Government Finance: Annual Report ... Presented at the Forty-fifth Congress of American Industry, New York City, December, 1940
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already huge Amendment amortization amount Army and Navy average earnings billion dollars billions of dollars capital stock tax Chatham Civil Purposes Company Conference Board Corporation costs of government declared-value excess profits defensive strength depreciation dividends have already double taxation excess profits tax federal debt federal government fense file consolidated returns fiscal policy government debt government expenditures Government Finance government income government revenue government spending heavy financial burdens impose heavy financial income tax Industry inflation level of government loss carry-over period McWane ment national defense program national income non-defense non-military costs Non-Military Spending normal tax purposes period to five possible without hindering preparedness program President National private indebtedness profits tax recognizes Public Debt Ratio of Tax require returns for normal Revenue Act revenue as possible Second Revenue Sound fiscal Surpless Tax Changes tax principle tax structure TAXES INCLUDE Treasurer Treasury Depart tremendous U. S. Treasury UNITED KINGDOM Vice-President vital defensive