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Roosevelt Tax Plan Tests Congress With New Levy Demand
President Roosevelt asks Congress to enact near billion dollar annual yields via new taxes, challenging opponents to back the plan or face continued attacks over deficits. He cites Supreme Court rulings and AAA funding as reasons while opponents balance political risk and alternatives. The debate centers on undistributed corporate profits taxes, windfall levies, and dividend taxes amid broader fiscal reform.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Treasury
Congress
Capitol
House
Senate
Frank Kent
Supreme Court
Agricultural Adjustment Administration
AAA