Word: taxes
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Dates: during 1940-1949
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...tried a new racial tactic. In last week's Democratic primaries, prospective voters could be required, under a state law passed last March, to swear their faith in "party principles." In Mississippi, Democratic party principles not only mean white supremacy, but include opposition to federal antilynching, anti-poll-tax and fair employment practices laws. The new law was frankly designed to keep Negroes from voting...
...income-tax reduction, twice blocked by presidential vetoes: "In my opinion the tax burden today is more than can be long maintained without threatening the existence of a free economy. We are taking 30% of the people's income...
...legs. It had never been a common man's sport, since the minimum equipment usually includes a string of ponies at a minimum of $1,500 each. Now it was getting too expensive for the rich, too. Obviously no one was going to rewrite the nation's tax laws just to save polo. Millionaire Poloist George H. Bostwick decided that the only cure for the ailing old sport was an injection of professionalism...
...boost of 30% over normal) for plant depreciation. New York's jumpy PM promptly jumped on it, cried that the $6,700,000 was profit that Big Steel had hidden to excuse its boost in prices. Olds conceded that the item was not "presently" deductible for tax purposes.* Thus in the eyes of the U.S. Treasury, it might be considered profit. But Olds claimed that the depreciation was warranted by recent increases of far more than 30% in the cost of replacing worn equipment...
...boost or his boot. Frankly, loudly, obstinately and often, he had declared his stand. Some of his views (his opposition to David Lilienthal, to universal military training, to the State Department's Voice of America) had brought a storm of criticism. Other views (on the labor act, on tax-cutting) had won him both praise and condemnation. But nobody, friend or foe, could accuse him of not speaking his mind. He was wide open to rocks and cheers all along the right...