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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

Little fellow pays most of the taxes. Washington, D.C., Nov. 8. The Ho...

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Discuss tax revision with president. Washington, D.C., Nov. 9. President Roosevelt today called a special meeting of the Government's tax experts at the White House. Leaving the meeting Rep. Robert L. Doughton, Chairman of the House Ways and Means Committee, told reporters that tax revision and proposed farm levies were discussed with the President. Left to right: Daniel Bell, Director of the Budget; Rep. Fred Vinson of Kentucky, Chairman of the House Ways and Means Committee now studying tax revision; Secretary of the Treasury Morgenthau; Roswell Magill, Undersecretary of the Treasury; and Rep. Robert L. Doughton.

Discuss tax revision with president. Washington, D.C., Nov. 9. Preside...

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Secretary and new Undersecretary of Treasury see President Roosevelt. Washington D.C. Secretary of Treasury Morgenthau (right) with Roswell Magill, newly appointed undersecretary, as they left the White House today after a confereence with President Roosevelt

Secretary and new Undersecretary of Treasury see President Roosevelt. ...

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Treasury Chief before Senate Finance Committee. Washington, D.C., Mar. 14. Roswell Magill, Undersecretary of the Treasury, as he appeared before the Senate Finance Committee today, and told them that the House approved tax bill will not meet the governments revenue needs, Sen. William H. King, of Utah, in the center and Sen. Pat Harrison, of Miss. and Chairman of the Committee on the right, 3/14/38

Treasury Chief before Senate Finance Committee. Washington, D.C., Mar....

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Revenue agents meet with Treasury officials. Washington, D.C., May 12. Internal Revenue agents from 37 key cities in the United States and Alaska began a four-day conference today with treasury officials to devise means of expediting and improving field audits of income tax returns. Secretary Morgenthau told the conferees that they had a big responsibility in connection with federal financing and budget balancing. It was their job, he said, to see that the government got its revenue. In the photograph, left to right: (seated ) Guy T. Helvering, U.S. Commissioner of Internal Revenue; Roswell Magill, Undersecretary of Treasury; Charles T. Russell, Deputy Commissioner of Internal Revenue; Milton C. Carter, Assistant to the Commissioner. Back row, left to right: W.A. Holt, Oklahoma City; W.L. McBride, Chicago; George E. Neal, Detroit; R.T. Miles, Buffalo; D.W. Reynolds, Milwaukee; John R. Kirk, Cleveland, 5/12/1937

Revenue agents meet with Treasury officials. Washington, D.C., May 12....

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Treasury promotions. Washington, D.C., Oct. 31. John W. Hanes, left, today took the oath as Undersecretary of the Treasury, while Eugene S. Duffield, right, was sworn in as a special assistant to the Secretary. Secretary of Treasury Morgenthau seems happy over the selection of his new assistants. Hanes succeeds Roswell Magill and Duffield takes over the job made vacant by the promotion Cyril B. Upham to be Comptroller of the currency, 10/31/38

Treasury promotions. Washington, D.C., Oct. 31. John W. Hanes, left, t...

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