65th Congress > Senate > Vote 334
Sponsor: McCUMBER, Porter James (R-ND)
Description: TO AMEND H.R. 12863, BY STRIKING OUT COMMITTEE'S PROPOSAL TO LAY A TAX OF EIGHT PER CENT ON NET INCOME IN EXCESS OF THE CREDITS PROVIDED IN SECTION 216, FOR EACH CLAENDAR YEAR AFTER 1918, WITH A PROVISO LIMITING THE RATE UPON THE FIRST $4,000 OF INCOMES OF CITIZENS OR UNITED STATE RESIDENTS TO FOUR PER CENT, IN ORDER TO RETURN HOUSE AMENDMENT LAYING A TWELVE PERCENT TAX ON THE AMOUNT OF NET INCOME IN EXCESS OF CREDITS AS PROVIDED IN SECTION 216, EARNED BY NONRESIDENT ALIENS.
Original source documents: Congressional Record vol. 57-1, p. 750; Senate Journal vol. 65-3, p. 34A;
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