OCR Text |
Show BUSINESS PAYS MORE TO LABOR American labor's over-all share in the proceeds of production has increased over the years. In 1929, labor received $43.7 billion 46.4 of the proceeds of gross business production. In 1947, labor's share grew to $106.2 billion, bil-lion, or 50.6. - Corporate dividends, however, declined from 6.1 of the proceeds pro-ceeds of gross business production in 1929 to 3.2 in 1947. The government's gov-ernment's tax take meanwhile rose from 8.9 of the proceeds of gross business production in 1929 to 13.9 in 1947. In money, $20.8 billion more was taken by the government in 1947 than in 1929. |