Explore "War Taxation: Some Comments and Letters" by Otto H. Kahn on Textopian. Read with annotations and highlights.
The arguments above set forth apply likewise, though naturally not quite in the same degree, to the proposal of levying an income tax rising to an excessively high level, as, for instance, the suggested tax of fifty per cent. on incomes over $500,000.
There, again, the test should be whether so radical a tax is wise and required by the necessities of the country.