TITLE

Who Will Pay for the War?

PUB. DATE
October 1943
SOURCE
New Republic;10/18/43, Vol. 109 Issue 16, p506
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
Focuses on the question regarding the collection of money for war, in the U.S. Report that Congress suggested a better way to collect income taxes; Need for more income tax revenue; Information about the income and tax deduction of people; Claims that by June 1944, the annual interest charge will reach about $4,000,000,000 even at present low rates; Report that if no new taxes are enacted, people of U.S. will pay for the war; Information about Victory Tax; Abolition of the earned income credit; Comments on the largest percentage increase in income tax; Opposition to increase on corporate taxes; Consideration of Congress regarding general retail sales tax.
ACCESSION #
14685873

 

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