Word: taxes
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Dates: during 1940-1949
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Reporters on a daily drudge through the Surrogate's Court in Poughkeepsie leaped hungrily last week upon a rare scrap of news. A millionaire's name over a drab set of tax-appraisal figures made their story. The name: Franklin Delano Roosevelt...
Saskatchewan's Socialist government achieved a tax reduction this week. It eliminated the 2% sales tax (levied for educational purposes) on groceries, fruit, vegetables, soft drinks, candies, restaurant meals. The tax will still apply to such luxuries as whiskey and beer. The reason for the reduction: revenue from other sources (liquor sales, farm income...
...realities of the boom. First-quarter reports on corporate profits, compiled by the Department of Commerce, revealed that in some industries, as the Department's "Survey of Current Business" (June, 1946) put it, "production and sales broke all previous records and, with the elimination of the excess profits tax and some reduction in other corporate levies, it was almost inevitable that net earnings would reach now highs...
...Debated immediate end of the salt tax, which has upped the cost of salt...
...World War I (see chart] because the shock of disillusionment in the "postwar boom" was greater. Biggest shocker: the Pennsylvania Railroad would lose money this year for the first time in its loo-year history, unless it got a 25% freight increase (estimated loss: $14,616,000 after carryback tax credit...