1946 Correspondence Between E.R. Ledbetter and George B. Schwabe on Section 101 of the Internal Revenue Code and Tax Exemption, 1946-07-15

Item — Box: 7, Folder: 9

Identifier: CAC_CC_047_1_7_9_0004

Staff Only

1946 Correspondence Between E.R. Ledbetter and George B. Schwabe on Section 101 of the Internal Revenue Code and Tax Exemption, 1946-07-15

The letter is a response from George B. Schwabe, M.C. to E. R. Ledbetter regarding tax exemption under Section 101 of the Internal Revenue Code. Schwabe expresses doubts about a new income tax bill being brought out before Congress adjourns and emphasizes the importance of all concerns being taxed on a comparable basis. He criticizes the government's involvement in business and expresses opposition to planned economy principles. Ledbetter's original letter to Schwabe highlighted the issue of tax-privileged competitors in America and requested that all insurance companies be taxed on the same basis. Ledbetter urged Schwabe to consider this matter and ensure fair taxation for all insurance companies.

Dates

1946-07-15

Creator

Schwabe, George Blaine, 1886-1952 (Person)

Language of Materials

English

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