Word: percenting
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...Townsend sure that a 2 percent tax on all business transactions would raise $24,000,000,000 a year...
...appreciation is caused by reinvested earnings, it is a tax on income. But if the appreciation is caused by devaluation, and inflation, then it is a direct levy on the real value of capital. If a man owns a factory worth one million dollars, and there is a fifty percent devaluation of the dollar, the value of his factory in dollars will increase. He will pay a huge capital gains tax on the increase. Yet he will not have increased his real holdings by one cent. By the amount of the levy, his share of the nation's wealth will...
Some six million more new houses, thinks London's Economist, must be built in the next 20 years "for decency." Today 35 percent of the population of Scotland are living more than two in a room, thus find themselves prospective violators of the new bills. In London slums, Government inspectors have reported up to ten residents per room. Last week Sir E.'s new measures contained emergency clauses to prevent police from cracking down unjustly or too soon, but breathed the urgency of prompt building action. For the first time Parliament will be asked to vote a nationwide...
...Hearst has a perfect right to resent Communism, but there is sufficient evidence to show that under the guise of this "100 percent Americanism" he is waging a battle against all dissenting opinion. That the methods whereby he attempted to justify his personal ends at Syracuse and Columbia were promptly exposed and condemned does little credit to Mr. Hearst. It does, however, honor a group of prominent educators who were determined to see no intrusion of Fascistic doctrine on the American campus, and justly protested against this effort to stamp out freedom of thought and expression. Mr. Hearst, apparently...
...sterling virtues, there is almost nothing new in the Linlithgow Report. Fundamentally unchanged is the White Paper program of begging the question of Dominion Status, making a great fuss about Federalization, creating an electorate of some 14 percent weighted in favor of the propertied classes, and vesting in the Viceroy and British provincial governors "emergency powers" to do whatever they like in whatever His Majesty's Government wisely deems an emergency. In one of the noblest passages in last week's great state paper, the Linlithgow Report advises that the Viceroy be empowered to veto any tariff measures...