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UNFAIR LABOR PRACTICE: An activity on the part of employers to discourage legal labor union actions or on the part of labor unions to discourage legal nonunion employee actions. In the never ending battle between labor and management to gain the upper hand in the labor market each side has engaged in practices to thwart the power of the other side. Management commonly undertook what are now termed unfair labor practices in the early stages of the labor union movement to prevent unions from gaining power. Once unions gained power, however, then too engaged in unfair labor practices to keep and enhance that power. Unfair labor practices by management were largely outlawed by the National Labor Relations Act. Unfair labor practices by labor unions were largely outlawed by the Taft-Hartley Act.
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PROGRESSIVE TAX A tax in which the proportion of income paid in taxes is greater for higher income levels. A progressive income tax exists if taxpayers with more income pay a higher tax rate relative to income as income increases. A progressive tax is one of three alternations. The other two are proportional tax, in which the proportion of income paid in taxes is the same for all income levels, and regressive tax, in which the proportion of income paid in taxes is smaller for higher income levels.
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RED AGGRESSERINE
[What's This?]
Today, you are likely to spend a great deal of time looking for the new strip mall out on the highway wanting to buy either a how-to book on home remodeling or a tall storage cabinet with five shelves and a secure lock. Be on the lookout for the last item on a shelf.
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This isn't me! What am I?
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Al Capone's business card said he was a used furniture dealer.
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"Old age isn't so bad when you consider the alternative. " -- Cato, Roman orator
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AFBD
Association of Futures Brokers and Dealers (UK)
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