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New York Board of Trade says 'nonsense' to charges on capital strike. Washington, D.C., June 3. M.L. Seidman, Chairman of the New York Board of Trade Tax Committee suggested a 10 point tax program to the House Ways and Means Committee. He brought out that business would lose its fear of striking out for recovery if it knew in advance where Congress would place taxes. He said that removal of numerous taxes and replacement of that federal income by broadening of the income tax base might be a solution. Said he, ' We hear it said that capital is on strike. But, that is sheer nonsense. What we lack is a willingness to run the risk of employment against too many odds'

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New York Board of Trade says 'nonsense' to charges on capital strike. Washington, D.C., June 3. M.L. Seidman, Chairman of the New York Board of Trade Tax Committee suggested a 10 point tax program to the House Ways and Means Committee. He brought out that business would lose its fear of striking out for recovery if it knew in advance where Congress would place taxes. He said that removal of numerous taxes and replacement of that federal income by broadening of the income tax base might be a solution. Said he, ' We hear it said that capital is on strike. But, that is sheer nonsense. What we lack is a willingness to run the risk of employment against too many odds'

description

Summary

A black and white photo of a man in a suit.

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

date_range

Date

1900 - 1940
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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