Word: taxing
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Dates: during 1940-1949
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Humanitarians & Bureaucrats. For more than half a century, under various parties, insular New Zealand, with its butter and mutton economy, has been an experimental laboratory for welfare statism. Today, social security-paid for by a flat 5% tax on all private and corporate income -includes state-paid old-age pensions, unemployment benefits, medical and hospital care. Industry is heavily regulated, trade unionism and industrial arbitration compulsory. Liberal and conservative governments have shared in the vast social experiments. But ever since the Labor Party took office in 1935, what had begun as a humanitarian drive gradually ossified into bureaucratic socialism...
Antenor No. 2. Cristina's Antenor is the son of the late Bolivian Tin King Simón Patiño. Though the Patino holdings have been estimated at a comfortable $1 billion, Antenor has never been profligate (he once put in several tax-exempt years as Bolivia's ambassador to London). Cristina managed, however, to separate him from an even half-million dollars after a 1944 separation, won a court judgment for another $500,000 by proving some indiscretions with a brunette model named Francesca Simms in 1945. This irritated Antenor to the point of trying...
...Manhattan Tax Lawyer Morton Baum, chairman of City Center's executive committee (and a director of the Metropolitan Opera as well), the enthusiasm seemed to justify a little spreading out. This season Balanchine was able to add to his repertory four ballets, including Firebird and a smashing new Bourèe Fantasque premièred later in the week...
...Breaking Point. In London, Edward Finney called the Croydon police station to announce: "I just threw four bricks through the windows of the Inland Revenue Office. I am fed up with paying income tax...
...Dependence on subsidies or production payments in lieu of a fair market price as a method of achieving [a fair farm] income is unsound and would impose a burden on the whole American economy through tax liability which would raise all costs of production-thereby lowering purchasing power and ultimately leading to a lower standard of living for the rank & file of consumers. [It] would place farmers at the mercy of congressional appropriations for their income...