A friend of mine once asked me this question: why do we have to pay a part of our income every month to the State? And why, if we are in any case left with a smaller income than is shown in office accounts, should not the salary itself be fixe..
When, about forty years ago, I was a student in the university, we used to be taught that any expenditure of the State in excess of current revenue was to be shown in the budget as a deficit and that budget deficits were injurious to the healt..
The objectives of taxation are thus about coterminous with the functions of the State. All ordinary expenditure of the State, such as is needed for the maintenance of law and order, defence etc., must be covered by tax revenue. Where the econo..
Canada’s largest trust company with assets exceeding $85 billion (as of March 31, 1988), Royal Trust co Limited offers a full range of personal and corporate financial! services through its 6,000 employees at 122 domestic and 17 overseas..
Toronto-based Wood Gundy Inc. is one of Canada’s largest investment dealers with a capital base of about $250 million and 1,900 employees. Four hundred sales representatives service more than 60,000 Wood Gundy clients, offering a full ra..
Presentation of a distinctive and consistent message to its customers has long been the marketing focus of Wachovia Bank and Trust Company. For nearly 15 years, this firm has woven the concept of assigning a personal bank representative to eac..
Wachovia Bank and Trust Company N.A., headquartered in Winston-Salem, North Carolina, is a member company of First Wachovia Corporation. At year-end 1987, Wachovia Bank had assets of $11.7 billion and deposits of $9.1 billion. Among U.S. banks..