FISCAL: Happy Days

Before March 15 income tax installments were due, the Bureau of Internal Revenue blithely estimated that 6,000,000 glum people would make returns.— This calculation began to go awry about ten days ago when tax offices far & wide began clamoring for more tax blanks. Hastily blanks were shunted to the places with the greatest shortages. The Bureau hastily boosted its estimates of returns to 6,500,000.

Also before March 15, the Treasury expected $840,000,000 in payments. This also was a misprision. By the end of last week when the Treasury had counted up...

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