Reading Eagle (October 4, 1940)
TAFT SAYS WILLKIE WILL GIVE INDUSTRY A CHANCE
Winona, Minn., Oct. 4 (UP) –
Sen. Robert A. Taft of Ohio advocated last night the election of Wendell L. Willkie as a man “who believes in giving business and industry a chance to succeed and produce instead of using them as a whipping-boy to arouse prejudices of the people.”
The new administration must restore confidence and prosperity and encouragement to the little businessmen and those thousands who would like to become little businessmen.
He recommended revision of the national tax system without reduction in the amount of taxes levied for national defense. He deplored pay-roll taxes as oppressive to industry and burdensome to wage earners; surtax rates as discouraging to wealthy investors who could increase employment and the capital gains tax as stifling to the profit system which “has built up America and increased employment.”
Taft, who sought the Republican presidential nomination at Philadelphia last June, will carry his campaign for Willkie to Chicago tomorrow night.