Word: deductionism
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As a way of getting rapid results, the entire tax bill was read over before the Senate, all sections on which there was no disagreement being approved and other parts of the bill being left for later disposition. In this way the normal tax rates (1½% on the first $4...
The question, "Resolved, that this house deprecates the present over-emphasis upon intercollegiate football," has aroused general discussion in University circles, and no difficulty has been found in securing capable exponents for both sides of the question. On the affirmative side, arguing for a deduction in the football program will...
5) Earned income deductions of 25% of the tax are to be allowed. All income under $5,000 is to be considered "earned." Income from $5,000 to $20,000 may be classed as earned if really earned. Nothing over $20,000 may be classed as earned. (Secretary Mellon urged...
There is still a Tribune in Chicago. Last week it published an announcement: "Mr. Patterson will establish his headquarters in New York to administer the affairs of the News and Liberty. Colonel McCormick will stay in Chicago and manage the Tribune and the paper mills." Where two men had stood...
Professor Thomas F. Adams, now of Yale, formerly of Wisconsin, who acted as advisor to the Democrats in drawing up the first income tax law and took part in framing a similar law for Wisconsin, came before the Committee with a number of suggestions at least one of which appeared...