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![Dupont opposes incentive taxation. Washington, D.C., Dec. 1. Appearing before the Senate Finance Subcommittee investigating profit sharing systems, Lammont DuPont, President of the E.I. DuPont De Nemours Co., today declared his opposition to incentive taxation as an inducement of social management of industry. He said that by careful study he had not been able to discover any practical[?] method for the federal government to introduce any plan of rewards or penalties in the tax system which will promote the exercise of sound business judgment](https://cache.getarchive.net/Prod/thumb/cdn4/L3Bob3RvLzIwMTUvMTEvMjUvZHVwb250LW9wcG9zZXMtaW5jZW50aXZlLXRheGF0aW9uLXdhc2hpbmd0b24tZGMtZGVjLTEtYXBwZWFyaW5nLWJlZm9yZS10aGUtNjQwLmpwZw%3D%3D/40/31/webp "Dupont opposes incentive taxation. Washington, D.C., Dec. 1. Appearing before the Senate Finance Subcommittee investigating profit sharing systems, Lammont DuPont, President of the E.I. DuPont De Nemours Co., today declared his opposition to incentive taxation as an inducement of social management of industry. He said that by careful study he had not been able to discover any practical[?] method for the federal government to introduce any plan of rewards or penalties in the tax system which will promote the exercise of sound business judgment")
Tax expert favors incentive taxation. Washington, D.C., Dec. 12. Lovell Parker, who resigned last year after serving 12 years as tax expert for the Joint Congressional Finance Committee, today told the Senate Finance Subcommittee that he felt incentive taxation should be given a trial. He said that an outlay of $10,000,000,000 would be necessary annually to try this plan of speeding up business and industry
Summary
A black and white photo of a man sitting at a desk.
Public domain portrait photograph, free to use, no copyright restrictions image - Picryl description
Tags
Date
1900 - 1940
Contributors
Harris & Ewing, photographer
Location
Washington, District of Columbia, United States, 38.90719, -77.03687
Source
Library of Congress
Copyright info
No known restrictions on publication.
