TAXATION: Results

Last week the Ways and Means Committee of the House drove ahead and practically completed the tax bill which it will offer to the House early in December. The preparation of the bill was almost a record for speed and efficiency. The reason for this unusual procedure was simple; the Democrats on the Committee cooperated in drafting the bill instead of trying to oppose every proposition put forward by the majority. It is one of the few important bills in recent years aside from War measures, which the opposition party, whether Democratic or...

Want the full story?

Subscribe Now

Subscribe
Subscribe

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 TIME.com

Learn more about the benefits of being a TIME subscriber

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