Word: taxes
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Dates: during 1940-1949
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...dust"-and he offered it to "any gallery that wants it, entirely free of all cost or expense." The Baltimore Museum of Art got the painting (an abstraction done in Benton's "earlier and more foolish days"), and Mencken asked as his reward an exemption on his income tax...
Song-&-Glance Man Maurice Chevalier, who made a pile in Hollywood in 1935, returned to the scene of his triumph and was promptly buttonholed by the state tax collector. Chevalier, who declared he had forgotten all about it, sighed, handed over the delinquency...
...entirely different matter. Illinois' Leslie C. Arends, Republican whip in the House, proposed that a national referendum be held on the question: "Are you willing to pay your share of the Marshall Plan if it means a minimum of 10% increase in your cost of living, a withholding tax of at least 30% of your pay instead of the present 20%?" This was only the beginning. If Bob Taft had his way-and kept heading the way he seemed to be going-ERP was in for serious trouble...
Jinnah's government, living on day-to-day receipts, has tried some desperate salvage measures. It imposed a $5-a-bale export duty on raw jute moving from East Pakistan to the jute mills of Calcutta (in India). The tax violated a temporary free-trade agreement between the dominions. This would probably provoke retaliation from India, which could stop sending all coal and manufactured goods to Pakistan...
Going Paramount's Way. Hollywood's independent producers have been frightened by the box-office slump and the new British movie tax. Six months ago, Frank Capra's Liberty Films sold out to Paramount Pictures (TIME, May 26). Last week Director Leo McCarey's Rainbow Productions, Inc. made a similar deal. McCarey got $1,000,000 worth of Paramount stock for his 50% interest; another $1,000,000 worth went to his associates, among them Bing Crosby, Bob Hope and Hal Roach Jr. Paramount gets the services of McCarey and Norman Z. McLeod plus the future...