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New York Board of Trade says 'nonsense' to charges on capital strike. Washington, D.C., June 3. M.L. Seidman, Chairman of the New York Board of Trade Tax Committee suggested a 10 point tax program to the House Ways and Means Committee. He brought out that business would lose its fear of striking out for recovery if it knew in advance where Congress would place taxes. He said that removal of numerous taxes and replacement of that federal income by broadening of the income tax base might be a solution. Said he, ' We hear it said that capital is on strike. But, that is sheer nonsense. What we lack is a willingness to run the risk of employment against too many odds'

New York Board of Trade says 'nonsense' to charges on capital strike. ...

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