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Bankers warn against myths of tax loopholes and profits
The American Bankers Association president urged bankers to reject myths about excessive profits and tax loopholes. He cited oil depletion allowances and lawful deductions as incentives, urging constant review of tax laws while stressing banking remains enduring.
MENTIONED IN THIS ARTICLE
Dallas
American Bankers Association
Stults
Sen
George McGovern
Sen. McGovern
Richard Lugar
Indianapolis
Nixon
Lugar