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Show BOARD ADVISES REDUCTION IN FEDERAL TAXES Early revision of federal taxes, to stimulate planning for postwar jobs by business and industry, is advocated by the advisory board to the director of War Mobilization Mobiliza-tion and Reconversion in a resolution resolu-tion sent Fred M. Vinson, new director. di-rector. Declaring adoption of an equitable equi-table tax program by Congress, at the earliest possible date, woul "represent one of the most impor-ant impor-ant single steps in preparing the nation for reconversion and full employment,'' the board asserts early consideration of the problem "would be most encouraging to management, labor, and agriculture." agricul-ture." 0. Max Gardner, board chairman chair-man and former governor of North Carolina, said that while there is no escape from high taxes for the next generation, he is sure the government recognizes the necs-sity necs-sity for adjustments to encourage increased production by private enterprise, adding: "I honestly believe there can be no written formula for reconversion reconver-sion till we have a tax policy that will point to greater peacetime production heights than this nation na-tion has yet achieved." |