Tax cuts urged to spur postwar business growth
Washington Aug 12 Representative Carlson R Kan member of the house ways and means committee urged postwar tax reductions to promote new business. He called for immediate reduction of excess profits tax cap ital stock and declared value tax and lower corporation and individual income taxes after thorough study to boost employment and private expansion. A second item notes a safer jump from a burning plane near La Junta Colorado as the crew escaped.
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From Girdles to Jeeps Uncle Sam Will Sell All
Washington reports a postwar surplus store plan by the U S government listing girdles chewing gum jeeps and many more items to be offered to the public. The program aims to liquidate up to 105 billion in goods though critics call it financially doomed as hostilities end. A farmer even proposed reserving a PT boat for river trips as a novelty.
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