Word: taxes
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Dates: during 1940-1949
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Some major matters he avoided completely. There was no mention of portal-to-portal pay, of income-tax reductions, of such an old troublemaker as FEPC. Foreign policy and foreign trade he dismissed with a lick & a promise-and an aside on "the difficulty of reaching agreement with the Soviet Union on the terms of [peace] settlement." One of his few specific requests was for the continuation of war excise tax rates-which he himself had just lifted by abruptly announcing the termination of hostilities (see below...
...natural wild mink coat, on sale after Christmas for $3,300 (with a 20% tax), would sell for $3,025 (with only a 10% tax). A half-ounce bottle of Chanel No. 5, now costing $12 with tax, would cost $11. Mrs. Cornelius Vanderbilt's Monday nights at the Met would cost her $1,221 a season instead of $1,320. A bottle of bonded bourbon, now selling for $6.90, would cost 60 less...
...housewife it didn't mean much. The tax on electric light bulbs was cut from 20% to 5%; on local telephone calls, from 15% to 10%; on railway and plane tickets, from 15% to 10%. But existing federal taxes, not touched by last week's action, would still add 7 to the cost of a pack of cigarets, 10% to the cost of radios, phonographs, electric appliances...
...things Harry Truman recommended in his State of the Union speech was that Congress put the excise tax right back...
Connecting with his relationship with Miss Prince was a $3.26 entry in Parkhurst's Cambridge Trust Company checkbook. The check was made out to the Tax Collector of South Hamilton, Miss Prince's home...