“PRESIDENT STARTS CONGRESS EIGHT BY TAX REBATING PLAN”

OCR text: gest Credit on 1927 Payments. Call Minority Move Unwise. By the Associated Press. The sudden declaration of President Coolidge for a refund of 10 or 12 per cent of this year's income taxes caused a scratching of heads yester day both at the Treasury and at the Capitol. Surorised Treasury officials dis creetly suggested that the President’s proposal be accomplished through a credit on Income taxes to be paid next year, rather than through a straight-out refund at this time. Eoually surprised Democrats, sus pecting that Mr.
OCR text from Evening Star, Washington, page 1. See the original page. Library of Congress, Chronicling America.













