Word: taxmen
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Dates: during 1950-1959
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...Internal Revenue Service to go easy on World War I's ailing one-man gang, Sergeant Alvin Cullum York, 72, long saddled with an income tax bill of $85,422 for royalties (claimed by York to be capital gains) earned from a 1941 movie of his life. Sympathetic taxmen hinted a settlement could be reached to let broke, bedridden Hero York keep his frame house, his mountainside farm...
...Taxmen figure that the crackdown will bring in only several million dollars at most. But in the process, it will create worry and confusion for millions of taxpayers. Even the office employee who works late and gets money for supper and a taxi home will have to list it as income: late suppers will probably not be taxed; cabs...
...expected, the new policy touched off a wave of protest. In reply, the taxmen rushed out a sugary pronouncement that things would really be no different from before. But the truth was that the bureau has every intention of rigidly enforcing the law for the first time-and everyone who has an expense account will know...
Despite all their advances, there is a practical limit to how much the railroads can accomplish alone. Railroaders complain bitterly that the Internal Revenue bureau's taxmen take no account of their progress. The new diesels and freight cars are still depreciated at 20-year rates, but because of the industry's rapidly advancing technology, they must often be junked in ten years or less. And the railroads are forced to pay many other taxes that competing industries avoid. While the New York Central's stations were once monuments to prosperity, now they are millstones, costing...
...Japanese businessmen get into trouble with the taxmen over such dodges. But no U.S. businessman wants to take the legal risk. In any event, under a new U.S.-Japanese tax agreement, Japanese tax collectors will be able to ship any doubtful tax returns to the U.S. Internal Revenue Service in Washington for a quick double check against tax returns made by the businessman's home office...