Word: boost
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Dates: during 1950-1959
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...general, the Journal frowns on sensationalism. Says President and Editor J. Donald Ferguson: "Circulation will balloon up just as well when it rains and people buy papers to put on their heads as when you dig up a good scandal, and the boost will last just about as long...
...helps morale in wartime. By imposing a heavy burden on business, the Government supposedly makes such burdens on the general public as rationing and price & wage controls easier to bear. To some extent, the tax also tends to cut down non-military production since there is no incentive to boost it as long as any additional profit is to be siphoned off. But the few arguments for the tax are far outweighed by those against...
...touted to yield $2.7 billion on 1950 profits. But even O'Mahoney admits that subsequent claims might easily whittle that figure in half. Thus, an 85% excess profits tax, which has the political virtue of sounding huge, actually would not yield as much additional revenue as would a boost of the present corporate income tax from...
...that the U.S. may need higher taxes, both corporate and personal, to help pay for the full-scale rearmament that faces the U.S. (see BACKGROUND FOR WAR). But they think that it would be far better for the Government to shelve an excess profits tax in favor of a boost in the regular corporate tax, and a system of tax incentives (e.g., a more favorable rate on profits put into new capacity) to encourage plant expansion...
...year old retired president and chairman of the board of the American Telephone and Telegraph Company will bring to the London post a broad background in economic and financial affairs. The new appointment is also expected to give a strong boost to the Administration's efforts to keep foreign policy bi-partisan, since Gifford is a Republican...