Word: taxed
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Dates: during 1930-1939
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...actually drafts the Congress' masterpieces of unintelligible taxation is the legislative counsel to the House of Representatives, Middleton Beaman. A shy, caustic genius, he has spent two decades trying to keep one jump ahead of the collective brains of the nation's ablest tax lawyers. Between Drafter Beaman and the lay members of the inner circle stands another wizard. Tax Expert Lovell H. Parker, chief of staff to the Joint Committee on Internal Revenue Taxation. Wizard Parker has the all important job of calculating how much revenue a tax will yield, whom it will affect and how. Great...
Only other officials who speak the same language as Messrs. Vinson, Beaman & Parker are the Treasury's tax experts. Most of them are better versed in the application of their recondite science than in its theory. But it so happens that the man who knows more about the theory of Federal taxation than anyone in Washington is Under Secretary of the Treasury Roswell Foster Magill. And the new tax bill is at least his stepchild if not his own baby...
...Tax Man. Eventually, Mr. Magill would like to see the U. S. tax structure meet the three tests he has set up for the ideal system-adequacy, simplicity and fairness. He can demonstrate with overwhelming clarity that the present system fails on all counts. The new tax bill is to him merely a first step in the right direction...
...farm a foot-high locomotive chuffs over 600 yd. of miniature track, while its owner potently sits on the boards of such full-sized lines as Great Northern and Illinois Central. Five years ago Railroader Astor purchased five acres of Bermuda's 19 square miles of tax free soil,* began to build a lordly tropical house, "Ferry Reach," and meantime extended his land along the waterfront on St. George's Island. Main difficulty was that "Ferry Reach'' was a fatiguing 850 ft. from the boat house where visitors ordinarily landed. Last week this difficulty was overcome...
...scheme goes back to 1935 when the California Chain Stores Association hired the big Chicago advertising agency of Lord & Thomas to help it defeat a chain-store tax (TIME, Nov. 9, 1936). Lord & Thomas put young Theodore W. Braun on the job. Ted Braun had made something of a reputation as a marketing counsel in Los Angeles. As general manager of the anti-chain-store-tax campaign, he taught California farmers that the chain stores were their customers and friends, and the tax was defeated. As part of Ted Braun's anti-tax campaign, the National Association of Food...