Word: taxed
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Dates: during 1940-1949
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...Raise. Herbert Hoover, one of the hardest pluggers for a raise for Harry Truman, declared that the President was lucky if he had enough left out of his salary for cigarette money (Truman doesn't smoke). Actually, Truman told friends, after he pays his $30,000 income tax, he averages about $80 a week take-home...
Indiana's ponderous Republican Homer Capehart sensed a "sinister motive" in the bill. Georgia's Democratic Walter George saw nothing sinister about it but slyly suggested: Why not tax such expense allowance? "If the tax is too burdensome," he said, "when the President asks us to raise $4 billion additional taxes, he will have a gentle reminder of what it all amounts...
...salary bill (68 to 9). It was as nice a raise as anyone would get in the U.S. in 1949. The same bill raised the Vice President's and the Speaker's salaries from $20,000 to $30,000, and gave them each $10,000 in tax-free expense money to boot. The House passed the bill this week...
Winchell's reference to an investigation of Forrestal's old Wall Street firm concerned a Senate committee hearing in 1933 on financial trading. Forrestal pointed out: "I stated that the applicable tax laws of the U.S. and Canada had led me to make" an investment in 1929 in a Canadian company. In effect, he had found a way to postpone tax payments. That same year (1929), said Forrestal, he had paid upwards of $300,000 in federal and New York State taxes. It was his behavior as a friendly witness in the Senate hearing which prompted Roosevelt...
...believe it is unethical," Forbes stated, "and until a referendum is held. I have no intention of paying this tax...