Ruml & Bumble

Anybody dozing at last week's Congressional tax hearings (an easy feat) might have picked up some startling impressions between cat naps. Testifying before the House Ways & Means Committee was the Treasury's neat, mild-mannered General Counsel Randolph Paul. In view of the Treasury's last-ditch opposition to the famed Ruml income tax plan, some of Mr. Paul's statements were enough to make anyone sit up. Said he:

> "... The present method of collecting the income tax payment has the basic defect that tax payments are not synchronized with the receipt of the income on which the tax is based. ......

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