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NAM Calls Profits Tax Unsound as Senate Talks
The National Association of Manufacturers repeats that the excess profits tax is bad and inflationary while the Senate Finance Committee moves toward rapid approval. NAM proposes a corporation defense tax as a flat percentage increase to ordinary income tax instead. NAM chief Charles R. Sligh Jr. warns it would spare small and growing firms from harm.
MENTIONED IN THIS ARTICLE
Washington (P
National Association of Manufacturers
Senate Finance Committee
N.A.M
Truman
Charles R. Sligh, Jr
NAM
Charles R. Sligh Co
Holland, Mich
Sligh
Congress
House
George
D.-Ga