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...getting rapid results, the entire tax bill was read over before the Senate, all sections on which there was no disagreement being approved and other parts of the bill being left for later disposition. In this way the normal tax rates (1½% on the first $4,000, 3% on the next $4,000 and 5% thereafter) were approved, as were personal exemptions (of $1,500 and $3,500), earned income (25% deduction up to $20,000), and the repeal of the tax on the capital stock of corporations. But on the question of estate taxes, gift taxes, tax publicity, nothing...

Author: /time Magazine | Title: TAXATION: Onward to Reduction | 2/8/1926 | See Source »

Thus far M. Tchitcherin appeared to have entered merely a "normal protest" against the sort of act which irresponsible Chinese soldiers are in the habit of committing now and then. He despatched another telegram, however, to Tuan Chi-jui, the impotent Chief Executive of the Chinese Republic, at Peking. M. Tchitcherin demanded that the Tuan Government force Super-Tuchun Chang to heed the demands made upon him or authorize the U. S. S. R. "to use its own efforts" in coercing Chang...

Author: /time Magazine | Title: CHINA: Chang Threatened | 2/1/1926 | See Source »

...deaf of New England these many years, has been their acting minister the past six months. He takes pains in bringing to all his people the word of God. And this the deaf appreciate because, deprived of a sense and often mocked at, they tend to withdraw from more normal associates. They all too constantly fear a neighbor may be gossiping about them...

Author: /time Magazine | Title: Religion: Deaf Mute Ordination | 1/25/1926 | See Source »

...position, smears oil on his hair and his manners. He puts afoot a promising campaign for the hand, body and prestige of Sondra Finchley, social princess of Lycurgus. While that plan is maturing, he cannot resist indulging in one of the factory girls, Roberta Alden. The physiological consequence is normal...

Author: /time Magazine | Title: FICTION: U. S. Tragedy | 1/25/1926 | See Source »

...restoration of the normal balance of the financial structure depends upon paying off the war debt as quickly as possible. Reduction of taxation now means the extension of the latter for a correspondingly longer period of years. And the financial experience of France is a potent warning against dallying with indebtedness...

Author: NO WRITER ATTRIBUTED | Title: DEFERRING DEBT REDUCTION | 1/18/1926 | See Source »

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