enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Revenue center - Wikipedia

    en.wikipedia.org/wiki/Revenue_center

    A revenue center has costs, however to the manager of a revenue center this is of little importance as revenue is his sole performance indicator. [7] Not all costs are ignored in a revenue center. For example, the manager of a revenue center is responsible for the expenses of his department (such as maintenance costs). [8]

  3. Hauser's law - Wikipedia

    en.wikipedia.org/wiki/Hauser's_law

    U.S. federal government tax receipts as a percentage of GDP from 1945 to 2015 (note that 2010 to 2015 data are estimated) Hauser's law is the empirical observation that, in the United States, federal tax revenues since World War II have always been approximately equal to 19.5% of GDP, regardless of wide fluctuations in the marginal tax rate. [1]

  4. Revenue Act of 1924 - Wikipedia

    en.wikipedia.org/wiki/Revenue_Act_of_1924

    The United States Revenue Act of 1924 (43 Stat. 253) (June 2, 1924), also known as the Mellon tax bill (after U.S. Secretary of the Treasury Andrew Mellon) cut federal tax rates for 1924 income. [1] The bottom rate, on income under $4,000, fell from 1.5% to 1.125% (both rates are after reduction by the " earned income credit ").

  5. Internal Revenue Service - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Service

    George S. Boutwell was the first Commissioner of Internal Revenue under President Abraham Lincoln.. In July 1862, during the American Civil War, President Abraham Lincoln and Congress passed the Revenue Act of 1862, creating the office of commissioner of internal revenue and enacting a temporary income tax to pay war expenses.

  6. Responsibility center - Wikipedia

    en.wikipedia.org/wiki/Responsibility_center

    A responsibility center is an organizational unit headed by a manager, who is responsible for its activities and results. [1] In responsibility accounting, revenues and cost information are collected and reported on by responsibility centers. [2] Typical examples of responsibility centers are the profit center, [3] cost center and the ...

  7. Revenue management - Wikipedia

    en.wikipedia.org/wiki/Revenue_management

    The system and analysts engaged in continual re-evaluation of the placement of the discounts to maximize their use. Over the next year, American's revenue increased 14.5% and its profits were up 47.8%. [5] Other industries took note of AA's success and implemented similar systems.

  8. Milestones: A look back at AOL's 35 year history as an ...

    www.aol.com/news/2020-05-25-a-look-back-at-aols...

    America Online CEO Stephen M. Case, left, and Time Warner CEO Gerald M. Levin listen to senators' opening statements during a hearing before the Senate Judiciary Committee on the merger of the two ...

  9. Legal history of income tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Legal_history_of_income...

    The term "income" is not defined in the Internal Revenue Code. The closest that Congress comes to defining income is found in the definition of "gross income" in Internal Revenue Code section 61, which is largely unchanged from its predecessor, the original Section 22(a) definition of income in the Revenue Act of 1913: Sec. 22(a).