Word: toasters
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Dates: during 1950-1959
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...floor of his $8,000 house (annual property tax $240) and switches on the electricity (3½? tax on each dollar of his monthly bill) which lights the bulb (price 20?, plus 2? tax)." Hardly a thing Henry touches is not taxed: cuff links (price $3.50, plus 77? tax), toaster (price $20.50, plus $1.74 tax), refrigerator (price $300, tax $25.52), cigarette (price per pack 10?, plus 7¢ federal tax, plus 4? state tax). Even Henry's wife whom he kisses goodbye cost Henry a $2 marriage license-to say nothing of the tax on the lipstick he wipes...
...benefit of the "misguided gentlemen [who] start shouting that a disastrous inflation will result" every time a steel increase is mentioned, Fairless said that the effects of a 10% boost would be "negligible." "It would add less than 4? to the price of a $22 automatic toaster; 60? to the price of a washing machine; $1.50 on an electric refrigerator . . . $17 on your new car; and $37 to the cost of a $10,000 home...
...altogether-any more than the radio, the electric light and the pop-up toaster. Ten years ago, the Nazis accused British flyers of dropping potato bugs on German potato fields...
While most big manufacturers wondered what to do, Proctor Electric Co., whose toaster had been cut from $22.50 to $17.47, announced a full-scale legal assault to plug discount-house breaches. Then it modified its stand, possibly because discount houses sell a great deal of merchandise. It contented itself with sending letters to its major New York retailers, department stores included, requesting a signed pledge to sell only at listed prices...