Word: taxing
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Dates: during 1920-1929
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...assessor, under the law, asks, not--"How much have you benefited?", but "How much can you afford to pay?" This is a policy which we would not tolerate in our private affairs: and it is not strange that the application of that policy to us in our tax-paying relation arouses resentment...
...which is economically warranted must reflect in some direction the benefit which accrues thereby. And if we could only find that element in the public economy which reflects the benefit, and use that, and that only, as the basis of taxation, it seems that a large part of our tax difficulties might disappear. Let us examine, then, the elements in the public economy...
...Congress: He was elected to the Senate in 1922 for a full six-year term. Last year he was reelected. He voted for Tax Reduction (1924, 1926, 1928), Flood Control (1928), Farm Relief (1927, 1928, 1929), the Cruiser Construction Bill (1929), Radio Control (1928), Reapportionment (1929) and the Jones (increased Prohibition penalties) Law (1929). He voted against the Soldier Bonus (1923). He votes Dry, serves no liquor in his own home, takes a drink out when offered. Legislative Hobbies: Tariff and tax protection for Pennsylvania industries; military affairs; immigration...
...fight in the Senate for higher tariff rates for Pennsylvania's wares. Thwarted by the Progressive Republican-Democratic coalition, he testily predicted the Tariff Bill's death. He is ever active to lower surtax rates on large incomes, to reduce the corporation tax. In general his fiscal policy is identical with that of Secretary of the Treasury Mellon, his great and good friend, whom he has repeatedly defended against attacks by Senators Couzens of Michigan and Walsh of Montana...
...violin, plays it well. But he would not fiddle at a fire. House Joint Resolution No. 133 gave the Speaker a splendid chance to contrast with the Senate's sloth his own House's prized efficiency. H. J. Res. 133 was the measure providing the 1% income tax reduction called for by President Hoover (TIME, Dec. 9). The Ways & Means Committee had given it a favorable report in 30 minutes. For its discussion on the floor the Speaker allowed the House just three hours. To the debate he did not have to listen, because he turned the chair...