Proceedings of the Second Annual Conference On Taxation in Indiana Electronic R

Cover Proceedings of the Second Annual Conference On Taxation in Indiana Electronic R
Proceedings of the Second Annual Conference On Taxation in Indiana Electronic R
Ind Indiana Tax Conference 2nd 1914 Bloomington
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Not so in this country. The federal government has made TAXATION IN INDIANA 147 its appropriations almost without asking where the money was coming from. In fact the abundant revenue of the federal gov- ernment has made it nearly unnecessary to ask this question. The plethora of money has encouraged large expenditures even for unnecessary things in order to use up the surplus, and new sources of revenue, rich in possibilities, have been opened for exploitation without much difficulty. The resul
...t has been that the federal administration has grown in a somewhat lopsided fashion.
Five years ago, President Taft appointed what became known as the President's Commission on Economy and Efficiency. This Commission was composed of some of the best talent in the country, and made a report favorable to a federal budget system, whereby the President would submit to Congress a scientific budget for their consideration. No action has been taken and, at present, no action seems to be likely in carrying out this recommendation.


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