Monday, Nov. 01, 1943
Rolling in Wealth
State governments, which expected the war to ruin their finances, discovered last week that their tax receipts will reach an alltime high of $5,099,000,000 this year. The Federation of Tax Administrators reported that booming sales of liquor and cigarets have nearly made up for loss of gasoline taxes; personal income taxes have jumped $61 million, corporation income taxes $118 million.
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