TAXES: Needed: A Sales Tax?

Before the Senate Finance Committee last week appeared Cincinnati's John F. Lebor, representing some 1,000,000 members of the American Retail Federation and the Retail Industry Committee. His group had once opposed a national retail sales tax because they thought it would hurt their business. But now, Lebor told the committee, which is considering the pending tax bill (TIME, June 25), retailers want Congress to pass a retail sales tax. They think it would hurt them—and the rest of business—less than the sky-high corporate and individual rates in the pending bill. The new rates proposed under the House bill, said...

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