U.S.A. FINANCE
PRESIDENT'S MESSAGE TO CONGRESS. DESIRE TO END EXEMPTION FROM TAXES. WASHINGTON, April 25. In an effort to obtain sufficient money to meet the mounting relief and recession pump-priming costs. President Roosevelt sent a message to Congress making for a law ending the income tax exemption of all Government salaries and securities. He pointed out that men of great means were placing large fortunes in tax exempt securities, seriously menacing the fiscal systems of the States and the Federal Government.
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Wairarapa Times-Age, 27 April 1938, Page 7
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81U.S.A. FINANCE Wairarapa Times-Age, 27 April 1938, Page 7
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