Magazine content is available exclusively for TIME subscribers.TAXATION: Ignorant Country
When fiscal 1934 ends this week, final figures will show that the Federal Government has collected about $3,100,000,000 in income, excise, customs and other taxes—about $25 for every man, woman and child in the U. S. Last week Relief Administrator Harry Hopkins was asked by newshawks whether he thought the huge relief expenditures in prospect would ever be paid for out of taxes. "Certainly!" he retorted, "I do not think taxes in this country are stiff. Perhaps real estate taxes are stiff, but certainly income taxes are light comparatively. This country does not...
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