How Kodak Exposed The Atomic Bomb
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The first effective American excess profits tax was enacted in 1917, with rates graduated from 20 to 60 percent on the profits of all businesses in excess of prewar earnings but not less than 7 percent or more than 9 percent of invested capital. In 1918 a national law limited the tax to corporations and increased the rates. Concurrent with this 1918 tax, the federal government imposed, for the year 1918 only, an alternative tax, ranging up to 80 percent, with the taxpayer paying whichever was higher. In 1921 the excess profits tax was repealed despite powerful attempts to make it permanent. In 1933 and 1935 Congress enacted two mild excess profits taxes as supplements to a capital stock tax.
The crisis of World War II led Congress to pass four excess profits statutes between 1940 and 1943. The 1940 rates ranged from 25 to 50 percent and the 1941 ones from 35 to 60 percent. In 1942 a flat rate of 90 percent was adopted, with a postwar refund of 10 percent; in 1943 the rate was increased to
95 percent,
with a 10 percent refund. Congress gave corporations two alternative excess profits tax credit choices: either
95 percent
of average earnings for 1936–1939 or an invested capital credit, initially 8 percent of capital but later graduated from 5 to 8 percent. In 1945 Congress repealed the tax, effective 1 January 1946. The Korean War induced Congress to reimpose an excess profits tax, effective from 1 July 1950 to 31 December 1953. The tax rate was 30 percent of excess profits with the top corporate tax rate rising from 45% to 47%, a 70 percent ceiling for the combined corporation and excess profits taxes.
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The American oil magnate John D. Rockefeller became the world’s first confirmed U.S. dollar billionaire in 1916, and still holds the title of history’s second wealthiest individual.[2]
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What Would a Quantum Internet Look Like?
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World Food Day 2020
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Live in 15 hours - October 16, 1:00 PM
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9 hours later, 7 hours after last update:
The company will be renamed Stellantis once the merger of Fiat Chrysler Automobiles and Peugeot S.A. is completed in the first quarter of 2021.[2]
The original Chrysler Corporation was founded in 1925 by Walter Chrysler from the remains of the Maxwell Motor Company.
In 1998, it was acquired by Daimler-Benz, and the holding company was renamed DaimlerChrysler.
After Daimler divested Chrysler in 2007, the company existed as Chrysler LLC (2007–2009) and Chrysler Group LLC (2009–2014) before merging in 2014 with Italian holding company Fiat S.p.A. and becoming a subsidiary of its successor Fiat Chrysler Automobiles.
In addition to the Chrysler brand, FCA sells vehicles worldwide under the Dodge, Jeep, and Ram nameplates.
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10 hours later, 11 minutes after the previous update:
#JixuanSebastian #2theFuture #TheJSSpaceReport
Russia Wants To Beat Crew Dragon & Elon Reacts To Falcon 9 Scrubs
66,735 views • Oct 5, 2020
66K views - 1 week ago
2 The Future with Jixuan & Sebastian
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2 hours later:
It’s like saying, someone doesn’t have credit or merit, for the work that he does, and the designs that he creates, because other parties are trying to interfere against his business, and the legal systems that exist are abusive and lead one company to be into a monopoly while others are not getting their fair share to be able to create and provide.
It doesn’t solve the problems, legal problems, or related crimes that occur which evidence of is refused by the courts seeking to justify to cause the problems.
People can get paid to develop ideas and to put those ideas to work so that they can benefit people, however, when ideas are created and designed to interfere against other’s ideas, and, they also seek to forfeit evidence of how they seek to forfeit benefit of other’s idea, so to credit themselves, to discredit others, it may very well be against the law, and, also an act of war against those same people they seek credit from.
Then, it may require program to prove how they refused evidence, of how they try to forfeit evidence of how they sought to forfeit benefit to society from ideas which were good to them.
While copyright doesn’t protect those ideas, the material on which those ideas are expressed can be protected, and the author of the work which is protected by copyright can be credited for it.
When an authority tried to discredit the person for it, that person who is discredited for it has the right to use the copyright against the party who discredited him for it.
Furthermore, when the system who is supposed to protect the credit refuses to do so because they steal, they are also liable, not just the individual seeking to discredit the Intellectual property right.
That’s more like organized crime.
I personally would rather invest my intellectual with more honest parties than parties trying to abuse others’ idea and attack benefit to society leading to Pandemic and war.
That’s more a disruption of intelligence than stupid, even worse than stupid.
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34 minutes later:
One more thing though,
if the feasibility analysis for the project offers a $20 million cost for sale,
it doesn’t mean that this final cost was reached from the new Reusable Capsule, as part of a so called Reusable Rocket, or, that either, the Reusable Capsule, or Reusable Rocket, each are the reason of the total costs, even if there are differences in the costs, because the rest of the financial figures are not verified, and seem to be left to decisions, not based on fact, but based on decisions without verification of those facts.
In other words, each hide something.
Each use those fact which they hide to make money from, and, it also doesn’t have to do with privacy, and it is also being intended to be mixed up with privacy, even though hiding those facts is not about privacy, neither is it about the false sense of privacy they give , which they then try to get away with.
I certainly don’t need half as much to make more than twice as much, a 4 times difference, also 4 times more profitable and efficient.
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#starwars #lightsaber #makeitreal
4000° LIGHTSABER TEST (CUTS ANYTHING!)
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Workers Noticed This Sticking Out Of An Ancient Mayan Tunnel But Never Expected It To Be This
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