TAXATION: Now to Business!

Every important group in Congress has its tax reduction plan drawn—the Mellon plan, Frear plan, Garner plan have all been given to the public (TIME, Jan. 14). Now Congressmen are settling down to argument, or rather to adopting a plan on its merits and on its estimated popularity. The chief developments :

¶ During the week Secretary Mellon declared that in the opinion of actuaries in his Department a maximum surtax Of 15%-10% lower than he proposes— would produce the greatest amount of revenue for the Government.

¶Representative Frear of Wisconsin, Republican...

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