TAXES: Mr. Tugwell's Idea

When handsome, tough-minded Rexford Guy Tugwell was a working member of the first Brain Trust, he made one mistake fatal to a politico. He talked out loud about unfamiliar and unpleasant things. His thesis: that the world and the U. S. were drifting away from laissez-faire, should make haste toward planned economy. So, after the 1936 election, Brain Truster Tugwell resigned from the New Deal.

In exile, Tugwell first took a flyer in the sugar business. His next job was the chairmanship of Fiorello LaGuardia's New York City Planning Commission. In this job, he had time to reflect on...

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