Tax Legislation Raises War Revenue to 2.7 Billion
Washington reports final joint conference on war revenues increases the levy from 2.4165 billion to about 2.7 billion with an estimated 275 million rise. The excess profits tax is revised with a 7 to 10 percent exemption range and clarified definition of invested capital including cash paid and tangible property. Changes affect patents copyrights goodwill and other intangibles with new value rules.
MENTIONED IN THIS ARTICLE
Washington
Senate
Simmons
Senate Finance Committee
House
Bocane
Snectare
Ol Ow Neil
War Revenue Bill Details Large Tax Increases
Washington reports outline a war revenue bill with conferees from both houses agreeing on taxes totaling about 2.606 billion dollars. The measures cover insurance, autos, instruments, jewelry, sporting goods, leisure crafts, club dues, playing cards, and first and second class mail flows.
MENTIONED IN THIS ARTICLE
Speedbsto
Ease
Lesumes
Sporting Goods Sdnteee
Virgin Teland Products
Edseess
Tax measures revised in conference on inheritance and income
Conferees adopt an 8 percent tax on all motor vehicles and 3 percent on musical instruments and jewelry. A new graduated inheritance tax ranges from 0.5 percent on $50,000 estates to 10 percent on estates above $10 million, with exemptions for Americans in military service. Income tax set at 2 percent for higher earners, plus scalloped surtax rates for higher brackets and adjustments to stamp and other taxes.
MENTIONED IN THIS ARTICLE
Senate
House
Customs House
United States
Canada
Mexico
Box Stata
On the Teacher and the Home Life of Fiji Islanders Joke
In Normal City a Munciesch court school term nears end when pupils were asked to write on the home life of the Fiji islanders. A boy replied there aren t any. Principal Lee Baird pressed for an explanation and the room erupted in laughter at the quip from the student.
MENTIONED IN THIS ARTICLE
Muncieschurd
Lee Baird
Atl
Roscoe
Baird
Imdianapolis Newa Ea
Freezone Corn Remedy Claims Painless Corn Removal
An ad copy from Cincinnati touts Freezone as a painless method to lift sore hard and soft corns and calluses. It promises quick drying action, no irritation, and suggests you can buy a small bottle at any drug store or have your grocer supply it.
MENTIONED IN THIS ARTICLE
Cincinnati
Relieving Anxiety Over Sugar Shortage Rumor
A dialogue hints at wartime business disruption and a possible U S sugar shortage. The couple prefers an automobile ride over chocolates, showing calm optimism amid supply concerns.
MENTIONED IN THIS ARTICLE
Alpernon
United States
Appetite Control Beyond Food Beginnings
A quoted exchange discusses shifting focus from general food control to appetite management. The dialogue hints at personal or philosophical interest in self-regulation rather than external dietary constraints.
Also Mentioned on This Page
Corns
Nebraska
Omaha Stove Repair Works
Omara, Heb
N. U. Lincoln
Sildiere
E-Z Clean Pipe Company
West Forty-Ninth Street
New York
Omah
Aires
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