September 13, 1963 (vol. 74, iss. 11) • Page Image 5
…INDIVIDUAL, CORPORATE TAXES: ' T A 1 (Continued from Page 1) deductions allowed under the fed- eral income tax. Romney explained that this plan would "provide a broader taxpay- ing' base, is simpler for the tax- payer and would reduce admin- istrative expenses otherwise re- quired to check such itemized ex- penses." The governor estimated that $108 million would accrue from the personal income tax for each per cent of tax, for a total of $2...…