Unpocketing the 1943 tax bill chunk by chunk, the House Ways & Means Committee emerged from secret sessions twice last week. Each time the committee threw a few fish to the tax-paying seals. To the little fellow it tossed a slight reduction in the stiff surtaxes previously proposed by Treasury Secretary Morgenthau (they are still double or more last year's on incomes up to $4,000). Lobbed to the big fellow was a liberalization of the capital-gains tax, making it easier to take full account of losses over several years.
The work went...
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