Abstract

Burrowing in the Budget
Hard, William | February 18, 1925 issue

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The most amazing discovery in the accounts of the Bureau of the Budget is that at least one-quarter of the income of the U.S. Government comes at the present time from sources other than the pockets of what is called the general tax-payer. The general tax-payer, is the person who pays customs dues under our tariff laws and income taxes and excise taxes of one sort and another under our internal revenue laws. These taxes, tariff and income and excise are referred to as taxes. It is a surely amazing fact that one-quarter of the federal income comes from sources which are not, in the severe strict sense, taxes.

See Also:

BUDGET; TAXATION; EXPENDITURES, Public; FINANCE, Public; INCOME tax; TARIFF; UNITED States
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