Show heavy tax placed on big incomes merely equalizes sacrifices people mug ayt make by JAMES JAAES 1 HOPPER L aptt allocution of an equitable federal iacoma tax ey eay family in the united states pays an inyonie in corsie tax though the great majority pay it indirectly all taxes on buildings on food on clothing and on services are paid by the consul consumers nezi or users of the articles or services taxed our indirect income tax system however costs e poorer families of the country at least a tenth to an eighth of their incomes while it costs the wealthiest beneficiaries of privilege only at mast one twelfth of their incomes even including the present tax 0 of f 6 per cent net on incomes in excess of the direct income tax is designed to reduce the inequality of sacrifice involved in our indirect income tax system ai increase of tho the eirmal tax tate rate on incomes of to amm fi om I 1 per cent to i per cent is apparently pretty heavy to the equality of sacrifice or justice the tax rate on incomes between and 10 00 0 should be not 10 p per er cent but at least 20 per cent and nd on net incomes il ii excess of 33 13 1 3 with corresponding antes on incomes in ill incomes from investment then tho the e excess cess of especially on wi mi american and dangerous tax upon profits from munitions of war would be unnecessary |