Word: boost
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...present levies. In New York, personal income taxes were in creased 11% by Democratic Governor Averell Harriman's administration. In Iowa, under Republican Governor Leo Hoegh, the legislature adopted a whole range of tax increases (in sales, use, in come and gasoline levies), adding up to an 8% boost. Nevada became the 32nd state to levy a general sales and use tax (2%); Washington pushed its state sales tax up to the highest in the U.S. (3.3%) ; Idaho decided to begin deducting state income tax from paychecks. Gasoline taxes, levied by all 48 states, are going up from...
Coming at a time when U.S. copper prices are at a near record for peacetime, 36? a lb., the law is deftly designed to 1) boost production, 2) bring Chile millions of dollars in new capital and increased revenues, 3) raise company profits, and 4) provide the world with more of Chile's abundant copper. "A victory for good sense," commented a Santiago newspaper...
...E.T.U.-A.E.U. did not strike London's Communist Daily Worker, which does not belong to the Proprietors' Association. The paper said that it would meet the E.T.U.-A.E.U. demand. However, the Worker's compositors walked out on the grounds that if the Worker could afford to boost wages of maintenance men, it could take back compositors laid off in a recent economy drive. Twelve days after the strike's beginning, the Worker settled with all its employees, and for two weeks it was London's only daily (TIME, April...
...Unjustified." After the unions refused to budge from their position, a government-appointed three-man court of inquiry was called in. It found the demands "unjustified . . . unrealistic," since they would boost the unions' scale well above that of the rest of the country. But the negotiators refused to bargain. Labor Minister Sir Walter Monckton proposed that the strikers go back to work on all papers, pending a settlement, but his appeal fell on deaf ears...
...general improvement in business, "net income will be around $12 million, or $3,000,000 greater than in 1954." He promised that here will be a cash or stock dividend this year for stockholders, who have received no dividends since 1931. One of the innovations that McGinnis hopes will boost revenues was unveiled last week as 2,500 New England children (and Mcinnis himself) rode a special train to The Bronx zoo (see cut). But while profits were up, there was plenty of evidence that service, notably for commuters, was down. More and more commuters from Westchester County and Connecticut...