Word: equalizes
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Dates: during 1930-1930
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Common Income. Arizona, Louisiana, Texas and Washington have laws which give husband & wife an equal share in their community income. Many a husband & wife have therefore divided their income, rendered separate Federal income tax returns on the halves, thus gaining great tax reductions. Last year Congress by special act extended the Statute of Limitations so that the Treasury Department could sue these citizens for the tax on the full amount of their combined income in 1927 and 1928. The Supreme Court last week decided for the citizens, against the Treasury Department. Away from the Government, back to taxpayers in Arizona...
...more practical way than most other educational institutions, but still with the idea that the business man who is trained to consider the problems of the future in the light of what has happened in the past will be more capable and more efficient than an untrained competitor of equal ability. From the results which have been attained so far, judged largely by the eagerness of business concerns to enlist the services of graduates of the school, it seems evident that the idea is at least fundamentally right. This of course does not in any way mean that the Business...
...after the disclosure of I. P. & P.'s venture, Partners Hall and La Varre quarreled, and Partner Hall sought an injunction to restrain Partner La Varre from obtaining operating control. To protect himself, Hall had to go to the court of appeals for a decision declaring him an equal partner with La Varre. But one J. T. Webb Jr. of Macon, Ga. was appointed by Federal court as commissioner to manage the newspapers pending their sale. La Varre ejected Commissioner Webb from the Columbia Record office, went to jail for contempt. He emerged to fight a petition by Partner...
...Rome, Hamburg and Glasgow put together. Its breath rising in a vast faint mist, its shout like the roar of an earthquake, its tiered ranks veiled with the smoke of innumerable cigarets, its tremendous stare as heavy as sunlight, this crowd in its fabulous coliseum has no equal in the world. Once the crowd was one-quarter its present size. It was composed of undergraduates, parents, alumni, their wives, sweethearts, cousins. For years it has been growing until it has come to include every element in the country. Last year 450 college teams played games, 15,000 players participated...
...Annapolls officials have done the right thing, in introducing their three year rule. West Point still remains stubborn in its adherence to its eligibility ruling and the season's records have shown that the latter rule makes for better teams. But until Army changes its policy and gets on equal footing with the Navy, a meeting of the two teams, except for the worthy charity involved, seems a bit futile...