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...Until about 1912 our Federal Government was supported by a tariff upon imports and a tax upon liquor and tobacco products. Then a demand suddenly arose to "soak the rich...

Author: /time Magazine | Title: Letters, Oct. 19, 1953 | 10/19/1953 | See Source »

...reluctance-something which has done the superintendent no harm at all in the years since O'Dwyer tumbled from public esteem-was understandable enough. So was O'Dwyer's final decision. Jansen has all the basic virtues. He is a strong, calm, kindly man, able to soak up work like a sponge, make endless speeches and never offend anyone. He understands the school system, its people, its aspirations. He is not a crusader, a scholar or a showman. He still likes and understands children...

Author: /time Magazine | Title: Education: Boys & Girls Together | 10/19/1953 | See Source »

...Administration is still divided on whether a sales tax should be proposed. Many politicos believe it would be political suicide, would raise the old cry of a plot to "soak the poor." But a sales tax may not be so explosive an issue as politicians think. For one thing, 31 states and even a few cities, e.g., New York and Baton Rouge, already have them. Britain has had sales taxes for years, and Canada gets 16% of its revenue from such...

Author: /time Magazine | Title: A FEDERAL SALES TAX: One Way to a Balanced Budget? | 9/28/1953 | See Source »

...these objections have validity. Most of the revenue raised by a sales tax would have to come from those with middle-and lower-bracket incomes because they form the majority of the population. But it would hardly "soak the poor," since food and housing and medical expenses, on which the lowest-income families spend as much as 65% of their earnings, would be exempt under all proposed plans. Instead, the biggest dent, dollarwise, would be made on those who have the most to spend on nonessentials. As for a pyramiding of the tax, Congress could easily prevent this by requiring...

Author: /time Magazine | Title: A FEDERAL SALES TAX: One Way to a Balanced Budget? | 9/28/1953 | See Source »

...country for lack of popular support. Brought back from exile in France by the British after World War II, the sad-faced, fiercely mustached old soldier won the premiership three times (1945, 1950, 1951), once in a surprise victory on a platform favoring the Marshall Plan, NATO and "soak the rich" taxes, vainly tried to conciliate Greece's Communist guerrillas, never stayed in office longer than a year...

Author: /time Magazine | Title: Milestones, Aug. 3, 1953 | 8/3/1953 | See Source »

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