Taxation for National Defense

Archive Report


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Richard M. Boeckel, Editor

Coming Consideration of New Tax Bill

Imposition of heavier taxation to help defray the costs of national defense and of aid to Britain has moved into the foreground of public interest with announcement by Chairman Doughton (D., N. C.) of the House Ways and Means Committee that that body will begin consideration of a new tax bill in mid-April. Armed with data on the yield of existing taxes drawn from the March 15 returns, and with Treasury estimates of the probable yield of rate changes and ...

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