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...raises of $300 for any of the state's 72,000 teachers who have not had that much in pay raises in the past year and a half. They recommended new minimums of $2,000, which for the state's lowliest paid meant a whopping 67% pay boost. Cost to New York...

Author: /time Magazine | Title: Education: Boost | 1/20/1947 | See Source »

...hackles of big-city mayors two months ago by proposing to bear half the cost of all airport projects up to $2,000,000. For bigger projects, CAA would scale down its help below the 50%. CAA thought that what the U.S. needed was more smaller airports to boost private flying. But big-city mayors, led by Chicago's Ed Kelly, argued with a great deal of truth that what the country needed was bigger & better airline terminals to relieve dangerous congestion at existing airports...

Author: /time Magazine | Title: Business: Big or Little Airports? | 1/20/1947 | See Source »

...week workman is $285. Under HRI, he would pay $228 a year to the Bureau of Internal Revenue. Net annual income after taxes, or "keep-home pay, would increase under HRI from $1715 to $1772. The net effect for the $200-a-year man is therefore an income boost of slightly more than two and a half percent. As gross income rises, the kickback under HRI rises not only in absolute terms, but percentage-wise as well. At $5000 a year, the net gain in income would be somewhat less than four percent. At $10,000 it becomes almost...

Author: NO WRITER ATTRIBUTED | Title: Brass Tacks | 1/20/1947 | See Source »

...Golden Horseshoe brackets the harvest reaches bumper proportions. For the taxpayer with $100,000 of gross income, HRI will prove a net income boost of over twenty-five percent. The fortunate few who earn a half million every year will reap savings of more than seventy percent of current net income. The relative gain at the $500,000 level reaches almost thirty times the "relief" afforded the average laborer, even though the tax cut under the proposed bill falls from twenty percent to ten and a half percent for income in excess...

Author: NO WRITER ATTRIBUTED | Title: Brass Tacks | 1/20/1947 | See Source »

Lunenburg Sea Products, Ltd., the biggest fleet owner, readily agreed to the idea of the 60-40 lay, which would boost a crewman's average earnings by roughly $400 a year. But Lunenburg balked at paying certain small operating expenses (e.g. the maintenance of a medicine chest on each boat), and insisted that these come out of gross earnings before...

Author: /time Magazine | Title: Canada: NOVA SCOTIA: Strikebound Fleet | 1/13/1947 | See Source »

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