Word: taxes
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Dates: during 1930-1939
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...time the check arrived, Pearl had made some resolutions, had theadvice of long-armed Negro Lawyer Raymond Pace Alexander. They ducked well-wishers, salesmen, and returned $2,133.90 to the County Relief Board. They paid their debts, set aside $57,588 for income tax, redeemed the precious things they had pawned. Then they drew a deep breath and cautiously began to acquire a few of the things which, in their wildest moments, they had dreamed about. Pearl got her new home ($3,000) and furniture. Ben got a Packard; Frances, 10, the whole set of Wizard of Oz books...
...council assembled last week, the Fathers of the busted City of Brotherly Love adopted a desperate measure. They levied a flat 1½% income tax on all wages or salaries earned in the city.-Beginning next Jan. 1, everybody's paycheck may be clipped-whether they are bankers, WPA-sters, or suburbanites who live elsewhere but work in Philadelphia. Only ones sure of exemption are corporations, which already pay a State levy and cannot be doubly taxed. A few unions squawked that employers would have to up wages 1½%. But the mass of citizens sleepily accepted the fact...
...borrow money so that Associated can pay off an $8,589,-980 (8%) bond issue which is due March 15, 1940. Also overdue is $5,780,000 owed the U. S. Treasury by Associated as the balance of an $8,700,000 settlement of a $50,000,000 tax claim. Mange wants RFC to lend NY PA NJ enough to pay off the bonds, pay the taxes; he is also asking for another lump for construction, $26,500,000 in all. The catch is that SEC must approve NY PA NJ's passing any part of the loan upstream...
...White House if he had not been shot in his own skyscraper capitol in 1935. Huey never had much use for a free press. He reserved State advertising, State printing for papers that backed his cause-including Louisiana Progress, which he owned himself. Once he tried to tax every daily in Louisiana out of existence, but the U. S. Supreme Court held his act unconstitutional...
Complaints. Railroad men have many a complaint against the economic conspiracy which has ruined their business. One big complaint is against the tremendous rise in taxes and wages which they have to pay. In 1916 taxes took 4.4% of gross operating revenues. By 1938 the tax percentage had gone up to 9.5%, $340,781,954. Wages took 28.3% of gross revenues in 1916. But in 1938 employes got close to 50% of the roads' $3,565,000,000 gross...