A Letter From The Publisher: Apr. 4, 1969

MOST people sense a peculiarly bitter injustice in the fact that the arrival of spring, with all its pleasures, coincides so harshly with the time of the Big Bite, better known as Income Tax Day. For some journalists, however, the pains and problems that arrive inexorably on April 15 are at least mildly alleviated by the opportunity to complain in print about the assorted inequities of the U.S. tax structure—and to suggest remedies as well.

To this rewarding assignment, Associate Editor Gurney Breckenfeld, who wrote this week's Business story, "Why Tax Reform Is So Urgent and So Unlikely," brings more enthusiasm and...

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