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Revenue battle over war profits in Senate action
The Senate fights over the revenue bill with progressives led by La Follette Johnson Borah Kenyon Hollie and Grenna pushing for higher war profit taxes. The Finance Committee's final plan taxes war profits about 31 percent on average after fierce amendments. Only seven Senators stood against the final decision.
MENTIONED IN THIS ARTICLE
Senate
la Follete
Johnson
California
Borah
Kenyon
Hollie
Grenna
England
Senate Finance Committee
Finance Committee
Bankhead Borah
Gronna
Cal
LaFollette
Underwood
Vardaman