'TRUE-OR-FALSE' QUIZ ON BUSINESS

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP80R01731R000700040005-0
Release Decision: 
RIPPUB
Original Classification: 
K
Document Page Count: 
1
Document Creation Date: 
December 14, 2016
Document Release Date: 
March 21, 2003
Sequence Number: 
5
Case Number: 
Content Type: 
MISC
File: 
AttachmentSize
PDF icon CIA-RDP80R01731R000700040005-0.pdf69.44 KB
Body: 
"TRUE--OR-I+J?LkiE" c UIZ ON BUUINJ S HAT MO3T How big are corpora.. Lions, profits ? ? OPLE BELIFV'F 25% (or 255 out of each z,;l of sales)- Who gets the laargecat Most people say the share of the income owners do. of corporations ? Does war increase Many people think corporations profits? - so. Do machines put men Most people say yes out of work ? Do top executives Too many workers make too much ? think, "If their salaries were divi- ded among workers, our wages could be much higher." Should taxes on cor- "Yes," say many. poratious be in- "soak the rich." creased ? 25X1 THE 'ACT 7%. In most years actually less than 7 cents of each sales dollar. Actually the workers - they get 8. The facts are - NO. Compared to a good peace year, corporation profits on the sales dollar went down from 6.4 ? to 4.3 0 in the last war. NO. In the automobile industry, for ample, one roan and a ma- chine do the former wo-rk of 5 men, yet 20 times as many men are employed. Machines well used reduce costs and prices which broadens markets and so provides more jobs. If all the salaries of the three top men in the country's biggest company were divided among that company's workers, it would take each worker in that company about three weeks to buy one pack of cigarettes with his increase. Truth is that high taxes already take so much money which should be spent in keeping machines modern, that 436 of America's machines mre too old to protect tomorrow's Jobs. Approved For Release 2003/05/05 : CIA-RDP80R01731 R000700040005-0