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→The duPonts
The arguments were apparently persuasive because the US Justice Department, which had previously opposed special tax consideration for antitrust violators, let it be known that in this case it would make an exception. Before long, with administration approval, Congress passed a law slashing the potential tax liability of the duPonts by approximately $650 million.
The arguments were apparently persuasive because the US Justice Department, which had previously opposed special tax consideration for antitrust violators, let it be known that in this case it would make an exception. Before long, with administration approval, Congress passed a law slashing the potential tax liability of the duPonts by approximately $650 million.
Two years later Clifford's closeness to Johnson apparently did him little harm when the duPont tax matter again came up. The lawyer helped negotiate a favorable interpretation of the 1962 settlement-one that saved the du Ponts (who probably considered it petty cash) at least $56 million in taxes.
Two years later Clifford's closeness to Johnson apparently did him little harm when the duPont tax matter again came up. The lawyer helped [[negotiate]] a favorable interpretation of the 1962 settlement-one that saved the du Ponts (who probably considered it petty cash) at least $56 million in taxes.
===Walter Jenkins===
===Walter Jenkins===