Word: garnering
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Dates: during 1920-1929
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...Considered at length the Mellon (25% surtax) bill for tax reduction, with its three alternatives; the Green (compromise Republican) 35% surtax measure, the Frear (insurgent Republican) 50% surtax-excess profits tax measure, the Garner (Democratic) 44% surtax measure...
...Mellon tax bill was taken up on the floor of the House. Debate, daily and prolonged, began. The ranking member of each party on the Ways and Means Committee. Representative Green for the Republicans, Representative Garner for the Democrats, doled out speaking time to their followers after laying down a preliminary barrage in person...
Representative Garner, ranking Democratic member of the Ways and Means Committee, is naturally the spokesman of his group in the House. He objects to the Mellon proposal on two chief counts: 1) that it reduces surtaxes on high incomes; 2) that it does not grant to farmers and small tradesmen the benefit of a 25% reduction for "earned income," since that term is limited to "salaries, wages and professional fees...
...stock dividends (this has been declared illegal by the Supreme Court, but Mr. Garner would force the Court to reconsider the matter...
...Garner declared: "I can promise now that I can present a plan which will raise $500,000,000 new taxes with little complaint about it, and also relieve the people of $270,000,000 tax burdens. I would shift $500,000,000 from the shoulders of those least able to bear it and place it where the burden could be better sustained. ... In any bill I write, the principles will be economically sound. I will never do anything to impair the right of property. I am a property owner myself and I believe in respecting that right...