Word: taxed
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Dates: during 1930-1939
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Three years ago, with an angry blast at California's then new 15% income tax law and a comparison of tax collectors to gangsters & gunmen, William Randolph Hearst changed his legal residence from California to New York. Lately, Mr. Hearst has been having his prodigiously scrambled possessions audited, consolidated, made liquid by a new set of exchequer chancellors (TIME, March 14, et ante). Last week, for reasons best known to his tax experts, William Randolph Hearst wrote a letter to Assessor W. M. Hollister of San Luis Obispo County, Calif. announcing that as of January 1 he had returned...
...United Hospital Fund of New York fortnight ago published the first thorough analysis of the financing of those institutions. To run them cost $109,244,000 in the year studied (1934). They received $107,031,000 (44.5% from taxes, 40.6% from patients, 9.3% from contributions, 5.6% from endowment and invested funds). There remained a net deficit of about $2,200,000. Part of that deficit was paid by the United Hospital Fund. Part of it just piled up like an Ally's War debt. And it would have been millions greater if the institutions had been...
...thirds of Philip Morris sales are urban, they wondered whether, with its sophisticated slant, it would ever have truly national appeal. And they shook gloomy heads over the action of New York City (where Philip Morris sells one-fifth of its smokes) in imposing a 1? a package cigaret tax two months ago. Other cigaret companies could pass this on to the consumer. Philip Morris to maintain its fixed price policy must either absorb the tax or reduce its famed dealer profit margin. So far the dealer has either absorbed it or charged 16?. Philip Morris may therefore be forced...
Died. Donald Jolley Foss, 54, Wooster, Ohio, brush manufacturer; in Detroit. In a letter to TIME (Dec. 31, 1934), Mr. Foss started a readers' controversy by calling burial expenditures "heathenishly extravagant," advocated a 100% tax on them. Last week, under the terms of his will, the remains of Donald Foss were cremated, the ashes scattered on his farm with no extravagant monument to mark them...
...EVERS candidate for TAX COLLECTOR...