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1 Buel W. Patch, New Taxes for Defense [i] (1941)

handle is hein.tera/fnnvt0001 and id is 1 raw text is: 















NEW TAXES
FOR DEFENSE

by

Buel   W.  Patch




                                                    PAGE
 NEED OF HEAVIER TAXES TO CHECK INFLATION            379
   Reactions to Treasury's Proposals for New Taxes        379

 DEFENSE COSTS AND CURRENT DEFENSE TAXES             381
   Increasing Cost of Defense Program and Lend-Lease      381
   Tax Increases Imposed by 1940 Defense Revenue Acts     383
   Prospective Tax Yields Under the Revenue Act of 1941   384
   Tax Rate Increases and New Taxes Levied by 1941 Act    385

 WITHHOLDING TAXES AND ENFORCED SAVINGS              387
   Morgenthau's Plan for Withholding Tax on Wages         387
   Collection at Source in Britain and United States      389
   Plans for Coupling New Taxes With Forced Savings       391
   Higher Social Security Taxes and Defense Financing     392

 SOURCES OF ADDITIONAL TAX REVENUE                   393
   Proposals to Raise Yield of Income and Profits Taxes   393
   Excise and Sales Taxes as Source of Added Revenue      395








                                               No.   21
                                               Dec. 5