THE IMPACT OF FEDERAL TAXES

A fair and readable appraisal of current tax system, with constructive suggestions for ultimate improvements. Three main points are set up as criteria:-adequate yield, simplicity and economy of administration, and fairness. He discusses the effects of taxes (income, inheritance, estate and gift taxes) on the family; the effects of corporation and excess profit taxes on business; the functioning of the Bureau of Internal Revenue. He goes briefly into the pros and cons of sales taxes, spending taxes, current income taxes, enforced savings, etc. A useful book for the layman.