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Little fellow pays most of the taxes. Washington, D.C., Nov. 8. The House Ways and Means Sub-Committee learned today that taxpayers in the income bracket from $5,000 to $25,000 a year make most of the Capital gains and pay most of the tax, treasury experts who gave the information also presented a table showing that the Capital gains tax yielded $516,000,000 in 1929 and brought in approximately $85,000,000 last year, photographed at the hearing today were left to right: Cong. Robert Doughton, Chairman of the House Ways and Means Committee; Roswell Magill, Undersecretary of the Treasury; and Cong. Fred Vinson, Chairman of the House Sub-Committee. 11/8/37

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Little fellow pays most of the taxes. Washington, D.C., Nov. 8. The House Ways and Means Sub-Committee learned today that taxpayers in the income bracket from $5,000 to $25,000 a year make most of the Capital gains and pay most of the tax, treasury experts who gave the information also presented a table showing that the Capital gains tax yielded $516,000,000 in 1929 and brought in approximately $85,000,000 last year, photographed at the hearing today were left to right: Cong. Robert Doughton, Chairman of the House Ways and Means Committee; Roswell Magill, Undersecretary of the Treasury; and Cong. Fred Vinson, Chairman of the House Sub-Committee. 11/8/37

description

Summary

A black and white photo of three men in suits.

Public domain portrait photograph, free to use, no copyright restrictions image - Picryl description

date_range

Date

1937
person

Contributors

Harris & Ewing, photographer
place

Location

Washington, District of Columbia, United States38.90719, -77.03687
Google Map of 38.9071923, -77.03687070000001
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Source

Library of Congress
copyright

Copyright info

No known restrictions on publication.

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