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" Another reform which is urgent in our fiscal system is the abolition of the right to issue tax-exempt securities. The existing system not only permits ^a large amount of the wealth of the Nation to escape its just burden but acts as a continual stimulant... "
Revenue Sharing and Its Alternatives, what Future for Fiscal Federalism ... - Page 859
by United States. Congress. Joint Economic Committee. Subcommittee on Fiscal Policy - 1967 - 1521 pages
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The Budget: A Monthly Magazine to Advocate Economy and Efficiency in the ...

Walter Gray Miller - Budget - 1923 - 208 pages
...fiscal system is the abolition of the right to issue taxexempt securities. The existing system not only permits a large amount of the wealth of the Nation to escape its just burden but acts as a continual stimulant to municipal extravagance. This should be prohibited by constitutional...
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Time, Volume 2

Briton Hadden - Current events - 1923 - 436 pages
...fiscal system is the abolition of the right to issue tax-exempt securities. The existing system not only permits a large amount of the wealth of the nation to escape its just burden, but acts as a continual stimulant to municipal extravagance." Tariff Revision — "The present...
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The Constitutional Review, Volume 8

Constitutional law - 1924 - 298 pages
...fiscal system is the abolition of the right to issue taxexempt securities. The existing system not only permits a large amount of the wealth of the nation to escape its just burden, but acts as a continual stimulant to municipal extravagance. This should be prohibited by constitutional...
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Income-tax Exemptions: Hearings Before the Subcommittee of the Committee on ...

United States. Congress. Senate. Committee on the Judiciary - Income tax - 1937 - 92 pages
...fiscal system is the abolition of the right to issue tax-exempt securities. The existing system not only permits a large amount of the wealth of the Nation to escape its just burden but acts as a continual stimulant to municipal extravagance. This should be prohibited by constitutional...
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Income-tax Exemptions. Hearings Before the Subcommittee...on S.J. Res. 5...S ...

United States. Congress. Senate. Committee on the Judiciary - 1937 - 86 pages
...fiscal system is the abolition of the right to issue tax-exempt securities. The existing system not only permits a large amount of the wealth of the Nation to escape its just burden but acts as a continual stimulant to municipal extravagance. This should be prohibited by constitutional...
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Papers Relating to the Foreign Relations of the United States, Volume 1

United States. Department of State - Latin America - 1938 - 1096 pages
...fiscal system is the abolition of the right to issue tax-exempt securities. The existing system not only permits ^a large amount of the wealth of the Nation to escape its just burden but acts as a continual stimulant to municipal extravagance. This should be prohibited by constitutional...
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The Americana Annual: An Encyclopedia of Current Events

Alexander Hopkins McDannald - Encyclopedias and dictionaries - 1924 - 958 pages
...fiscal system is the abolition of the right to issue tax-exempt securities. The existing system not only permits a large amount of the wealth of the nation to escape its just burden but acts as a continual stimulant to municipal extravagance. . . . All the wealth of the nation...
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The Reference Shelf, Volume 3, Issue 1

Debates and debating - 1925 - 136 pages
...fiscal system is the abolition of the right to issue tax-exempt securities. The existing system not only permits a large amount of the wealth of the Nation to escape its just burden but acts as a continual stimulant to municipal extravagance. This should be prohibited by constitutional...
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The American City, Volume 30

Arthur Hastings Grant, Harold Sinley Buttenheim - Cities and towns - 1924 - 870 pages
...fiscal system is the abolition of the right to issue tax-exempt securities. The existing system not only permits a large amount of the wealth of the nation to escape its just burden, but acts as a continual stimulant to municipal extravagance. This should be prohibited by constitutional...
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