Abstract

More Relief for the Farmers
Hallgren, Mauritz A. | July 26, 1933 issue

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The article presents information on tax policy of the U.S. government in relation to farmers. On July 9 the government began collecting a processing tax of 30 cents on every bushel of wheat used in the manufacture of food products for domestic consumption. The tax is to be levied whether the wheat is grown in this country or shipped in from abroad. In the latter connection it serves automatically to increase the present 42-cent tariff on wheat to 72 cents. The tax will not be applied against wheat destined for export or for the farmer's own use. The proceeds of the levy are to be distributed as a form of government bounty or subsidy to farmers who agree to reduce their wheat acreage in 1934 and 1935.

See Also:

TAXATION; FARMERS; WHEAT; AGRICULTURE; IMPORTS; UNITED States
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