Word: randolphs
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Dates: during 1940-1949
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...read the committee some generalities that "The Treasury has diligently sought and will continue to seek funds from those sources where borrowing will have the least inflationary effect, and we have done so with what I believe to be most gratifying results." Then he hastily ducked out leaving Expert Randolph Paul and about two dozen other Treasury experts to face the committee...
...Randolph Evernghim Paul presented the Committee with his biggest tax proposal since he took this job last December. From his predecessor, John L. Sullivan, he had learned never to fight back at a committee. As a tax lawyer in Wall street and as a lecturer on taxation at Yale and Harvard he had learned how to explain and convince. (Says Chairman Doughton of Ways & Means of Paul: "He's about like all them other fellers they send up here, only he don't make...
...When Randolph Paul had finished, the Senate committee piled insult on reproof. It asked him to supply a Treasury proposal for a sales tax-one kind of tax which he has always opposed. As if he had known the worst in advance, Paul fished in his brief case and brought out a sales-tax proposal readymade...
...Senate subcommittee's sudden endorsement of Beardsley Ruml's common-sense plan spelled the end of a fancy retouching job that Treasury's Taxpert Randolph Paul proposed: that relief from taxes due on 1941 incomes be granted only on low-income taxes, leaving high bracketeers with the excellent possibility of owing two years' taxes to be paid from one year's income. If the House still wants a withholding tax, whereby employers deduct tax payments before the pay checks go out, the Ruml plan will make that easier too: there will then be no problem...
...World War I, he commanded the School of Military Aeronautics at Austin, Tex., and later the Randolph Field Air Corps Training Center. A tour as assistant chief of the Air Corps and chief of the training and operations division in 1939-40 prepared him for his present post...