Word: taxed
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
Proprietor of this "Franklin Terrace" Project is the Princeton Housing Authority, from which Inventor Lambert accepted tax-exempt bonds for his $30,000. They will be amortized over 28 years and meanwhile pay him 4% interest each year on the balance outstanding. After 28 years the land & buildings will become the Borough of Princeton's property, Inventor Lambert will have his $30,000 back, and the Franklin Terrace occupants will have had brand-new Housing nowhere else available at $6.25 per room per month (plus $3 per month per unit for heat...
...special inducement for private capital to enter this wide new rental market is needed-in huge chunks supplied promptly by big corporations from dormant surpluses instead of in pooled driblets as suggested by President Roosevelt-it could be provided in a variety of ways: by offering tax-free securities of local housing authorities (as at Princeton), now available in 37 States; by insuring mortgages on the properties through FHA with a limited return on the equity; by offering some degree of Federal tax exemption to private capital entering the field...
President Roosevelt last week (just before elections) shied off all suggestions of tax-exemption in his aloof discussion of the Lambert Plan, but Inventor Lambert had an argument appealing to more than one New Dealer: tax exemption would cost the Government nothing, since much of the capital contemplated for the vast Housing market of Phase No. 5 is now lying idle and untaxed anyway, and the stimulation to industry would increase the revenues of the Treasury...
Appointed special master to recommend on the issue to the Supreme Court of the U. S. was Lawyer John S. Flannery of Washington. Last week Master Flannery made his report, and Massachusetts, with a tax claim of $4,947,008, was his pick...
Dodging State taxes was, reported Master Flannery, a preoccupation of Colonel Green, as it had been of his mother. He had managed to pay no income taxes to any State by the simple process of citing to the tax collectors of each his residence in the others, especially Texas. Sharply condemning "migratory millionaires," Master Flannery opined that "conduct is of greater evidential value than mere declaration of intent...