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MEMORAHDDM OF TRANSMITTAL OF
B AND B-l

To:

Honorable Henry Morgenthau
Secretary of the Treasury

From:

The White House

I am enclosing herewith a second memorandum marked B,
also prepared by Mr* Randolph

Paul, listing a number of sit-

uations in which the tax laws might possibly be amended in the
interest of taxpayers,

I would like to hare from you an esti-

mate of the loss in revenue, if any, which would result from the
adoption of Mr. Paul1 s suggestions * For your convenience I enclose a memorandum of specific questions keyed to Mr. Paul f s
memorandum i marked B~l#
As with respect to the accompanying memorandum, I again
realize the impossibility of answering these questions with mathematical accuracy, but I would like in all cases to have your best
estimate*