Word: netted
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...Utah the new tax law works on a sliding scale up to 4% on net incomes over $9,000. The Idaho law scales up to 4% on incomes over $6,000. In Vermont earned incomes are taxed at the flat rate of 2%, unearned incomes at 4%. Exemptions range from $1,000 up. Revision of income tax law tending toward higher rates occurred in Oklahoma, Oregon, Missouri, Georgia. In Illinois the Senate sent an income tax bill to the House, despite the warning of constitutional experts that such a levy was unconstitutional in that State...
...shiny dish-washing and potato-peeling machines. In the theatre is the latest cinema for 150. The stadium seats 35,000. Architect of the whole scene is Horace Trumbauer of Philadelphia, who frankly and freely drew upon the best features of Oxford and Cambridge for his inspiration. The net result is a synthesis of extraordinary completeness and perfection, incongruous though a brand-new medieval community may seem in a Carolina forest...
...field of large electrical equipment, manufactures also a diversified line of farm machinery and machines for general industrial use. World's largest hydroelectric unit is the 70,000-horsepower engine built by Allis-Chalmers for Niagara Falls Power Co. Yet even in 1929 Allis-Chalmers showed a net of only $4,300,000, made but $3,600,000 in 1930 and for the first quarter of the present year netted approximately $500,000. Meanwhile, Advance-Rumely, although famed in the field of farm-equipment (many a broad acre has been harvested with Advance-Rumely's Do All tractor...
...self-made, much publicized "world's richest bachelor." To shareholders last week he reported that Kreuger & Toll during 1930 earned $24,163,000 from dividends and interest received, against $14,278,000 from those sources in 1929. Trading profits however were $8,626,000 against $14,816,000. The net result was that Kreuger & Toll in 1930 had profits of $32,789,000 against $29,095,000 in 1929. If investments had not been marked down to reflect market conditions, Ivar Kreuger could have reported earnings of $43,000,000. Total assets of the company are now carried...
...stores in operation, a gain of 319 during the year. Last year stores turned in a volume of $1,065,806,000 despite lower commodity prices. Sales up, the margin of profit also increased, jumping from 2.49¢ per $1 of sales to 2.88¢. The result was a net profit in 1930 of $30,000,000 against $26,000,000 in 1929. Assets are now listed...