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Word: reductionâ (lookup in dictionary) (lookup stats)
Dates: during 1923-1923
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Usage:

...Reduction???"It is possible . . . to make a large reduction in the taxes of the people. . . . This is treated at greater length in the budget message, and a proposed plan has been presented in detail in a statement by the Secretary of the Treasury, which has my unqualified approval. I specially commend a decrease on earned incomes and further abolition of admission, message and nuisance taxes. . . . Being opposed to war taxes in time of peace, I am not in favor of excess profits taxes. . . . For seven years the people have borne with uncomplaining courage the tremendous burden of national and local...

Author: /time Magazine | Title: The Message | 12/17/1923 | See Source »

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