TAXATION: How to Reduce

The way to reduce is to reduce. Every member of Congress wants tax reduction, but everyone wants the credit for tax reduction. There lies the key to the present situation.

The Democrats do not feel that they can allow the Republicans to pass the Mellon bill and get credit at the next election for both proposing and carrying out "the great desire of the people."

The President intimated, as he had done before, that he will veto a tax reduction bill that would not comply in all...

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