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Federal Sales Tax in the U.S
Smorgasbord / Kirt's Cogitations™ #344

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     this scan of the May 1932 issue of Music Trade Review magazine.

 

https://www.nytimes.com/1924/12/22/archives/hoover-advocates-tax-on-radio-sales-he-deems-improvement-of.html

 

Crosley 'Fortyfive' Tabletop Radio Advertisement June 1932 Radio-Craft

THE MUSIC TRADE REVIEW, May. 1932 17 RADIO TRADE FILES PROTEST AGAINST DISCRIMINATORY FEDERAL SALES TAX U NFAIR discrimination against radio by the proposed 5% special sales tax of the House Revenue Bill was stressed by leading Tadio manufacturers at a hearing before the Senate Finance Committee on April 18. The hearing was accorded the Radio Manufacturers' Association, representing over 95% of radio manufacturers. Disaster as well as discrimination would result from the House bill, the Senate Committee was told at the R. M. A. hearing. Reduction at least to 3%, on the same basis as the proposed automobile tax, was urged and the Senators were told that a general sales tax, or a general manufacturers' tax, exempting food, clothing, medicine, etc., would be distinctly preferable and more fair than the proposed discriminatory tax of the House bill. It was urged that the latter is an undeserved penalty on a few industries. The radio industry hearing before the Senate Committee was in general charge of Mr. Frank D. Scott, Washington legislative counsel of the R. M. A. It followed a conference in Washington last week of a large number of leading receiving set and tube manufacturers of the R. M. A. The radio industry hearing was represented by a committee including Messrs. Frank D. Scott, James M. Skinner, president of the Philadelphia Storage Battery Company, and Paul B. Klugh, of the Zenith Radio Corporation. Following the Senate Committee hearings, the R. M. A. Legislative Committee, of which Mr. H. B. Richmond, of Cambridge, Mass., is chairman, arranged for organized industry support against the discriminatory 5% tax by radio trade leaders of the industry. Prominent jobbers and dealers of the R. M. A. Legislative Committee in States having Senators on the Finance Committee were sent bulletins by Chairman Richmond, urging them to protest to their respective Senators against the special discriminatory tax proposed on radio and to recommend reduction at least to the 3% rate proposed for automobiles.

 

 

 

Posted October 10, 2022

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