FISCAL: Tax Refunds

As required by law the Treasury last week made public the voluminous list of taxes it had refunded for the fiscal year 1929 to thousands of corporations and citizens the country over. Newsmen in Washington scribbled down columns of local names and figures, telegraphed them to home papers. So great was the public curiosity about private financial affairs that the New York Times printed eight pages solid with taxpayers' names and their refunds.

Two principal causes of refunds resulting from overtaxation: 1) court rulings settling disputed intricacies of the revenue law, already...

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