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Editorial
May 15, 1951
The Daily Express
Dayton, Montgomery County, Ohio
What is this article about?
Satirical editorial criticizing proposed high U.S. tax rates, invoking Henry Wallace's 'century of the common man' to argue they will impoverish everyone, urges the House tax committee to stop, and contrasts with Britain's failing 'soak the rich' policy.
Merged-components note: Merged continuation of 'One Man' editorial column from page 2 to page 3
Clippings
1 of 2
OCR Quality
95%
Excellent
Full Text
Distributed by International News Service
THOSE PROPOSED tax rates prove that Henry Wallace was right when he said this was "the century of the common man."
BY THE END OF the century we are all going to be so common you won't be able to tell us apart except by the number of hoops on our barrels.
HOUSE COMMITTEE on taxes should revert to its original purpose and intent as agreed upon when it came to Wilberforce, or else it should bow out of the picture. To continue what it has begun will be unjustifiable in the eyes of all America and will be a slap in the face of loyal Negro citizens of the Commonwealth.
feels it can squeeze about three billion dollars more out of the populace on top of the current (continued on page 8)
One Man
Continued From Page 2
take . . . That will do until the next tax bill is written at slightly higher extortion rates.
SO FAR THEY'RE only talking up to 90 per cent tax on highest bracket income . . . It's going to get real interesting when they go to 95 ... 96 ... 97:
BUT DON'T GET ME WrONg . . . It's still possible in this country for a man to make a million dollars and the Treasury Department hopes he will.
BRITAIN HAS ABOUT run out of rich and the "soak the rich" taxes are now working down to the poor, but they started earlier . . . . We can catch up if we put our minds to it.
WE CAN BE AS BROKE as they are any time we want to be and probably we will be.
THOSE PROPOSED tax rates prove that Henry Wallace was right when he said this was "the century of the common man."
BY THE END OF the century we are all going to be so common you won't be able to tell us apart except by the number of hoops on our barrels.
HOUSE COMMITTEE on taxes should revert to its original purpose and intent as agreed upon when it came to Wilberforce, or else it should bow out of the picture. To continue what it has begun will be unjustifiable in the eyes of all America and will be a slap in the face of loyal Negro citizens of the Commonwealth.
feels it can squeeze about three billion dollars more out of the populace on top of the current (continued on page 8)
One Man
Continued From Page 2
take . . . That will do until the next tax bill is written at slightly higher extortion rates.
SO FAR THEY'RE only talking up to 90 per cent tax on highest bracket income . . . It's going to get real interesting when they go to 95 ... 96 ... 97:
BUT DON'T GET ME WrONg . . . It's still possible in this country for a man to make a million dollars and the Treasury Department hopes he will.
BRITAIN HAS ABOUT run out of rich and the "soak the rich" taxes are now working down to the poor, but they started earlier . . . . We can catch up if we put our minds to it.
WE CAN BE AS BROKE as they are any time we want to be and probably we will be.
What sub-type of article is it?
Taxation
Economic Policy
Satire
What keywords are associated?
Tax Rates
High Taxes
Soak The Rich
Century Of The Common Man
Henry Wallace
House Tax Committee
What entities or persons were involved?
Henry Wallace
House Committee On Taxes
Treasury Department
Britain
Editorial Details
Primary Topic
Criticism Of Proposed High Tax Rates
Stance / Tone
Satirical Criticism Of Excessive Taxation
Key Figures
Henry Wallace
House Committee On Taxes
Treasury Department
Britain
Key Arguments
Proposed Tax Rates Confirm 'Century Of The Common Man' By Making Everyone Equally Poor
House Tax Committee Should Stop Or Revert To Original Intent To Avoid Injustice
Committee Aims To Extract Three Billion More Dollars
Tax Rates Escalating To 90% And Beyond On High Incomes
Still Possible To Make A Million But Government Encourages It Sarcastically
Britain's 'Soak The Rich' Taxes Now Burden The Poor; U.S. Can Follow Suit