Tax Bill Aims for 25 Billion Revenue Next Year
The Ways and Means Committee nears completion on corporation and excess profits provisions with plans to tax individual incomes later. They target 7.6 billion dollars in extra revenue and exclude Social Security Act amendments for now. The article notes inflation concerns, farm group worries over oleo publicity, and broader war economy measures led by Washington experts.
MENTIONED IN THIS ARTICLE
Ways and Means Committee
Sam
Dairy Farm Bloc
Washington
Middlewest Farm District
Senate
Guy Gillette
Iowa
War Production Board
Tax plan eyed profits cap tied to war needs
The House Banking and Currency committee discussed limiting profits to six percent while the Price Control bill was in play. Tax returns show many incomes above 25 000 with some executives earning 100 000 to 500 000 annually. The president’s 75 000 salary is included in the 25 000 plus group and opposition to a 25 000 cap remains, as Ways and Means weighs raising excess profits taxes to 85 or 90 percent.
MENTIONED IN THIS ARTICLE
House Committee On Banking
Ways and Means Committee
Local families gather for weekend dinner and visits
Mr and Mrs Charles Andersen of Long Beach California and Howard Andersen with their families joined Miss Marian Johnson of Omaha as guests at Sunday dinner hosted by Mrs Albert Johnson. Sunday afternoon visitors included multiple Andersens Lundstrom Gestrine Kruise Nelson and Johnson families from York and California, with several relatives staying through the week before departing for Omaha Monday.
MENTIONED IN THIS ARTICLE
Charles Andersen
Long Beach
Calif
Howard Andersen
Marian Johnson
Omaha
Robert Willits
Polk
Martin Lundstrom
Albert Johnson
Richard Lundgren
California
Martin Gestrine
Roger
John Kruise
York
Gothard Nelson
Albin Johnson
Hilma Toline
Mabel Olson
Edna Lundgren
World Herald State Journal Renewal Savings
An advertising notice promises reduced renewal costs for readers of the World Herald and State Journal, urging savings on subscription renewals. The message emphasizes lower rates and asks readers to act to lock in cheaper prices.
MENTIONED IN THIS ARTICLE
World-Herald
State Journal
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Doll’s Big
Colorado
Virginia
Sudan
Texas
Doll’s Seed & Nursery CO
Osceola
Columbus
Dwight Griswold
Nebraska
Leon Henderson
OPA
Grant McFayden
Nebraska Opa
Seattle
Abraham Vereide
United States
Drayer
Army Exchange Service
Fort Geo. G. ‘Meade
Maryland
Congress
Board of ‘County Commissioners
Polk County
Wit County General Fund
Consumers Public Power District Rights
Mrs. Ray
Hartson
Theo. Larson
G. T. Ray
Frye Mfg. 'Co
Haven
Farmers Co-Op Grain
Hammond & Stephens Co
Hotchkiss & Wells
I. D. Huston
Iowa-Nebr
Margaret ‘M. Kozal
Milburn & Scott Co
Court House
Polk Progress
Shelby Sun
Fred Shestak
Olive McPeth Co
Polk ‘County Democrat Printing
Harts
Dale Watkins
Helen ‘Dake McCormick
Harriet Smith Johnson
Bess Gearhart ‘Morrison
Arthur S
Nelson Co
Eeaeverveen
T. A. Reece Clk
Maune
Gunnard Peterson
Bruce Pickett
Co. Farm
Jackson Linen ‘Supplies Service Ee Ee
Jackson Dry
Gertrude Reece Clerical Co. Treas
Eeraeteeneseasne
Soldiers & Sailors Relief
Mothers Pension Fund
Edith Brandt
Lena B. Johnson
Eernea
Evelyn Schwartz
Florence Johnson
R. L. Anderson
Catherine Miner
Norine Micek
Emergency Relief Fund
R.L. Anderson
W. N. Blome
R. Russell Best
Eset
Fricke Drug Company Medical Ce
Food ‘Center
Stromsburg
I. D. Huston Food
Osceola Hospital
John Zohner
Dr. J. B. Williams Medical Ee
Ageerteeraenuan
Owen McClung
Marion Thomas
Overland Sand & Gravel Co
Owen ‘McClung Co
A. N. Nelson
John B. Braithwait
Central Supply Co
Cam Hl
John W
R. R. Urban
Oscar Anderson
Lewis Dunn
Carl Wieseman
Com. Dist
Alvin Dahlin
City of
Keeosaevoeetnaner
L. C. Orendorff
Wee
Amel
W. H. Bovey & Son
W. R. Whitacre Repair
Lincoln Road Equip. Co
Sundberg & Son
Farmers Union Co-Op Oil Ass
N. Polk Gas
J. B. Myers
Eeva DB
Bee Service
Chas. E. Hastert & Son Mdse
John W. Oberg & Son
Johnson Chevrolet Co
O. F. Branting & Son
Finer Swanson Labor
Ernest M. Carlson
Emerald Johnson
Chester Larson Same
Clarence Lindquist
Einer Swanson
O. F. Branting & Son Mdse Essere Eesree Eee
Essen
Road Equipment Fund— Landin
Gas Eaeeeaeaseaesecesse Eeene
Farmers Union ‘Co-Op Oil Ass’n. Same
John W. Oberg
Byron Johnson
Dan Magnuson
Logan VanHoosen
Maurice Richards
O. F. Branting & Sons
Eli W. Johnson
Wilmer Johnson
Eoaaeaes
Ralph Donelson
W. R. Donelson
F. A. Swanson
Gust Eklund
Arney Johnson
S. H. Cook
Joseph Sundberg
R.id. No
Emil Larson
Lloyd Nittgren
Ansel Lindquist
R. D. No. G— O. F. Branting & Sons
Albin Stachura
Felix Stachura
Lambert Boruch
Board of
County Commissioners
County General Fund
John S. Anderson
L. M. Merrick
T. A. Reece
Arthur
Nelson
John I. Anderson
Swede Home News
Carleton Anderson
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