Word: tags
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Dates: during 1940-1949
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...took over the headlines. The radio returned to straightforward entertainment. Here & there a deadlocked election still awaited the final count. There were the customary post-election cries of fraud, demands for recounts, for changes in the rules. But for most people the campaign was over and done with. Some tag ends...
...same prophecy has been made weekly for six weeks. For the Excess Profits Tax, though nobody likes its present shape, is a defense "must." Franklin Roosevelt has declared that U. S. rearmament must make no new "war millionaires." He therefore attached an excess-profits tax, like a price tag, to two other pieces of defense legislation that businessmen, the Defense Advisory Commission, the Treasury, the Army & Navy all wanted: 1) repeal of the Vinson-Trammell Act's profit limitation on plane and warship orders; 2) permission for defense manufacturers to amortize new plants (for tax purposes) in the short...
...suspects and most of the guns were identified as contraband, smuggled from Brazil after President Getulio Vargas put down an Integralistas (fascist) revolt there in 1938. Complete storm-troop kits were discovered, each containing two revolvers, a supply of hand grenades, a Nazi dagger, a steel helmet, an identification tag and iron rations...
...this unanimity did not produce results because the President figured that once he let business have what it wanted, his Congressional opponents would hold up a third matter he wanted just as much -an Excess-Profits Tax. He therefore decided to attach the excess-profits tax like a price tag to the package business wanted. Last week, Congress' tax-originating body-the House Subcommittee on Internal Revenue Taxation-sent package and tag to the House Ways & Means Committee. In the package were the 20% depreciation allowance, the repeal of the Vinson-Trammell restrictions, as expected. Business' eyes fastened...
...that it would let slip the most profitable corporations. But their biggest objection was to the 20% depreciation allowance and the Vinson-Trammell repeal. Calling the latter "bribes" to induce manufacturers to do their duty under the Defense program, they would have preferred to hand business a bigger price tag with no package at all. Objection 2 came from the conservative wing, some of whose members also objected - for a different reason - to tying the tax bill to the depreciation and Vinson-Trammell "bribes." Their case: uncertain ty about depreciation and a profit ceiling is delaying the Defense program. Those...