National Affairs: Couzens' Committee

The Senate Committee investigating the Bureau of Internal Revenue, of which committee Senator Couzens of Michigan is chairman, having last spring made public some 15 volumes of evidence, last week made public a few volumes more. The volumes deal with the technical administration of the income tax unit, and criticize the Treasury's allowance for depreciation, "discovery values" of oil wells, and other technical decisions by which it is claimed that in specific instances the Government lost $5,000,000 in taxes here and $25,000 there, and $10,000,000 somewhere else—with the inference that if these cases show some...

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!