Word: taxed
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Dates: during 1930-1939
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...scheduled, Dr. Roswell Magill, called to the Treasury last year as a tax expert, handed the President his resignation as Under Secretary, to return to his teaching and book-writing at Columbia University...
Little did it matter last week to loyal Iranians that the railroad had cost $160,000,000, that its financing out of revenue had bled the country white, had caused a prohibitive tax to be levied on sugar and tea and forced down the exchange value of the currency. Not one rial of foreign money went into its construction. Skipping most of Iran's largest centres, crossing mountain ranges, connecting with no foreign railways, the line is patently uneconomic. But Danish engineers, with the help of U. S., German, Italian, French, Swedish contractors, made it a striking engineering...
Wrote tousled Manhattan Columnist Heywood Broun: "The United States Chamber of Commerce might well profit by a little lecture from Miss Carole Lombard." Miss Lombard's little lecture: "I gave the Federal Government 65% of my wages last year, and I was glad to do it, too. . . . Income tax money all goes into improvement and protection of the country. . . . I really think I got my money's worth...
...must put France back to work!" Upon the 40-hour week Premier Daladier then blamed nearly all of France's financial difficulties, saying it had reduced the production and profits of industry, had thus curtailed the State's tax revenues, injured the economic power and prestige of France, weakened the franc. Next, he rapped Capital for failing to install modern equipment needed in French factories and demanded that these investments be made now, simultaneously with increased working hours for Labor. Finally he promised to reduce taxation of industry to induce business to get going...
Getting down to specifics, Mr. Berle found the undistributed surplus tax defective because "though it retarded growth of existing large corporations, [it] gave them a perpetual franchise, not only to stay large, but to be the only large corporations in existence. No small business could grow up to a point where it could give its larger competitors any real battle...