Word: taxing
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Dates: during 1920-1929
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...only one source of worry to President Coolidge last week. The end of the Congressional session was approaching,* and with it the last-moment votes for all manner of Federal outlay. Senator Smoot was going slowly with the Revenue Act and its $200,000,000 or so reduction of taxes. Some said his motive was to delay the Senate's vote on the Boulder Dam bill. But in the light of an announcement by Representative Snell of New York, trusted Administration man, it looked as though President Coolidge's ever-quick solicitude for the financial condition...
Last week's ruling in favor of Senator Couzens by the U. S. Board of Tax Appeals not only upheld his 1919 tax payment but found it had been about $500,000 too large. The Couzens case, whether designed by Secretary Mellon or brought out in line of duty, was a backfiring flivver...
Characteristically the Chancellor ignored the warning of his doctor's thermometer, and rushed impetuously into the verbal fray. He found the Laborites preparing to attack his new tax on petroleum fuels from a shrewd angle. They were about to plead with fervor the cause of the-poor-man-with-a-kerosene-lamp...
Since the rural lamp burning vote is combustible, Chancellor Churchill acted with instant decision, and extinguished the Labor attack by announcing that he had decided, overnight, to exempt kerosene from the tax, which, however, will still bear on gasoline. Well pleased at the flurry caused by his announcement, Mr. Churchill added: "His Majesty's Government have no fear that motorists will evade the tax on gasoline by attempting to use kerosene. They would do more harm to their engines than to the Exchequer...
Unfortunately for Expert Samuel a back bencher of the Chancellor's own party (Conservative) arose and protested that a reduction should be made in the case of another of the new Churchill taxes, namely that on British-made cigaret lighters. Against this proposal Expert Samuel, determined to defend his influenza-stricken Chief, set his lips and remained firm. He was then indiscreetly approached by Colonial Secretary Colonel Leopold C. M. S. Amery (strong, speechless man of the Cabinet), who whispered in his ear. At the conclusion of this dramatic whispering Expert Samuel reversed his decision of a moment before...