That is their finest computation and their greatest wisdom which they posting to me

That is their finest computation and their greatest wisdom which they posting to me

Without the income tax increase, they think we will score a great 4 percent so you can 5 % boost in 1968–with prospects away from actually larger develops within the 1969.

What exactly you’ve got is the possibility of a r penny, one percent, tax, new congressional route. But, if you don’t do so, courtesy large prices you are likely to deal with the essential difference between the 2.5 into the tax and you will good 5 percent without it, which is more double–the brand new rising cost of living taxation will be more than just twice precisely what the congressional income tax was.

Read moreThat is their finest computation and their greatest wisdom which they posting to me