Word: taxes
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Dates: during 1940-1949
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While the nation's attention is absorbed by the Lilienthal case, budget and tax curs, and labor legislation, the Republican leadership with unusually little noise and difficulty has obtained all bit final Congressional approval for a constitutional amendment limit Presidential tenure. This piece of "must" legislation is another all-too-common example of hasty, vengeance-begotten acts which have already thrown the 80th Congress into a maze of political confusion on each of the three, mentioned spotlighted issues...
Knutson declined to estimate when he may not income tax hearings to begin, saying only the matter must wait until the budget issue is settled...
With the Senate apparently ready to hold the budget cutting to $4,5000,000,000 to avoid slashes for the Army and Navy Knutson said that if the lower cut prevails "the tax reduction this year certainly will be something less than 20 percent...
WASHINGTON, February 17--A "hold everything" order today forced the post-ponement of House legislation to cut income taxes, even as the Senate voted to keep in effect the high wartime tax rates on luxuries, travel and telephone bills...
...announcing the order, Chairman Knutson (R-Minn) of the House Ways and Means Committee told reporters that if Congress falls to slash $6,000,000,000 from President Truman's $37,500,000,000 budget, "it will kill any idea of a 20 percent (income) tax...