TAX EXEMPTION
abandonment sought.
(United Press Association—-By Electric
Telegraph—Copyright),
WASHINGTON April. 25,
In an effort to obtain sufficient money to meet mounting relief costs and the costs of recession “pump-prim-ing,” President Roosevelt has sent a message, to Congress, asking for a law ending the present exemption from income tax of all Government salaries and securities.
He pointed out that .men of great means were placing large fortunes in tax. exempt securities; thereby seriously menacing the fiscal systems of the States and the Federal.,Governments.
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Bibliographic details
Hokitika Guardian, 27 April 1938, Page 6
Word Count
83TAX EXEMPTION Hokitika Guardian, 27 April 1938, Page 6
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