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Nonstop Flight of Taxes Calls for Fiscal Restraint
A nationwide survey shows state and local taxes eroding federal tax cuts as state expenditures rise sharply. Federal share of total spending fell from 60 percent in 1921 to 27 percent in 1925, with state and local taxes up nearly 300 percent. Education costs dominate budgets, with calls for economy and efficiency. Ruth Elder is noted for crossing the Atlantic as the first woman flyer.
MENTIONED IN THIS ARTICLE
United States
National Industrial Conference Board
National Education Association
Seattle
Guess
Ruth Elder