FISCAL: An Awful Lot of Money

A master inopportunist is Ohio's political Malaprop. Senator Robert A. Taft. Last week Mr. Taft came out flatly for the most politically unpalatable of tax bills.

Yet, actually, everybody was out of step but Mr. Taft. His basic point was perfectly true: that the only promising source of further tax revenue is a higher tax rate on lower-income groups. As for increased tax rates on business, said he: "We would only be fooling ourselves. Taxes on business are passed on to the people, but tend to discourage business activity."

Even without levelheaded Robert Taft's say-so, there was grim certainty in the U....

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