Tax-Dodging Dollars

May 1942
New Republic;5/25/42, Vol. 106 Issue 21, p731
Presents information on taxation in the U.S. Discusses a new tax bill being drafted by a committee chaired by Robert L. Doughton, a North Carolina dirt farmer; Information that the majority of the committee's members are Southern Democratic time servers and Northern Republican corporation servants; Details of the changes made by the House Ways and Means Committee in the Treasury's tax program; Modification of the corporation-tax schedule to chop off revenues estimated at $691,000,000; Dropping of the reforms which would have taken another $208,000,000 away from especially privileged corporations, principally oil and mining companies; Claim that if the House Ways and Means Committee has its way, incomes will be limited to nothing approaching $25,000 a year in the United States-at-war.


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