Word: netted
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Henry and Powers led the Eli attack with four and three goals respectively as the well-balanced Yale team out-whacked Skip Stahley's net-wielders...
Corporation A reports a net income of $25,000, of which $20,000 was distributed in dividends. Under the 1936 law it would have been liable, besides a normal tax ranging from 8% on its first $2,000 up to 15% on all over $40,000, to a special tax ranging from 7% on any undistributed profits constituting 10% or less of its net income, to 27% on all over 60%. Corporation A's normal tax would have been $2,890, the tax on its 10% undistributed profits $147.70. Total: $3,037.70. Under the 1938 bill Corporation A will...
Corporation B reports a net income of $1,000,000, of which $200,000 was distributed in dividends. Under the 1936 law Corporation B would have paid a normal tax of $148,840. Because it retained more than 60% of its earnings, it would also have paid up to the maximum rate of 27% on its undistributed profits, another $120,487.80. Total: $269,327.80. Under the 1938 bill, corporations earning more than $25,000 will pay a flat tax of 19% minus 2½% of the amount it distributed in dividends. If Corporation B retains the same share...
...Jeez, I'm drunk! I guess I don't know where I am!" Apparently the fellow was resourceful; but probability was added to his statement net only by his evident discomfiture, but by the fact that he was working with the lights turned...
...attempt an examination of the influence which recent tax measures may have upon the basic conditions that determine the status and development of the American economy." Such is the purpose of the work. The first part is an analysis of the various and conflicting factors and trends, the net result of which is the familiar thesis that the need for savings and capital investment in America is on the decline, and that in the future long-run we are faced with a problem of over-saving. "No technical events are in prospect at the present time which in their expansive...