N.A.M. opposes any special tax incentive for profit sharing. Washington, D.C., Nov. 23. Appearing before the Senate Finance Subcommittee today, H. Boardman Spalding, Chairman of the Taxation Committee of the National Association of Manufacturers, announced that NAM Executive Committee yesterday adopted a resolution opposing any special tax incentive for profit sharing. His testimony caused Republican Senator Arthur M. Vandenberg of Michigan to observe he was 'amazed' at the NAM's attitude
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