Word: taxes
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Dates: during 1950-1959
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...pronounced apple-achin') and converged on the secluded hilltop estate of Joseph Barbara, a beer distributor known to be high up in the underworld. His curiosity pricked by the procession of strange Cadillacs and Imperials, an alert state cop called agents of the Treasury Department's Alcohol Tax Unit in Albany. Surrounding the 53-acre estate, policemen halted 63 carefully tailored men-some at a roadblock, others fleeing through dense woods-and asked them who they were, where they came from and why they had come to Apalachin. After questioning, all were released...
...five times a week for three years. Two psychiatrists, Drs. Arnold Namrow of Washington and Jay Cohen Maxwell of Houston, argued that they ought to be able to deduct these couch costs from their taxable income as either a business expense or a medical service. Last week the U.S. Tax Court ruled against them. The training analysis, it held, is part of the curriculum for which budding analysts sign up to gain "advancement in position," is therefore an educational cost -and nondeductible...
Whether the amusement-type machines also will be removed will be decided shortly. The Licensing Board's reason for refusing to reissue licenses was an Internal Revenue tax of $250 on the bino-type machines. A ten dollar tax, however, has been levied on the amusement type...
...training center for interested visitors from foreign countries. Both Ford and Rockefeller Foundations assign Fellows to study research being conducted by the Project for periods extending from three to six months. Private groups also sponsor visitors. According to Mrs. Gilboy, the growing number of these students is beginning to tax facilities of the Project. Both working space and staff assistance are available to the Foundation-sponsored Fellows...
...Watson's speech was greeted with some restraint. Later, it was liberally interpreted (Watson left for Europe immediately after the speech) by incoming N.A.M. President Rudolf F. Bannow, president of Bridgeport (Conn.) Machines, Inc. to mean that "if you give the economy more push, it will produce more taxes automatically." Bannow went on to say that "taxes should be such as to encourage business," and plugged the N.A.M. program for reducing taxes to 47% maximum on individual and corporate income. Such tax reforms would put "enough incentive into the bloodstream of business to produce even greater Government revenue than...