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1 Buel W. Patch, Taxation for National Defense i (1941)

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                                              Vol.   I
                                              1941









TAXATION FOR
NATIONAL DEFENSE

by

Buel   W.  Patch




                                                  PAGE
 COMING CONSIDERATION OF NEW TAX BILL              231
   Tax Objectives in Financing of Defense Program       231

 AMERICAN TAx STRUCTURE IN WoRa WAR                234
   Productivity of Income and Profits Taxes, 1916-1920  234
   Income and Excess Profits Tax Rates in Last War      235
   Excise Taxes Imposed by the War Revenue Acts         236

 PRESENT AND PROPOSED TAXES FOR DEFENSE            237
   Comparison of Current Tax Rates with 1918 Levies     237
   Taxation for Defense Under Revenue Acts of 1940      238
   Proposed Revenue Goals; Suggested Tax Increases      239
   General Sales and Gross Income or Payroll Taxes      241

 WAR INCOME AND EXCISE TAXES IN BRITAIN            244
   Tax Levies Imposed by Great Britain's War Budgets    244
   Comparison of British and American Tax Burdens       245
   Yield of British Taxes in the Fiscal Year 1940-41    247







                                             No. 13
                                             April   5