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How Shall We Pay for the War A Critical Tax Plan
Edwin R A Seligman argues against tax only or loan only war financing. He estimates 1917 18 needs at about 1 8 billion dollars and endorses a 50 50 balance with strong progressive income taxes, excess profit taxes, and tobacco whisky stamp taxes to fund mobilization while preserving economic elasticity.
MENTIONED IN THIS ARTICLE
Edwin R. A. Seligman
McVickar
Columbia University
House of Representatives
Committee of Ways and Means
House
Secretary of the Treasury
McAdoo
Great Britain
Senate