With hearings on huge new taxes staring him in the face, Henry Morgenthau last week got himself a new special assistant: Tax Lawyer Randolph Evernghim Paul. Small (5 ft. 7 in.), middle-aged (51), Expert Paul does not look at all fierce; his coloring is grey, his manner milk-mild. But his views on taxes, which he has expounded in many a book, article and speech, make some taxpayers shudder.
In a two-volume text to be published early next month,* he restates his burning thesis that the entire U.S. economy is doomed if its tax structure remains less dynamic than the rest...
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