Tax hikes in 1951

Looks like we were raising money for defense in 1951 also.

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Clipped by jakehathaway

Tax hikes in 1951 - Major Fight Brewing In Congress Over National...
Major Fight Brewing In Congress Over National Sales Tax I of WASHINGTON (UP) -- A fight is brewing m tlie new Con- on whether a national sales h i s tax should be imposed to meet mounting defense costs. Some members said a sales would be about the only avenue to- around open to Congress if it meets the h e He put more in billion dent Truman's demands for up-1 wards of $15 billion in additionall revenue But other members said they oppose a sales tax under any circumstances A leader ol this group,. Rep. John D. Dingcll (D-Mich) it would hit hardest at the low come groups. "I am uncompromisingly opposed to a federal sales tax," he "There are other revenue sources to tap before we hit at the workman with five children." In c h "ing Rep. Daniel A. Read (R-NY). ranking GOP member of the framing House Ways and Means committee, told a reporter" Congress Congress "will have to go to all of lengths if it is going to meet the fantastic 'revenue demands of the President." Hep. Robert W. Kean (R-NJ) of Reed's colleagues on Ways Means, said he personally had always on-Dosed a sales tax but "we will have to consider it if are going to raise taxes anything like as much as the President proposes."

Clipped from
  1. The Dothan Eagle,
  2. 14 Jan 1951, Sun,
  3. Page 1

jakehathaway Member Photo
  • Tax hikes in 1951 — Looks like we were raising money for defense in 1951 also.

    jakehathaway – 27 Nov 2012

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