Word: reductionism
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¶The President received the Treasury Department's report on the Tax Reduction Bill as passed by Congress; he held a long conference concerning it with Secretary Mellon; then carried it away for study during a week-end trip aboard the Mayflower. On returning he affixed his signature to...
The Tax Reduction Bill lay in the hands of the President. His political advisers in Congress openly advised and expected him to sign. It was believed that Secretary Mellon had submitted a report on the bill simply showing its effects but making no definite recommendations for signing or vetoing it...
In signing it, he issued a statement, as he had done in the case of the Immigration Bill: "The passage of a new revenue bill was required for two reasons, the reduction of taxation and the reform of taxation. The bill as passed provides a certain amount of tax reduction...
¶ In the Parliament of Northern Ireland an estimate of $3,693,428 was passed for the special constabulary. It was stated that no reduction of the force could be contemplated while the border question remained unsettled, and that a supplementary vote would be presented in the Fall.
Finance. In matters of taxation the King promised early reduction compatible with decreasing the state's floating debts. He lauded the financial achievements of Benito, praised the taxpayers, painted the financial future in gay colors.