Word: doughton
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Last week President Roosevelt came down from principle to practice on his social tax program. To his air-cooled White House office he called Chairman Robert L. Doughton, a potent handful of Ways & Means Committeemen and several tax experts to face with him the fact that sky-high rates on a few very rich men and a few very large estates would produce only a ridiculously small amount of additional revenue for the treasury. Upshot of the conference was a tacit agreement that the forthcoming tax bill would have to bear down harder not only upon the super-millionaires singled...
Said Chairman Doughton as he emerged fiom the White House: "We will write the most equitable and scientific bill we can. . . . We can write it as we please." Then he added: "We have no constitutional right to levy taxes for any other purpose than to raise revenue...
...that last sentence Chairman Doughton expressed the feeling of a large conservative wing of Democratic Congress-men-those who do not care to be tagged with the label of "soaking the rich." To 'avoid that label many a Congressman would like to see the President's tax proposals broadened to include others than multimillionaires. Progressive Senator La Follette favors reducing personal income tax exemptions. Republican Senator Arthur Vandenberg of Michigan asserted...
...taxes on the rich as a means of distributing wealth and went gaily off to the crew races at New London. When he returned to Washington five days later he called Vice President Garner, Speaker Byrns, Senate Majority Leader Robinson, Senate Finance Chairman Harrison and Ways & Means Chairman Doughton to the White House for a conference that lasted nearly three hours. These five Administration bigwigs emerged to announce that the President's new tax plan would be appended by the Senate to the House joint resolution extending a batch of nuisance taxes (TIME, July...
...Twenty-two Senators headed by Wisconsin's La Follette signed a round robin declaring that Congress should stay in session until the new taxes are enacted. After five days of stewing President Roosevelt summoned Speaker Byrns, Vice President Garner, Senator Harrison, Majority Leader Robinson and Chairman Doughton of the House Ways & Means Committee to the White House. After nearly three hours' debate, Senator Robinson emerged to announce that the President had decided to push the tax program through this session of Congress. He proposed to attach it to a joint resolution extending certain "nuisance" taxes which must...