TAXES: The Patient People

After feeling the U.S. taxpayers' pulse, Pollster George Gallup last week announced a reading: a majority of the people are willing to wait for tax cuts. Gallup asked voters whether they approve of President Eisenhower's plan to extend the excess profits tax from July 1 to Jan. 1. Results: 55% approve, 17% disapprove, 28% have no opinion. When asked whether they would settle for a cut in individual income taxes on Jan. 1 instead of July 1 "to help balance the budget," the taxpayers showed even more patience: 59% said Jan. 1 would be O.K.,...

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