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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")
Publishing head proposes plan to senate for absorbing bulk of 11,000,000 unemployed. Washington, D.C., Nov. 22. Head of the Curtis Publishing Co. Walter D. Fuller, to proposed to a Senate Finance Subcommittee a system of incentive taxation to enable industry to absorb the bulk of the 11,000,000 unemployed. When asked by the committee if he believed 'if we poured it in at the top it will trickle down to the bottom where it is needed' Fuller answered 'that the important thing to do for the workmen of this country is to get them back to work and then put as much as possible in their pay envelopes'
Summary
A black and white photo of a man sitting at a table.
Public domain portrait photograph, free to use, no copyright restrictions image - Picryl description
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Date
1922
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.
