Word: taxed
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Dates: during 1950-1959
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...palace, second with his Ford and only at the extreme with his art collection." To make this eventual parting easier, the Indian government has forbidden export of art for selling purposes, has increased hereditary death-duties and, in the future, hopes to use a further Western trick in allowing tax deductions for the value of art objects given to India's public museums. All of this should work wonders for India's already fine multipurpose museums and multi-museum directors like Dr. Prakash...
Washington's Albert Dean Rosellini, 49, son of an immigrant Italian grocer, was a freewheeling Seattle criminal lawyer and 18-year state senator, won his four-year term in 1956. His overoptimism on tax estimates, plus the recession, ran up a $48 million deficit in his first biennium, which he dealt with in this year's legislature-Democratic in both houses by the largest majority since New Deal days-by pushing through tax boosts that set off a short-lived taxpayer revolt. In Protestant-majority Washington, Rosellini shivers at the fear of a Catholic presidential candidate calling attention...
...most aggressive farm groups in this field has been the Nebraska Wheat Growers Association. Four years ago, alarmed at the loss of overseas markets, the Nebraskans started levying a quarter-cent-a-bushel tax on all the wheat produced and sold in their state. The funds, amplified by foreign counterpart (local currency) funds at the disposal of the Foreign Agricultural Service, were used to run wheat laboratories in Lima and New Delhi to test local grains, in the process show mills what good U.S. wheat grades to order to make more nutritious, more bakable bread. The work went over...
...ventures, Ekblom says that he has "sufficient wealth to provide for my family when I am no longer needed in industry." But many another executive has no such security. Says Ekblom: "I don't know the solution. Maybe the men in Washington who make up the tax schedule can do something about...
Died. Maurice M. Milligan, 74, tenacious U.S. Attorney for the Western District of Missouri (1934-45), who toppled the corrupt Pendergast machine, sent Boss Tom Pendergast to jail for income tax evasion; in Kansas City, Mo. Milligan struck the entrenched machine at its vitals: the ballot box. He convicted 259 Pendergast lackeys for fraud in the 1936 election alone. He later lost (1940) a bitter primary race for U.S. Senator to Pendergast Protege Harry Truman, who as Vice President in 1945 closed Milligan's career-by blocking his reappointment...