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Sugar coating charges at tax hearing in Washington
Washington August 10 The Roosevelt administration faces accusations of sugar coating its plan to permit amortization for munitions makers and excess profits tax. Senator Clark says the tax is a cover to push amortization while Treasury estimates clash with congressional figures on revenue. Debate centers on deductions, corporate impact, and the timing of House action as hearings wind down.
MENTIONED IN THIS ARTICLE
Washington
UIS
Roosevelt
Clark
House
Ways and Means
Senate Finance Committees
Congressional
Treasury
Council
Rational Defense Council
Congress
Pat Harrison
D.-Miss
Finance Committee
Sullivan
Olin F. Stam
Congressional Tax Staff
Buillivean
Benster Brown
D.-Mich
Builyan
Wlrgest
Doughton
D-N. C