Word: furse
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The House of Representatives might have been debating the merits of apple pie for all the opposition that was voiced. Before the House was President Johnson's proposed $4.8 billion excise-tax cut, and House leaders had set aside five hours one day last week for pro and con...
Good Timing. As it stands now, the bill would end excise taxes completely on more than 1,000 items, among them the 10% retail levies on jewelry, furs, cosmetics, luggage and handbags, as well as manufacturer's taxes at varying rates on everything from business machines to cameras, radios...
Though $1.3 billion of the President's proposed $4 billion tax trim involved taxes that were due to expire June 30 anyway (such as the tax on air tickets), businessmen cheered the cut's timing. It will not only help raise sales of some items at their seasonal...
$4 Billion Cut. The Administration's broadened plans to ask Congress for a major reduction in excise taxes will also lower prices for hundreds of consumer goods. Last week President Johnson announced that he will send to Congress a recommendation to cut excise taxes by roughly $4 billion over...
Although they sent home a fortune in furs, the colonists were repaid largely with official indifference and hostility. "It is for traders to traffic where they please," pronounced the Empress Catherine. "I will furnish no men, ships, or money." Not until 1810, nearly 70 years after Russian eyes first beheld...