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Tax Exempt Property Debate and Christmas Spirit
A long editorial argues against expanding tax exemptions for church school city and state lands while warning that tax free federal securities drain productive funds and boost prices. It urges constitutional limits on exemptions and higher taxes on large incomes to ease inflation and support public schools and community needs. The piece ends urging careful, moderate was to ensure welfare of the community and schools during the Christmas season.
MENTIONED IN THIS ARTICLE
Missouri
Bashvens
Treasury Mellon
Congress
Bess