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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")
Princeton professor says tax program would cost more than it would yield. Washington, D.C., Feb. 7. Harley L. Lutz, Professor of Public Finance at Princeton University, told a Special Tax Committee on Senators that the administrations proposed Reciprocal Tax Program would cost more than it would take in. He based his statement upon a report which he made up for Morris S. Tremaine, Comptroller of the State of New York, 2-7-39
Summary
A black and white photo of a man in a suit.
Public domain portrait photograph, free to use, no copyright restrictions image - Picryl description
Tags
Date
01/01/1939
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.
