TAXATION: Slapdash Law

One afternoon last week conferees of Senate and House came to agreement on the Revenue Act of 1936. It was not the law proposed in general terms by President Roosevelt on March 3, not the bill cavalierly passed by the House on April 29, not the bill passed after more careful examination by the Senate on June 5. It was a brand-new tax bill, concocted in conference, a cross between the House and Senate bills. Day after its birth the hybrid bill was rushed to the House floor. No copies of the conference...

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