Volunteers and yachts share a fading aristocratic charm
A 1979 Field Enterprises column extols volunteers as civilization’s heart, likening them to yachts, noting their dwindling numbers as society prices acts of service in dollars. It laments media and professionals failing to celebrate volunteers and imagines a world without them.
Tax systems index cost of living across nations
The Conference Board notes industrialized countries adopt a living cost indexed tax system to tax only real gains in purchasing power after salary increases. It aims to prevent inflation driven bracket creep. On this date in 1945 President Roosevelt died and Harry Truman became president.
MENTIONED IN THIS ARTICLE
France
Netherlands
Denmark
Israel
Luxembourg
Brazil
Canada
Conference Board
Franklin D. Roosevelt
Warm Springs
Harry Truman
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