Speed-Up Tax Plan Aims To Bring In $4.2 Billion Early
Washington reports House Ways and Means Committee approved a speed-up of corporation income tax payments to channel about $4.2 billion into the Treasury over five fiscal years. The measure, tied to a $1.01 billion excise tax cut, would shift due dates and end in six months for last year’s taxes, raising early revenue and aiding budget balancing.
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Jaffe May Be Cited On Contempt Charge
Senator Tydings approved the first step toward possible contempt citation for Philip Jaffe who refused to answer questions about the 1945 Amerasia case. Jaffe, editor of Amerasia magazine, faced questions as federal agents seized government documents from Amerasia offices in New York five years earlier. The five member Senate sub committee led by Tydings continues the inquiry into Communists in government as part of McCarthy era investigations.
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Jaffe Contempt Cited in Senate Controversy
Tydings backed a committee recommendation by counsel Ed Javard P. Morgan to cite Jaffe for contempt. Three other members dissented severing the recommendation. The dissenters were Sehaters Green, Landeit Mass, and Hickenlooper. If approved by the full Senate Foreign Relations Committee and the Senate, the recommendation stands.
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Local News Briefs From Frederick on June 21 1950
Frederick Maryland daily notes from Wednesday June 21 1950 report on city happenings. Brief items cover civic affairs weather and community events with concise reporting and no sensational detail.
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Justice Dept to pursue court action on Browder and Field
Morgan said the committee will soon act on recommendations for contempt citations against Earl Browder, former U.S. Communist chief, and Frederick Vanderbilt Field of New York, with the Justice Department moving toward court action.
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