Word: taxed
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Dates: during 1950-1959
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...Senate, by voice vote, passed a bill to increase federal income taxes on U.S. insurance companies from $319 million this year to $500 million. The bill had the endorsement of 34 life insurance companies who write 70% of U.S. life insurance. They would have had to pay even more under an old tax formula, which was to take effect again this year when current stopgap formulas expire...
...Sent a sharp, unprecedented (for him) message to Congress demanding "urgent consideration and action" on three items that he had requested last January: an increase of 1? a gallon in the federal gasoline tax to keep the pay-as-you-go highway program going, increased mortgage-insurance money for the Federal Housing Administration, a new bill to correct the dramatic failure of the support and control program for wheat...
...rule." So it was not until 1956 that the Northern Region held its first direct elections to its Assembly, not until this year that its rulers finally got around to accepting self-government. Even today the emirs can appoint kadis (Moslem judges) with complete authority to fine, jail and tax...
...June 1958, therefore, the official headquarters of Veritas action moved from Boston to New York, where the Foundation was formed with three new officers as Trustees. Set up as an "educational group," the Foundation claims tax-exempt status, "in the opinion of counsel"--an opinion which has yet to be tested. As any member of either group will admit, the now inactive Committee and the new Foundation are one in spirit, and cooperate closely...
Then what of church schools that keep high academic standards and teach religion as well? Agnostic Lekachman warmly supported the right of churches to maintain them, and just as warmly opposed tax aid for them. The public school has "primacy" in a free society, he felt, because it is "an ally of social tolerance, class fluidity, and the open mind." It is the one agent that may postpone choices "until they can become the acts of adults rather than the reflexes of children . . . The public school is too valuable to encourage alternatives to it." With much of this Rabbi Gordis...