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Truman And Tax: Baker Scandal Ties To 1948 Fund
The 1948 IRS ruling on Welburn Maycock's case linked to a $30,000 Truman campaign fund raise. Maycock, then DNC general counsel, sought aid from Louis Markus and William Solomon to win a capital gain tax ruling for Lasdon's antibiotics patents. A $65,000 payoff followed, split with Maycock receiving $17,500 while Markus and Solomon shared $17,500 and other sums.
MENTIONED IN THIS ARTICLE
Lyle Wilson
United Press International
Bobby Baker
Internal Revenue Service
Harry S. Truman
Washington
Truman
U.S
Tax Court
Welburn Maycock
Commissioner of
Internal Revenue
Maycock
Democratic National Committee
IRS
National Committee
New York City
Louis Markus
American Bowling and Billiard Co
William Solomon
New York
Markus
William S. Lasdon
Lasdon
May-cock
Solomon