Total Taxes for Total War

Soule, George
February 1943
New Republic;2/15/43, Vol. 108 Issue 7, p205
Focuses on the preparation of the U.S. to finance the war. Discussion on the inconsistent and patchwork structure of pre-war taxation; Information about the war production program and the military manpower program; Report that Congress cannot possibly raise all the necessary money without taxing the rich, Claims that inflation would actually decrease the amount produced, both for civilian necessities and the war; Comments on problem which rises due to unequal distribution of money; Description of some of the ways of raising revenue; Report on income tax, profits tax, regressive tax, spendings tax; Claims that the Ruml plan adds a quirk to collection at the source by suggesting that the tax be based on the income of the year in which it is collected instead of on that of the previous year, as has bee the custom; Views on compulsory savings; Opinion regarding a total tax program.


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