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Tax Incentive Discussed by Roger W Babson
Babson argues high prices can be reduced by boosting investment in labor saving machinery to raise real wages. He criticizes high taxes as eroding capital and warning that death and income taxes depress investment, risking a decline in living standards, urging tax relief and savings incentives. He cites England as a warning and notes rising state tax burdens and pension costs shaping fiscal policy.
MENTIONED IN THIS ARTICLE
Roger W. Babson
Babson Park
Mass
Jam
England
U.S
Congress