Word: taxes
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Dates: during 1940-1949
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...Harry Truman up the political ladder. Heavy-set and heavy-jowled, he was the incarnation of the cartoonists' political boss-especially when he wore a top hat. In 1939 he was caught red-handed with a whopping $430,000 bribe from insurance companies, went to jail for income-tax evasion. His empire crashed with...
...delegates who disapproved hungry harems disapproved wifeless men no less. The congress favored a tax on bachelors. The delegates also demanded the right to vote and hold public office...
M.G.M., still rich with 20 such stars as Hedy Lamarr, Greer Garson and Judy Garland, has evolved a fancy, expensive pension plan for stars and top executives, in an attempt to turn tax losses into benefits, to the extent of financing them well into eternity (TIME, July...
...biggest single problem today is the disunity within China itself; The Kuomintang is disliked more every day, due to fear of the Army and the attitude of tax collectors; this is proved by the revolts of the peasantry, criticism by provincial leaders, student revolts against conscription. . . . The Generalissimo looks askance at the Communists because he feels they are too strong and, if unchecked, might supersede the Kuomintang...
Below this level, the budget would show a deficit; above it, he hopes for a surplus to pay off the national debt. Taxes, once set, would be left alone. In addition he would reform the tax system along the lines of the now familiar Ruml-Sonne plan to abolish corporation taxes (TIME, Aug. 7), put the tax burden on income taxpayers. As a corollary, he would reform the policy on public works...