TAXATION: Refunds
The Treasury Department report-ed that, without the filing of claims, 1,723,000 refunds, totaling $12,989,000, have been made to those who paid their full income tax on Mar. 15 and subsequently became entitled to a 25% reduction. As Government efficiency goes, this is a good record.
The only point of the refunding procedure which seems to be involved in red tape is in securing credit and refunds for a 25% deduction on taxes "paid at source." To secure this deduction, one must massage the tax machinery.
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