Mitt Romney may be right to fear that the 47 percent of Americans who pay no income tax might not vote for him.
In effect, it gave workers a claim on the income tax receipts of the government at a later date in time.
Of those who remain, nearly two-in-five Californians pay no income tax, and one in four receive Medicaid.
The income tax helps even these things out, as has long been understood.
The deficit target to be closed could have been smaller had it not been joined to a big cut in the top rate of income tax.
It may be seriously questioned, therefore, whether any increase in the income tax above the British rate is practicable.
The present method of income tax, however, has some weaknesses.
Can an income tax be framed which shall be equitable in principle and efficient in administration?
Previously to 1909 the rate of income tax has been as high as 16d.
Has any one warned you not to talk too freely about it in these days of income tax collectors?