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.
Legend has it that on a visit to Nashville in 1907, President Teddy Roosevelt declared that Maxwell House coffee was good to the last drop. One hundred years after President Roosevelt's declaration, that familiar slogan remains the brand's promise to its customers. There is reasonable doubt that Roosevelt ever actually said this, but Maxwell House themselves claimed he did and used it in ads.