Word: loaded
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...moment, President Nixon has not formally proposed VAT because he is aware that any new tax would meet hard opposition from Congress and from voters, who are already up in arms over the tax load. Treasury Secretary John Connally has said that the Administration has no plans to recommend any new taxes this year. Yet VAT has been under serious consideration for months, and White House aides have been floating the idea in what amounts to a test-marketing program among Congressmen and state and local officials. The possibility that a form of VAT will be imposed at some future...
Bucket Brigade. One idea being weighed in Washington is that VAT revenues ultimately would go to states to help pay for public schooling costs, and thus lighten the load on home owners, who pay for education out of their heavy-and increasingly unpopular-property taxes. In sum, Nixon could promise during his election campaign to reduce property taxes and then make up for this loss by proposing VAT after the elections. The Administration calculates that in order to reduce or stabilize the residential property tax by eliminating that part of it devoted to schools, it must raise about $12 billion...
...lumber mill produces a load of wood with a market price of $25; this price represents practically all the "value" that the mill has added to the raw timber by buying and converting it to lumber. On a VAT of 3% the mill pays the Government 75?. This cost, separately invoiced, is tacked to the price of the lumber, which is then sold to a cabinetmaker for $25.75. The manufacturer transforms the lumber into a cabinet, increasing its market value from $25 to $75. On the $50 value added, the cabinetmaker pays another 3%, or $1.50. When selling the cabinet...
...week. What infuriates them is that this is less than they earned in 1954, when they agreed to shift from a piecework basis of pay to a standard rate on the promise that, in the long run, the change would increase their earnings and lighten their work load. Instead it deprived them of reward for their increased productivity, and their income declined from $17 to $19 a day in 1954 to about $13 today. In relation to other basic tradesmen in Britain, the miners dropped from third place in wages to twelfth in ten years. Ever since the Heath government...
...WELL THEY load me and Mark Sibley and Jack Chick--Terry Chick's brother, and somebody else, God I forget. And then they get Chick...