Word: hendersons
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...message, in a lull in a fierce battle for Guadalcanal's Henderson Field: "Dead Japanese present a disposal problem...
Dean Bender was moderator of the discussion which included Lieutenant George Henderson, from the Boston office of Naval Officer Procurement; Captain William Lott, Air Force Public Information Officer for the New England Recruiting Area; and Major W. Bruce Pirnie '51, who represented the reserves...
...under the excise tax system, said Henderson, only $40 billion, or 22.7% of a total $179 billion in consumer spending, was taxed. His contention: some things were being taxed too heavily, others that should have been sharing the load were not being taxed at all. Henderson figured that at least $89 billion of untaxed expenditures (excluding such essentials as food and rent) should be taxed. Including the goods that are already subject to excise taxes-and projecting the figures to 1952 levels-that would broaden the tax base from $40 billion to $130 billion. A 5% tax on this broad...
...Administration has asked for stiff (20%-25%) excise taxes on such things as autos, refrigerators and television sets (TIME, Feb. 12). But those sources, said Henderson, just won't produce the revenue needed, since sales of such durable goods are bound to drop as the defense program nips off their production. Buying will shift to such "soft" goods as clothing, and unless there is a sales tax on such items the Government will not get the revenue it expects...
What's Bad? To the anti-sales taxers, some of the arguments that Henderson advanced are just the reasons why the U.S. should have no national sales tax. The fact that it spreads the tax load is one of its weaknesses. Instead of taxing on the basis of ability to pay-the traditional test of a good tax-a sales tax hits those hardest who can least afford to pay. Example: a $3,000-a-year family spends the major part of its income (mostly on necessities), thus the tax hits most of its income. A high-income family...