House Passes New Tax Bill 390 to 25
Washington reports the House passed the tax bill 390 to 25 after amendments cutting tenure on the board of tax appeals to fourteen years. Debates included a failed bid to recommit with higher surtax and estate tax caps. The measure, altering income, surtax, and estate taxes, now goes to the Senate for early 1926 consideration.
MENTIONED IN THIS ARTICLE
Washington
House of Representatives
Board of Tax Appeals
Rainey
Illinois
Senate
Finance Committee
23 Found Guilty in Big Distillery Plot
In Indianapolis, twenty three men from St. Louis Cincinnati and Chicago were found guilty in federal court of conspiracy to violate national prohibition laws tied to removing 80000 gallons of whisky from the Jack Daniel distillery in St. Louis. Sentencing set for December 30 with potential two year maximum.
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Indianapolis
St. Louis
Cincinnati
Chicago
Jack Daniel
Robert C. Baltzell
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