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...swift passage of a tax-reduction bill. Last week House Speaker Joe Martin predicted that Congress would "send the White House a tax present some time in January." The present he had in mind was the bill introduced in December by Minnesota's persistent Harold Knutson, whose two previous bills were vetoed by Harry Truman. The new bill would cut taxes some $5.6 billion, by reducing rates and increasing personal exemptions...

Author: /time Magazine | Title: THE CONGRESS: Fateful Calendar | 1/12/1948 | See Source »

Most of the clamor for income-tax reduction was made last year by Republicans. Twice, Minnesota's Harold Knutson, chairman of the House Ways & Means Committee, saw bills of his sponsoring reach the White House only to be vetoed by Harry Truman. At the end of the last session of Congress, he came up with a third, calling for a cut of $5.6 billion...

Author: /time Magazine | Title: TAXES: What Did He Say? | 1/5/1948 | See Source »

Minnesota's Congressman Harold Knutson, 67, who thinks a lot about taxes, suddenly burst out with a Barefoot...

Author: /time Magazine | Title: People: People, Dec. 1, 1947 | 12/1/1947 | See Source »

...Honorable Harold Knutson, Chairman of the House Ways and Means Committee, declares that one of the first items on the agenda of the special session of Congress will be income tax reductions. He, personally, will see to it. Furthermore, he has just received the report of a citizens advisory group, headed by Roswell Magill, which report advocates lower income taxes together with forty changes in the Federal Revenue Code. This is the report which Drew Pearson charged was prepared on Wall Street. He claimed that if its suggestions were adopted the income tax laws would be shot so full...

Author: NO WRITER ATTRIBUTED | Title: CUT! | 11/6/1947 | See Source »

Representative Knutson (R-Minn.) will proceed with his drive for a $4,000,000 tax cut notwithstanding the recommendation by Administration advisers that taxes be held where they are to help pay the bill for aid to Europe and curb inflation. "I hope it will be the first major piece of legislation passed at the special session," Knutson, head of the House Ways and Means Committee, said yesterday...

Author: NO WRITER ATTRIBUTED | Title: Truman Economists May Ask for Three Million Outright for Europe As UN Seeks Early Adjournment | 11/3/1947 | See Source »

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