Secretary of the Treasury John Snyder as he explained the President's tax program to the House Ways and Means Committee
Secretary of the Treasury John Snyder as he explained the President's tax program to the House Ways and Means Committee. The proposal was to cut excise taxes $655,000,000 a year, but to boost business, estate, and gift taxes to give the Government an actual net increase of $1,000,000,000 in new revenue. From: Beth Gore