TAXATION: Hell Raiser

Although the U. S. Senate almost passed a social reform tax bill in late June, although Franklin Roosevelt ordered Congress to stay in Washington as long as was necessary to pass that important measure, although the House Ways & Means Committee three weeks ago completed its tax hearings, not until last week did Congress & country get a first look at the contentious tax rates. After a month's ado about nothing the Ways & Means Committee finally emerged from a brown study with something specific to talk about. It proposed the following:...

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