Taft Poised as GOP Leader in shifting 1948 race
Senate notes imagine Taft becoming domestic leader as Republican primaries reshape the field. Discussions outline Bricker, Dewey, Vandenberg roles, with Warren and Stassen prospects shaping the nominating contest. The piece argues party organization governs primaries more than voters.
MENTIONED IN THIS ARTICLE
Taft
Washington
Ohio
Robert Taft
Senate
Truman
Carroll Reece
Ior Warren
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Warren
Pacific States
Nebraska
Minnesota
Stassen
Thye
Shipstead
Russia
Bricker
New York
Dewey
Vandenberg
Michigan
Pennsylvania
Indiana
Willis
House
Congress
War era tax loophole fuels big business refunds
The Senate Finance Committee preserved carry back refunds on unused excess profits credits, allowing corporations with strong 1936–1939 earnings to adjust 1946 taxes. General Motors may seek about 80 million dollars. Rep. Bailey seeks repeal, while Rep. Mills pushes for independent action.
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Washington
Senate Finance Committee
General Motors
Treasury
Cleveland Bailey
Clarksburg
W. Va
House
Ways and Means
Wilbur Mills
Arkansas
Congress
Mills
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