important, he has depended on Chairman William McChesney Martin and the Federal Reserve Board to cool off the economy by tightening credit and raising interest rates...
...spending amendments that would have subtracted more than $1 billion from the total. The most costly proposals were finally killed in a Senate-House Conference (see The Congress), and the bill's major provisions survived, notably the restoration of excise taxes on phone calls and automobiles, and a speedup in the collection of corporate and personal income taxes...
...hopes to revitalize Parliament, which had become little more than a rubber-stamp assembly, receiving bills only after the Cabinet had put them in all but final shape. With a majority of his own, Klaus intends to use Parliament to shape his legislative program. Tops on his list: a speedup of negotiations for Austria's associate membership in the Common Market, incentives for greater economic growth and better public housing...
Johnson has used several major devices to substantially increase the Government's income. One was a speedup in income tax payments, which obliges corporations to pay earlier in the year and raises the withholding rates for high-income individuals. This will add $3.6 billion to Government revenues for fiscal 1967, but absolutely nothing in future years. The budget also profited from the great coin shuffle, though the shuffle was not primarily intended to aid the budget. By putting less silver in its coins to alleviate the silver shortage, the Government expects to collect a windfall of $1.6 billion from...