Word: taxes
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Dates: during 1940-1949
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...smart money thought that this would be Saratoga's last season. The heavy betting tax (state and county total: 16%) and Saratoga's inaccessibility (180 miles from New York City) were expected to drive fans to the new Atlantic City track, also in full swing last week. The wise money was wrong...
...will fall out under the inflated inventories and the boom will end in bust. Let the wage earner sacrifice, you may say, let the veteran suffer, but in the long run no economy can continue to distribute inflated profits to one small class and inflated costs, a huge consumer tax, to the great mass of men and still be prosperous...
...piece of ill-advised legislation when it killed the President's plan to draft strikers into the Army. Both houses passed a bill to streamline Congress. After one of their most earnest debates, they also set up an all-civilian commission to control atomic energy. Antilynching, anti-poll tax, fair-employment measures were lost in the weeds of filibuster...
...club and liquor prices are double those in the States. Theatre tickets run about the same as on Broadway; films are far more expensive. Those commodities that constitute the necessities of life are rationed and priced reasonably, but any luxury sells at outrageous prices, largely because of the sale tax. The average cost of a new British automobile, smaller and less powerful than the smallest Chevvy or Ford, runs about three thousand dollars. Concomitantly, wages are ridiculously low according to our standards. A skilled rayon mill weaver or wool spinning worker makes between twelve and fifteen dollars a week--wages...
...night independents as a group, the honeymoon was over. From now on, it looked as though they would operate under the same tax laws as the major studios...