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This newspaper page contains 2 articles. Subscribers can read the full text of each article.
Newspaper
The Spectator
Location
Joliet, Illinois, United States of America
Date
Jan 08, 1948
Page
20
The New York Times argues that taxes influence prices in two ways: adding to costs and reducing production incentives. Lower taxes may raise demand and purchasing power, risking higher prices if government spending isn’t cut. With the economy near full capacity, tax cuts could trigger inflation rather than create savings.
The weight of rail in Class I track rose from 82.89 pounds per yard in 1921 to 97.32 pounds per yard in 1943 due to gradual replacements.
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