Word: taxed
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Dates: during 1950-1959
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...became chairman of the Congressional Campaign Committee in 1943, paid off by 1947 in the party's first House majority for 16 years. As Joe Martin moved up to Speaker, Halleck overrode Taft regulars to become majority leader, ramrodded through bills such as the Taft-Hartley Act and tax-cutting measures. Promised -he says-the vice presidential nomination in 1948. Halleck took Indiana votes to Tom Dewey only to see Dewey nod to California's liberal Governor Earl Warren. Halleck has never lost a chance to tell Dewey that the 1948 vote would have gone Republican...
...most thunderous roar to come out of the West in recent years has been caused by Hollywood stars stampeding toward that newer, more refreshing substitute for the old water hole-the tax hole. As stars went into business for themselves or took percentages instead of salaries, Hollywood's finances have become more spectacular and complex than its love life...
...Staggering Fine. In 1949 his luck wavered. Found guilty in Paris of speculation, tax evasion and "illicit profitmaking," Joanovici was sentenced to five years in prison and fined a staggering billion francs (roughly $3,000,000). After serving two years, he was let out but confined to the small southern city of Mende (pop. 7,700) in one of the most impoverished areas of France. Within months, Mende was a boom town. A telephone operator had to be hired whose sole job was handling Joanovici's calls to world capitals. His monthly phone bill ran to 600,000 francs...
...which Joanovici "regretfully announced" that "I am not able to earn enough money to reimburse the state . . . therefore I am compelled to leave France." Days after his departure, the police unearthed a vast financial scandal: groups of businessmen had looted a billion francs from the treasury by obtaining tax rebates on nonexistent metals and other goods. Said the chief accused, one Pierre Bercque: "I was just a cog in the machine. The real boss of our outfit was Joanovici...
...yakskin suits surrounded the Maharajah's yellow palace at Gangtok (pop. 7,000), a capital of doll-like houses with blue pagoda roofs, perched precariously 6,000 ft. up a mountain. In a bloodless revolution, they got their demands for an elected national council and an end to tax collection by landlords. But after a 29-day experiment in democracy, the Maharajah dispatched an S O S to India...