Washington Letter Urges Democrats to Back Congress Candidates
Washington letter argues that a Democratic majority in Congress would have cut tariffs and saved consumers hundreds of millions annually. It cites vetoes by President Taft and details proposed bills on agricultural implements wool cotton fabrics and metal and chemical schedules with projected consumer savings.
MENTIONED IN THIS ARTICLE
Washington, D. C
Congress
House of Representatives
House
Taft
United States
Sugar on free list would save consumers millions yearly
The bill to place sugar on the free list would save at least 715,000,000 annually to consumers. Sugar tariff taxes about 11 2 cents per pound on U S consumption of 7,663,000,000 pounds yields a potential 3115,000,000 in savings. The House also passes an excise tax bill expanding the Corporation Tax to individuals and firms, shifting burdens to the wealthy and away from those earning under 2,000 dollars annually.
MENTIONED IN THIS ARTICLE
United States
Agu
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