Word: supertax
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Dates: during 1920-1929
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...attempts of Kaiser Wilhelm to create trouble in Morocco, exploits since dignified as the "incidents of Tangier and Agadir," the French refused to permit German nationals to reside in the protectorate. The assent of the Reich was obtained only after the French had agreed to suppress the 12% supertax on all German products sold to Morocco...
...practice everyone can bet with impunity. In that sense, there is one law for the rich and another for the poor. . . . The proposed tax is but a recognition of a condition of so-called vice from which the Exchequer has already received large sums, since the income tax and supertax naturally apply to bookmakers as to everyone else...
...heavy death duties amounting to about $1,300,000), an automobile, a horse, carriage and about $100,000. Each of his daughters, including Lady Diana Duff Cooper, famed beauty, received about $100,000. The Duke was unable to leave anything to charity "as the heavy taxation and intolerable supertax render impossible any such action." He hoped that his son, now the ninth Duke, "will not spend his money to purchase unnecessary collections," but will "take care of his properties and the welfare of his tenants." Two young Danes, Neils Ventegodt and Emil Ullskov, both of the Viking Club of Copenhagen...
Comment. Philip Snowden (Labor) : ". . . the worst rich man's budget ever presented"; Mr. Churchill has "compassion" for "the poor, overburdened, starving, unemployed supertax payer. . . . So much for this example of protection, pure and simple, by this greatest apostle and protagonist of free trade, a Tory protectionist Chancellor of Exchequer...
...feels kindly toward the author for having written The Tiger in the House Peter Whiffle and The Blind Bow Boy. But this Countess tale levies a supertax on one's patience, so full is it of bad writing mingled with good, of cheap, pink-necktied flatulence cluttered over real understanding...