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.
Maxwell House Coffee's successful slogan, Good to the last drop was historically credited to the 26th President of the United States, Theodore Roosevelt. The folklore claims that during Roosevelt's visit in Nashville in 1907, he was served Maxwell House coffee. So impressed with the coffee, the president apparently said the famous words. There is no historical evidence to indicate this is true. Furthermore, Maxwell House did not credit the President uttering these words until after his death.