US Presidency
1932

It has not been proposed by the Treasury. A sales tax is not, however, to be confused with an extension of the special manufacturers excise taxes to a general manufacturers excise tax with exemptions of food and clothing. This is an entirely different tax from a so-called sales tax and can not be pyramided. Even this general manufacturers excise tax has not been proposed by the Treasury, although at the time such a tax was unanimously recommended by the Ways and Means Committee of the House, representing both political parties and their leaders in the House of Representatives, the Secretary of the Treasury accepted it in the hope that immediate passage of the bill would result.