PROCESSING TAXES
A SEVERE BLOW.
™e Agricultural Adjustment Act of the United States has been dealt another Severe blow through an ingranted by the Supreme Court to a group of Louisiana ricemlllers denying the Government the ngut to collect processing taxes. In administering the Act the duty of Urr a M srriC “ lt l ,ral Ac ’j ,lstm ent Adminnmwl , 18 t 0 make to the farmers Payments supplemental, thelr .market returns to adjust i prod uclion of certain basic agriejltura! commodities to the effect’J® , demand f or these commodities Such payments are made only to ’’J 0 a ° •«"* their Vo- ®‘ 011 ; Money to make the payHnn d a med fr om a processing n««tv P lu Pon the commodity in question. The amount of the processing tax is limited to Ihe differ?nce between the current farm price ot the commodity and its purchasing ‘f manufactured commodG ted SfIJSSSf durlns tbe
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Bibliographic details
Bay of Plenty Times, Volume LXIV, Issue 11888, 30 November 1935, Page 2
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151PROCESSING TAXES Bay of Plenty Times, Volume LXIV, Issue 11888, 30 November 1935, Page 2
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