TAXATION: Hearings

The Ways and Means Committee of the House, preparing the revenue bill of 1926—that is, making ready for tax reduction—last week got into the doldrums. Much of its time was taken up in hearing every Tom, Dick and Taxpayer who was anxious to have the tax that fell on him abolished. There were also experts and officials on hand, but the matters with which they dealt were largely technical details.

Excise Taxes. Groups from several industries asked for abolition of the taxes on the things which they produced—automobiles, f...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!