Word: reinvesting
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Dates: during 1950-1959
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...capital was lured with such attractions as no capital gains tax, guarantees of repatriation of profits and assurances that the capital itself could be repatriated. Some critics argued that the breaks were too big. Menzies' answer is that the benign investment climate has encouraged so many businessmen to reinvest that 25% of Australia's national income is plowed right back into new expansion...
...Defer taxes on foreign income of U.S. firms until these earnings are distributed in the U.S. as dividends. Thus a company could reinvest more profits abroad, shift profits, taxfree, from one foreign land to another...
...land. The Shah himself, as the nation's biggest single landowner (2,500,000 acres), has shown the way by distributing his vast farm properties to the peasants of about 300 of his villages. But the thousand families are cool to land reform. Even worse, landlords seldom reinvest their profits in upgrading the soil. Tenants, who can usually be dispossessed at will with no compensation for any improvements they have made, are understandably reluctant to make any. The Shah has struck hard at one landlord privilege by ordering an end to the "gifts" of cattle and food traditionally taken...
...bills designed to help them out of their financing problems. One was a bill introduced by Oklahoma's Senator Mike Monroney that would give U.S. feeder airlines a Government guarantee on any loan from private sources; the other, in the House, would allow airline operators, like homeowners, to reinvest proceeds from the sale of old planes in new equipment without paying a capital-gains tax. Without such help, warned the Air Transport Association's President Stuart G. Tipton, one of the most promising of all U.S. industries will stay "stuck on dead center." Shoppers & Salesmen. The irony...
...built in 1930 at a cost of $10 million. It took sales of $600 million, one-seventh of U.S. Steel's total, says Chairman Blough. to earn enough profit after taxes to pay for the furnace. To pay for expansion in the next five years, U.S. Steel will reinvest earnings of $220 million annually, the profit on about 56% of its sales, will use another $140 million from cash set aside for depreciation. But the other $140 million must be financed by adding to U.S. Steel's current $286 million debt...