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Salients in the Day's News

INCOME TAX INCREASE

A flat 10 per cent increase on all taxes on 1934 incomes, to provide $55,000,000 additional revenue for the treasury, was approved by the Senate today, 43 to 36. The action came when the Senate reconsidered its action of yesterday when the Tax Bill Amendment by Sen. James Couzens (R) Mich., for the extra "recovery tax" on all incomes was defeated, 46 to 44.

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