Tax Decaloque; H. P. B. Jenkins

T AX DECALOGUE FOR THE WELFARE ST ATE t, JJ. P. B. Jentin~ lONE GOLDEN RULE LEADS ALL THE REST: THE TAX THAT YIELDS THE MOST IS BEST. II LET· RACKING TAXES BE REPEALED, SAVE THOSE OF SURE AND STABLE YIELD. III DIVERSIFY YOUR SOURCES; WHEN THE GOOSE IS NAKED PLUCK THE HEN. IV DESIGN YOUR TAX WITH SNARES AND COILS TO CATCH EVADERS IN YOUR TOILS. V MAKE TAXES CERTAIN; LEAVE NO SCOPE FOR ARGUMENT OR FOOLISH HOPE. VI BE FAIR TO ALL; FROM SAINT OR SOT COLLECT NO MORE THAN HE HAS GOT. VII LET PAYMENTS BE CONVENIENT; WHEN A MAN HAS MONEY, CATCH HIM THEN. VIII USE HIDDEN TAXES; PEOPLE FRET WHEN THEY TOO PLAINLY SEE YOUR NET. IX ALLOW APPEALS FROM THOSE WHO BALK; BUT TAKE THE TAX BEFORE THE SQUAWK. X SEND TAX COLLECTORS OUT IN PAIRS; AND KEEP A TRAINING CAMP FOR SPARES. Mr. Jenkins is an economist at Fayetteville, Arkansas. 131 INFLA TION AHEAD t'J JJan~ :J.. Senn~olz WITHIN the past four years the American economy has undergone another boom and another recession. And now again we are witnessing the numerous symptoms of a boom in its early stages. Throughout this period prices have been rising continuously.