Something big and new is happening to American thinking about taxes. This week the Committee for Economic Development launched an assault on the U.S. tax structure. In a 47-page brochure (expertly written by the Book-of-the-Month Club's Harry Scherman), the C.E.D. attempted to put a new face on the U.S. tax system, with full postwar employment as the criterion.
Only seven weeks ago C.E.D.'s tax proposals might have hit like a bolt from the blue. For the plan asserts that the Federal Government must rely mainly on individualĀnot corporateĀincome taxes for the minimum...
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