Word: taxes
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Dates: during 1940-1949
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...some hearty laughs. When a single boo rang out amid the cheers with which he was greeted before his speech in Los Angeles' Elks Temple, he ad-libbed: "Fellow Republicans and a Democrat, I hope!" When a questioner asked him when the income-tax law was going to be simplified, he said: "You know the income tax law is really very simple for most people. You just fill out a form, turn it over to check what your income is and that's the end of it. ..." A gale of laughter halted him, startled him, and then obviously...
...your Sept. 1 issue . . . the Truman tax policy was explained: "Cut the debt by taxing heavily in prosperous times...
...hours in his "Bombshell" (TIME, April 28), said that he wanted to free himself "to devote more time to aviation research." Lamb had a different reason. If he and Reynolds died now without their assets in liquid form, he explained, their families might have rough going because of inheritance-tax problems. Neither mentioned another possible reason: the tremendous outpouring of underwater pens has just about submerged the market. The Reynolds price has dropped from $12.50 to 69? apiece...
...Come-on. Sagging fur sales caused Manhattan's Bonwit Teller store to try a new selling come-on. In full-page newspaper ads, it promised refunds to match any congressional reduction in the 20% fur tax before...
Hollywood is in the dreadful predicament of a pauperized nabob suddenly reduced to four limousines. Oldtimers are telling newtimers that the town has never been so scared. Chief apparent reason: the new "confiscatory" British tax, which would rob Hollywood of its comfortable profit margin (TIME...