Another, better definition of proceeds is revenue or income. That is the sense applied here: money collected via taxation is the proceeds. The term is often used specifically for income from some specific event, rather than from some parti...
Quick Description: One of three Maxwell House Coffee manufacturing plants in the U.S. is located in downtown Jacksonville, Florida, USA. Per Wikipedia: Maxwell House is a brand of coffee manufactured by a like-named division of Kraft Foods. It is named in honor of the Maxwell House Hotel in Nashville, Tennessee.
In 1886, Joel Cheek designed and introduces a superior coffee blend and marketed it through Nashvilleâs ritziest hotel, the Maxwell House. 7 US Presidents stayed at the Maxwell House and Theodore Roosevelt, while visiting the Hermitage, Andrew Jacksonâs estate, in 1907, was so impressed with the blend he coined the term, âGood to the Last Dropâ. Who is to argue with a President. It soon became the brandâs slogan which launched the promotion of the Nationâs first blended coffee. In 1928, Postum (now General Foods) purchased Maxwell House's parent company, Cheek-Neal Coffee, for more than $40 million. And that my friends, is my 2ï¿ âs worth for today.