Word: throop
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DIED. Dan Throop Smith, 74, chief tax economist in the Eisenhower Administration, distinguished academician at Harvard and Stanford's Hoover Institution and longtime conservative advocate of tax cuts to boost the economy; of a heart attack; in Palo Alto, Calif. A precursor of supply-side economists, Smith believed "all taxes are repressive," and supported lower capital gains taxes to encourage risk-taking investments. At the same time, he urged reduction of tax incentives for "safe" investments that do not lead to a greater supply of capital for business. His aim: "To make it easier to get rich but harder...
Properly girt about with wash-and-wear shirts, Soby sets sail for Venice and is set upon by a pair of memorable literary harpies: Miss Mathilde Kollwitz, a mosquito-sized Winnetka music teacher who perennially knits a succession of moose-sized sweaters, and Miss Winifred Throop, a mountainous ex-headmistress who wears a red wig as proudly as she does her overgrown schoolgirl's faith in True Love...
...achieve his own aging heart's desire (which soon turns out to be Miss Throop's 17-year-old niece), Soby endures, besides the company of these two ladies, all manner of other trials. He tears around the Mediterranean to rescue an old tomcat (symbolically named Aschenbach...
...Throop Smith, professor of Finance, yesterday resigned as the U.S. Treasury Department's chief tax adviser. Smith began his tenure of service with the Treasury Department...
EXCISE TAXES on tobacco, liquor gasoline, etc. will continue after the April 1 expiration date if the Treasury Department has its way. Assistant to the Treasury Secretary Dan Throop Smith told a House Ways and Means subcommittee that the Treasury would be "much concerned" about any changes in tax rates or methods of payment that would reduce Government revenues...