Revision of Federal Tax on Capital Gains

Archive Report


The right to reproduce material contained in Editorial Research Reports is strictly reserved to the newspaper clients of the service. Verbatim use of such material by others will be permitted only upon written authorization of the editor.

Richard M. Boeckel., Editor.

Action on Taxes in the Next Congress

President Roosevelt in campaign speeches at Pittsburgh on October 1 and at Worcester on October 21 declared that rising receipts would enable the federal government to balance its budget within a year or two without imposing new or increased taxes. Secretary of the Treasury Morgenthau made a similar statement in an address in New York City, October 23, and Senator Harrison (D., Miss.), chairman of the Senate Finance Committee, concurred with these views at a press conference upon his ...

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