Show v vv SHEER FICTION I i CRITICS OF the Administrations Administration's tax bill are calling it t a ua rich mans man's measure measure measure meas meas- ure on the grounds that It doesn't hit people with larger incomes hard enough Columnist Dorothy Thompson effectively I lively answered that criticism when she wrote No uNo tax income-tax bill bUl of ot present presen or foreseeable proportions can be paid by bythe bythe bythe the upper Income group for the simple reason reMon that it receives a 0 very small par part of ot the whole national income I Another common charge Is that giving i isome I some tax relief to citizens who receive income from Investments in corporations will also benefit only the well to I Miss Thompson wrote This is Ls untrue In many of Americas America's greatest Industries industries' I small stockholders greatly outnumber large ones The old especially count on I checks from Investments and the lower j the amount the more the administration bill will help them Its It's high time we got over the baseless Illusions that the solution to the tax tar problem is to soak the rich some mote more mor morand and that most stockholders are in tt the mink-coat mink brackets These Ideas are art sheer fiction with no basis whatsoever in the hard realm of fact |