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NNP 29252 2 11 KAHN KAHN NNP 29252 2 12 1917 1917 CD 29252 2 13 War War NNP 29252 2 14 Taxation Taxation NNP 29252 2 15 _ _ NNP 29252 2 16 Contents Contents NNPS 29252 2 17 _ _ NNP 29252 2 18 Some some DT 29252 2 19 Comments Comments NNPS 29252 2 20 Pages Pages NNP 29252 2 21 7 7 CD 29252 2 22 to to TO 29252 2 23 42 42 CD 29252 2 24 Letters letter NNS 29252 2 25 I -PRON- PRP 29252 2 26 THE the DT 29252 2 27 INCOME INCOME NNP 29252 2 28 TAX TAX NNP 29252 2 29 _ _ NNP 29252 2 30 Pages Pages NNP 29252 2 31 43 43 CD 29252 2 32 to to TO 29252 2 33 60 60 CD 29252 2 34 _ _ NNP 29252 2 35 II II NNP 29252 2 36 RETURN return NN 29252 2 37 UPON upon RB 29252 2 38 TAXABLE taxable NN 29252 2 39 AND and CC 29252 2 40 TAX tax NN 29252 2 41 - - HYPH 29252 2 42 EXEMPT EXEMPT NNP 29252 2 43 SECURITIES SECURITIES NNPS 29252 2 44 _ _ NNP 29252 2 45 Pages Pages NNP 29252 2 46 61 61 CD 29252 2 47 to to TO 29252 2 48 70 70 CD 29252 2 49 _ _ NNP 29252 2 50 _ _ NNP 29252 2 51 War War NNP 29252 2 52 Taxation Taxation NNP 29252 2 53 _ _ NNP 29252 2 54 The the DT 29252 2 55 recent recent JJ 29252 2 56 publication publication NN 29252 2 57 of of IN 29252 2 58 a a DT 29252 2 59 little little JJ 29252 2 60 pamphlet pamphlet NN 29252 2 61 entitled entitle VBN 29252 2 62 " " `` 29252 2 63 Some some DT 29252 2 64 Comments comment NNS 29252 2 65 on on IN 29252 2 66 War War NNP 29252 2 67 Taxation Taxation NNP 29252 2 68 " " '' 29252 2 69 elicited elicit VBD 29252 2 70 numerous numerous JJ 29252 2 71 interesting interesting JJ 29252 2 72 comments comment NNS 29252 2 73 by by IN 29252 2 74 the the DT 29252 2 75 readers reader NNS 29252 2 76 . . . 29252 3 1 The the DT 29252 3 2 points point NNS 29252 3 3 to to TO 29252 3 4 which which WDT 29252 3 5 these these DT 29252 3 6 comments comment NNS 29252 3 7 mainly mainly RB 29252 3 8 related relate VBN 29252 3 9 were be VBD 29252 3 10 the the DT 29252 3 11 statements statement NNS 29252 3 12 contained contain VBN 29252 3 13 in in IN 29252 3 14 the the DT 29252 3 15 pamphlet pamphlet NN 29252 3 16 that that WDT 29252 3 17 : : : 29252 3 18 _ _ NNP 29252 3 19 First First NNP 29252 3 20 . . . 29252 3 21 _ _ XX 29252 3 22 If if IN 29252 3 23 our -PRON- PRP$ 29252 3 24 neighbor neighbor NN 29252 3 25 Canada Canada NNP 29252 3 26 continues continue VBZ 29252 3 27 her -PRON- PRP$ 29252 3 28 present present JJ 29252 3 29 policy policy NN 29252 3 30 of of IN 29252 3 31 not not RB 29252 3 32 taxing tax VBG 29252 3 33 incomes income NNS 29252 3 34 , , , 29252 3 35 or or CC 29252 3 36 if if IN 29252 3 37 she -PRON- PRP 29252 3 38 imposes impose VBZ 29252 3 39 only only RB 29252 3 40 a a DT 29252 3 41 moderate moderate JJ 29252 3 42 tax tax NN 29252 3 43 while while IN 29252 3 44 rates rate NNS 29252 3 45 of of IN 29252 3 46 income income NN 29252 3 47 taxation taxation NN 29252 3 48 in in IN 29252 3 49 America America NNP 29252 3 50 are be VBP 29252 3 51 fixed fix VBN 29252 3 52 at at IN 29252 3 53 oppressively oppressively RB 29252 3 54 and and CC 29252 3 55 unnecessarily unnecessarily RB 29252 3 56 high high JJ 29252 3 57 rates rate NNS 29252 3 58 , , , 29252 3 59 there there EX 29252 3 60 can can MD 29252 3 61 be be VB 29252 3 62 little little JJ 29252 3 63 question question NN 29252 3 64 that that IN 29252 3 65 the the DT 29252 3 66 ultimate ultimate JJ 29252 3 67 result result NN 29252 3 68 will will MD 29252 3 69 be be VB 29252 3 70 an an DT 29252 3 71 outflow outflow NN 29252 3 72 of of IN 29252 3 73 capital capital NN 29252 3 74 to to IN 29252 3 75 Canada Canada NNP 29252 3 76 , , , 29252 3 77 and and CC 29252 3 78 that that IN 29252 3 79 men man NNS 29252 3 80 of of IN 29252 3 81 enterprise enterprise NN 29252 3 82 will will MD 29252 3 83 seek seek VB 29252 3 84 that that DT 29252 3 85 country country NN 29252 3 86 . . . 29252 4 1 _ _ NNP 29252 4 2 Second Second NNP 29252 4 3 . . . 29252 4 4 _ _ NNP 29252 4 5 Moneyed Moneyed NNP 29252 4 6 men man NNS 29252 4 7 not not RB 29252 4 8 having have VBG 29252 4 9 their -PRON- PRP$ 29252 4 10 capital capital NN 29252 4 11 engaged engage VBN 29252 4 12 in in IN 29252 4 13 active active JJ 29252 4 14 business business NN 29252 4 15 , , , 29252 4 16 if if IN 29252 4 17 they -PRON- PRP 29252 4 18 are be VBP 29252 4 19 so so RB 29252 4 20 constituted constituted JJ 29252 4 21 that that IN 29252 4 22 their -PRON- PRP$ 29252 4 23 consciences conscience NNS 29252 4 24 permit permit VBP 29252 4 25 them -PRON- PRP 29252 4 26 to to TO 29252 4 27 evade evade VB 29252 4 28 their -PRON- PRP$ 29252 4 29 share share NN 29252 4 30 of of IN 29252 4 31 monetary monetary JJ 29252 4 32 sacrifice sacrifice NN 29252 4 33 , , , 29252 4 34 can can MD 29252 4 35 put put VB 29252 4 36 their -PRON- PRP$ 29252 4 37 funds fund NNS 29252 4 38 into into IN 29252 4 39 tax tax NN 29252 4 40 - 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O. NNP 29252 9 2 H. H. NNP 29252 9 3 K. K. NNP 29252 9 4 52 52 CD 29252 9 5 William William NNP 29252 9 6 Street Street NNP 29252 9 7 , , , 29252 9 8 New New NNP 29252 9 9 York York NNP 29252 9 10 , , , 29252 9 11 July July NNP 29252 9 12 5 5 CD 29252 9 13 , , , 29252 9 14 1917 1917 CD 29252 9 15 . . . 29252 10 1 SOME some NN 29252 10 2 COMMENTS comment NNS 29252 10 3 ON on IN 29252 10 4 WAR WAR NNP 29252 10 5 TAXATION TAXATION NNP 29252 10 6 _ _ NNP 29252 10 7 This This NNP 29252 10 8 is be VBZ 29252 10 9 a a DT 29252 10 10 reprint reprint NN 29252 10 11 , , , 29252 10 12 somewhat somewhat RB 29252 10 13 amplified amplified JJ 29252 10 14 , , , 29252 10 15 of of IN 29252 10 16 an an DT 29252 10 17 article article NN 29252 10 18 printed print VBN 29252 10 19 recently recently RB 29252 10 20 in in IN 29252 10 21 the the DT 29252 10 22 New New NNP 29252 10 23 York York NNP 29252 10 24 Times Times NNP 29252 10 25 . . . 29252 11 1 The the DT 29252 11 2 original original JJ 29252 11 3 article article NN 29252 11 4 was be VBD 29252 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to to TO 29252 12 9 be be VB 29252 12 10 popular popular JJ 29252 12 11 when when WRB 29252 12 12 the the DT 29252 12 13 arguments argument NNS 29252 12 14 it -PRON- PRP 29252 12 15 puts put VBZ 29252 12 16 forth forth RB 29252 12 17 may may MD 29252 12 18 easily easily RB 29252 12 19 lend lend VB 29252 12 20 themselves -PRON- PRP 29252 12 21 to to IN 29252 12 22 the the DT 29252 12 23 interpretation interpretation NN 29252 12 24 of of IN 29252 12 25 being be VBG 29252 12 26 actuated actuate VBN 29252 12 27 by by IN 29252 12 28 solicitous solicitous JJ 29252 12 29 care care NN 29252 12 30 for for IN 29252 12 31 selfish selfish JJ 29252 12 32 interests interest NNS 29252 12 33 . . . 29252 13 1 I -PRON- PRP 29252 13 2 am be VBP 29252 13 3 fully fully RB 29252 13 4 aware aware JJ 29252 13 5 that that IN 29252 13 6 by by IN 29252 13 7 publishing publish VBG 29252 13 8 the the DT 29252 13 9 following follow VBG 29252 13 10 observations observation NNS 29252 13 11 I -PRON- PRP 29252 13 12 am be VBP 29252 13 13 exposing expose VBG 29252 13 14 myself -PRON- PRP 29252 13 15 to to IN 29252 13 16 that that DT 29252 13 17 interpretation interpretation NN 29252 13 18 and and CC 29252 13 19 to to IN 29252 13 20 criticism criticism NN 29252 13 21 of of IN 29252 13 22 , , , 29252 13 23 and and CC 29252 13 24 attack attack NN 29252 13 25 upon upon RB 29252 13 26 , , , 29252 13 27 my -PRON- PRP$ 29252 13 28 motives motive NNS 29252 13 29 . . . 29252 14 1 Yet yet RB 29252 14 2 , , , 29252 14 3 seeing see VBG 29252 14 4 that that IN 29252 14 5 certain certain JJ 29252 14 6 measures measure NNS 29252 14 7 now now RB 29252 14 8 under under IN 29252 14 9 consideration consideration NN 29252 14 10 threaten threaten VBP 29252 14 11 to to TO 29252 14 12 take take VB 29252 14 13 shape shape NN 29252 14 14 in in IN 29252 14 15 a a DT 29252 14 16 way way NN 29252 14 17 which which WDT 29252 14 18 , , , 29252 14 19 from from IN 29252 14 20 my -PRON- PRP$ 29252 14 21 practical practical JJ 29252 14 22 business business NN 29252 14 23 experience experience NN 29252 14 24 and and CC 29252 14 25 after after IN 29252 14 26 mature mature JJ 29252 14 27 deliberation deliberation NN 29252 14 28 , , , 29252 14 29 I -PRON- PRP 29252 14 30 am be VBP 29252 14 31 bound bind VBN 29252 14 32 to to TO 29252 14 33 regard regard VB 29252 14 34 as as IN 29252 14 35 faulty faulty JJ 29252 14 36 and and CC 29252 14 37 as as RB 29252 14 38 indeed indeed RB 29252 14 39 harmful harmful JJ 29252 14 40 to to IN 29252 14 41 the the DT 29252 14 42 country country NN 29252 14 43 , , , 29252 14 44 I -PRON- PRP 29252 14 45 believe believe VBP 29252 14 46 it -PRON- PRP 29252 14 47 to to TO 29252 14 48 be be VB 29252 14 49 right right JJ 29252 14 50 and and CC 29252 14 51 proper proper JJ 29252 14 52 to to TO 29252 14 53 contribute contribute VB 29252 14 54 my -PRON- PRP$ 29252 14 55 views view NNS 29252 14 56 to to IN 29252 14 57 the the DT 29252 14 58 public public JJ 29252 14 59 discussion discussion NN 29252 14 60 of of IN 29252 14 61 the the DT 29252 14 62 subject subject NN 29252 14 63 , , , 29252 14 64 for for IN 29252 14 65 whatever whatever WDT 29252 14 66 they -PRON- PRP 29252 14 67 may may MD 29252 14 68 be be VB 29252 14 69 worth worth JJ 29252 14 70 . . . 29252 15 1 I -PRON- PRP 29252 15 2 can can MD 29252 15 3 only only RB 29252 15 4 hope hope VB 29252 15 5 , , , 29252 15 6 then then RB 29252 15 7 , , , 29252 15 8 that that IN 29252 15 9 in in IN 29252 15 10 what what WP 29252 15 11 I -PRON- PRP 29252 15 12 am be VBP 29252 15 13 going go VBG 29252 15 14 to to TO 29252 15 15 say say VB 29252 15 16 I -PRON- PRP 29252 15 17 shall shall MD 29252 15 18 be be VB 29252 15 19 given give VBN 29252 15 20 credit credit NN 29252 15 21 for for IN 29252 15 22 endeavoring endeavor VBG 29252 15 23 to to TO 29252 15 24 speak speak VB 29252 15 25 conscientiously conscientiously RB 29252 15 26 and and CC 29252 15 27 to to IN 29252 15 28 the the DT 29252 15 29 best good JJS 29252 15 30 of of IN 29252 15 31 my -PRON- PRP$ 29252 15 32 knowledge knowledge NN 29252 15 33 and and CC 29252 15 34 judgment judgment NN 29252 15 35 from from IN 29252 15 36 the the DT 29252 15 37 point point NN 29252 15 38 of of IN 29252 15 39 view view NN 29252 15 40 of of IN 29252 15 41 the the DT 29252 15 42 welfare welfare NN 29252 15 43 of of IN 29252 15 44 the the DT 29252 15 45 entire entire JJ 29252 15 46 country country NN 29252 15 47 and and CC 29252 15 48 not not RB 29252 15 49 of of IN 29252 15 50 the the DT 29252 15 51 welfare welfare NN 29252 15 52 merely merely RB 29252 15 53 of of IN 29252 15 54 the the DT 29252 15 55 well well RB 29252 15 56 - - HYPH 29252 15 57 to to NN 29252 15 58 - - HYPH 29252 15 59 do do NN 29252 15 60 . . . 29252 16 1 I -PRON- PRP 29252 16 2 shall shall MD 29252 16 3 address address VB 29252 16 4 myself -PRON- PRP 29252 16 5 to to IN 29252 16 6 the the DT 29252 16 7 practical practical JJ 29252 16 8 aspect aspect NN 29252 16 9 and and CC 29252 16 10 to to IN 29252 16 11 a a DT 29252 16 12 few few JJ 29252 16 13 phases phase NNS 29252 16 14 only only RB 29252 16 15 of of IN 29252 16 16 the the DT 29252 16 17 question question NN 29252 16 18 and and CC 29252 16 19 shall shall MD 29252 16 20 not not RB 29252 16 21 attempt attempt VB 29252 16 22 to to TO 29252 16 23 enter enter VB 29252 16 24 into into IN 29252 16 25 the the DT 29252 16 26 economic economic JJ 29252 16 27 theories theory NNS 29252 16 28 and and CC 29252 16 29 the the DT 29252 16 30 broader broad JJR 29252 16 31 and and CC 29252 16 32 deeper deep JJR 29252 16 33 considerations consideration NNS 29252 16 34 involved involve VBN 29252 16 35 . . . 29252 17 1 I -PRON- PRP 29252 17 2 shall shall MD 29252 17 3 assume assume VB 29252 17 4 in in IN 29252 17 5 my -PRON- PRP$ 29252 17 6 argument argument NN 29252 17 7 that that IN 29252 17 8 what what WP 29252 17 9 Congress Congress NNP 29252 17 10 is be VBZ 29252 17 11 seeking seek VBG 29252 17 12 to to TO 29252 17 13 accomplish 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. . 29252 18 1 I -PRON- PRP 29252 18 2 shall shall MD 29252 18 3 take take VB 29252 18 4 it -PRON- PRP 29252 18 5 for for IN 29252 18 6 granted grant VBN 29252 18 7 that that IN 29252 18 8 at at IN 29252 18 9 a a DT 29252 18 10 time time NN 29252 18 11 when when WRB 29252 18 12 more more JJR 29252 18 13 than than IN 29252 18 14 ever ever RB 29252 18 15 the the DT 29252 18 16 unity unity NN 29252 18 17 of of IN 29252 18 18 the the DT 29252 18 19 country country NN 29252 18 20 should should MD 29252 18 21 be be VB 29252 18 22 emphasized emphasize VBN 29252 18 23 , , , 29252 18 24 sectional sectional JJ 29252 18 25 selfishness selfishness NN 29252 18 26 will will MD 29252 18 27 find find VB 29252 18 28 no no DT 29252 18 29 place place NN 29252 18 30 in in IN 29252 18 31 the the DT 29252 18 32 taxation taxation NN 29252 18 33 program program NN 29252 18 34 , , , 29252 18 35 and and CC 29252 18 36 that that IN 29252 18 37 , , , 29252 18 38 should should MD 29252 18 39 it -PRON- PRP 29252 18 40 be be VB 29252 18 41 attempted attempt VBN 29252 18 42 nevertheless nevertheless RB 29252 18 43 , , , 29252 18 44 the the DT 29252 18 45 congressional congressional JJ 29252 18 46 delegations delegation NNS 29252 18 47 of of IN 29252 18 48 the the DT 29252 18 49 States state NNS 29252 18 50 which which WDT 29252 18 51 would would MD 29252 18 52 be be VB 29252 18 53 unjustly unjustly RB 29252 18 54 affected affect VBN 29252 18 55 , , , 29252 18 56 would would MD 29252 18 57 resist resist VB 29252 18 58 , , , 29252 18 59 regardless regardless RB 29252 18 60 of of IN 29252 18 61 party party NN 29252 18 62 affiliations affiliation NNS 29252 18 63 , , , 29252 18 64 harmful harmful JJ 29252 18 65 discrimination discrimination NN 29252 18 66 against against IN 29252 18 67 their -PRON- PRP$ 29252 18 68 constituents constituent NNS 29252 18 69 and and CC 29252 18 70 their -PRON- PRP$ 29252 18 71 States state NNS 29252 18 72 . . . 29252 19 1 I -PRON- PRP 29252 19 2 shall shall MD 29252 19 3 assume assume VB 29252 19 4 that that IN 29252 19 5 it -PRON- PRP 29252 19 6 is be VBZ 29252 19 7 not not RB 29252 19 8 the the DT 29252 19 9 purpose purpose NN 29252 19 10 and and CC 29252 19 11 intent intent NN 29252 19 12 of of IN 29252 19 13 Congress Congress NNP 29252 19 14 , , , 29252 19 15 under under IN 29252 19 16 the the DT 29252 19 17 guise guise NN 29252 19 18 of of IN 29252 19 19 the the DT 29252 19 20 necessities necessity NNS 29252 19 21 of of IN 29252 19 22 the the DT 29252 19 23 war war NN 29252 19 24 situation situation NN 29252 19 25 , , , 29252 19 26 to to TO 29252 19 27 embrace embrace VB 29252 19 28 the the DT 29252 19 29 doctrines doctrine NNS 29252 19 30 of of IN 29252 19 31 Socialism socialism NN 29252 19 32 . . . 29252 20 1 Our -PRON- PRP$ 29252 20 2 present present JJ 29252 20 3 economic economic JJ 29252 20 4 system system NN 29252 20 5 , , , 29252 20 6 our -PRON- PRP$ 29252 20 7 present present JJ 29252 20 8 method method NN 29252 20 9 of of IN 29252 20 10 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that that IN 29252 21 15 no no DT 29252 21 16 government government NN 29252 21 17 has have VBZ 29252 21 18 the the DT 29252 21 19 right right NN 29252 21 20 to to IN 29252 21 21 sanction sanction NN 29252 21 22 steps step NNS 29252 21 23 to to TO 29252 21 24 bring bring VB 29252 21 25 it -PRON- PRP 29252 21 26 about about IN 29252 21 27 until until IN 29252 21 28 the the DT 29252 21 29 subject subject NN 29252 21 30 has have VBZ 29252 21 31 been be VBN 29252 21 32 fully fully RB 29252 21 33 discussed discuss VBN 29252 21 34 before before IN 29252 21 35 the the DT 29252 21 36 people people NNS 29252 21 37 in in IN 29252 21 38 all all DT 29252 21 39 its -PRON- PRP$ 29252 21 40 bearings bearing NNS 29252 21 41 and and CC 29252 21 42 the the DT 29252 21 43 people people NNS 29252 21 44 have have VBP 29252 21 45 pronounced pronounce VBN 29252 21 46 judgment judgment NN 29252 21 47 through through IN 29252 21 48 a a DT 29252 21 49 Presidential presidential JJ 29252 21 50 or or CC 29252 21 51 other other JJ 29252 21 52 election election NN 29252 21 53 . . . 29252 22 1 I -PRON- PRP 29252 22 2 will will MD 29252 22 3 first first RB 29252 22 4 state state VB 29252 22 5 what what WP 29252 22 6 in in IN 29252 22 7 my -PRON- PRP$ 29252 22 8 opinion opinion NN 29252 22 9 ought ought MD 29252 22 10 not not RB 29252 22 11 to to TO 29252 22 12 be be VB 29252 22 13 done do VBN 29252 22 14 : : : 29252 22 15 I -PRON- PRP 29252 22 16 I -PRON- PRP 29252 22 17 take take VBP 29252 22 18 it -PRON- PRP 29252 22 19 that that IN 29252 22 20 not not RB 29252 22 21 many many JJ 29252 22 22 words word NNS 29252 22 23 need need VBP 29252 22 24 be be VB 29252 22 25 used use VBN 29252 22 26 to to TO 29252 22 27 expose expose VB 29252 22 28 the the DT 29252 22 29 fallacy fallacy NN 29252 22 30 of of IN 29252 22 31 the the DT 29252 22 32 argument argument NN 29252 22 33 , , , 29252 22 34 heard hear VBD 29252 22 35 even even RB 29252 22 36 in in IN 29252 22 37 the the DT 29252 22 38 Halls Halls NNPS 29252 22 39 of of IN 29252 22 40 Congress Congress NNP 29252 22 41 : : : 29252 22 42 " " `` 29252 22 43 If if IN 29252 22 44 men man NNS 29252 22 45 are be VBP 29252 22 46 to to TO 29252 22 47 be be VB 29252 22 48 conscripted conscript VBN 29252 22 49 , , , 29252 22 50 wealth wealth NN 29252 22 51 also also RB 29252 22 52 must must MD 29252 22 53 be be VB 29252 22 54 conscripted conscript VBN 29252 22 55 . . . 29252 22 56 " " '' 29252 23 1 _ _ NNP 29252 23 2 Men Men NNPS 29252 23 3 will will MD 29252 23 4 be be VB 29252 23 5 conscripted conscript VBN 29252 23 6 to to IN 29252 23 7 the the DT 29252 23 8 extent extent NN 29252 23 9 that that IN 29252 23 10 it -PRON- PRP 29252 23 11 is be VBZ 29252 23 12 wise wise JJ 29252 23 13 and and CC 29252 23 14 just just JJ 29252 23 15 and and CC 29252 23 16 needful needful JJ 29252 23 17 . . . 29252 24 1 So so RB 29252 24 2 , , , 29252 24 3 and and CC 29252 24 4 no no DT 29252 24 5 other other JJ 29252 24 6 , , , 29252 24 7 should should MD 29252 24 8 wealth wealth VB 29252 24 9 and and CC 29252 24 10 the the DT 29252 24 11 country country NN 29252 24 12 's 's POS 29252 24 13 resources resource NNS 29252 24 14 in in IN 29252 24 15 general general JJ 29252 24 16 be be VB 29252 24 17 conscripted conscript VBN 29252 24 18 . . . 29252 24 19 _ _ NNP 29252 24 20 And and CC 29252 24 21 , , , 29252 24 22 are be VBP 29252 24 23 not not RB 29252 24 24 the the DT 29252 24 25 children child NNS 29252 24 26 of of IN 29252 24 27 the the DT 29252 24 28 well well RB 29252 24 29 - - HYPH 29252 24 30 to to TO 29252 24 31 - - HYPH 29252 24 32 do do VB 29252 24 33 conscripted conscript VBN 29252 24 34 equally equally RB 29252 24 35 with with IN 29252 24 36 the the DT 29252 24 37 children child NNS 29252 24 38 of of IN 29252 24 39 the the DT 29252 24 40 poor poor JJ 29252 24 41 ? ? . 29252 25 1 Indeed indeed RB 29252 25 2 , , , 29252 25 3 the the DT 29252 25 4 proportion proportion NN 29252 25 5 of of IN 29252 25 6 the the DT 29252 25 7 sons son NNS 29252 25 8 of of IN 29252 25 9 the the DT 29252 25 10 well well RB 29252 25 11 - - HYPH 29252 25 12 to to TO 29252 25 13 - - HYPH 29252 25 14 do do VB 29252 25 15 on on IN 29252 25 16 the the DT 29252 25 17 actual actual JJ 29252 25 18 fighting fighting NN 29252 25 19 line line NN 29252 25 20 is be VBZ 29252 25 21 bound bind VBN 29252 25 22 to to TO 29252 25 23 be be VB 29252 25 24 a a DT 29252 25 25 predominating predominate VBG 29252 25 26 one one NN 29252 25 27 , , , 29252 25 28 because because IN 29252 25 29 vast vast JJ 29252 25 30 numbers number NNS 29252 25 31 of of IN 29252 25 32 wage wage NN 29252 25 33 workers worker NNS 29252 25 34 in in IN 29252 25 35 the the DT 29252 25 36 industries industry NNS 29252 25 37 and and CC 29252 25 38 on on IN 29252 25 39 the the DT 29252 25 40 farms farm NNS 29252 25 41 will will MD 29252 25 42 necessarily necessarily RB 29252 25 43 have have VB 29252 25 44 to to TO 29252 25 45 be be VB 29252 25 46 retained retain VBN 29252 25 47 at at IN 29252 25 48 their -PRON- PRP$ 29252 25 49 accustomed accustomed JJ 29252 25 50 vocations vocation NNS 29252 25 51 in in IN 29252 25 52 order order NN 29252 25 53 to to TO 29252 25 54 maintain maintain VB 29252 25 55 the the DT 29252 25 56 output output NN 29252 25 57 of of IN 29252 25 58 our -PRON- PRP$ 29252 25 59 factories factory NNS 29252 25 60 and and CC 29252 25 61 farms farm NNS 29252 25 62 . . . 29252 26 1 Have have VBP 29252 26 2 the the DT 29252 26 3 children child NNS 29252 26 4 of of IN 29252 26 5 the the DT 29252 26 6 well well RB 29252 26 7 - - HYPH 29252 26 8 to to TO 29252 26 9 - - HYPH 29252 26 10 do do VB 29252 26 11 been be VBN 29252 26 12 backward backward JJ 29252 26 13 in in IN 29252 26 14 volunteering volunteer VBG 29252 26 15 ? ? . 29252 27 1 Were be VBD 29252 27 2 they -PRON- PRP 29252 27 3 not not RB 29252 27 4 , , , 29252 27 5 on on IN 29252 27 6 the the DT 29252 27 7 contrary contrary NN 29252 27 8 , , , 29252 27 9 amongst amongst IN 29252 27 10 the the DT 29252 27 11 very very RB 29252 27 12 first first JJ 29252 27 13 to to TO 29252 27 14 offer offer VB 29252 27 15 to to TO 29252 27 16 serve serve VB 29252 27 17 and and CC 29252 27 18 to to TO 29252 27 19 fight fight VB 29252 27 20 ? ? . 29252 28 1 II II NNP 29252 28 2 _ _ NNP 29252 28 3 There there EX 29252 28 4 appears appear VBZ 29252 28 5 to to TO 29252 28 6 prevail prevail VB 29252 28 7 amongst amongst IN 29252 28 8 not not RB 29252 28 9 a a DT 29252 28 10 few few JJ 29252 28 11 people people NNS 29252 28 12 the the DT 29252 28 13 strange strange JJ 29252 28 14 delusion delusion NN 29252 28 15 that that IN 29252 28 16 America America NNP 29252 28 17 's 's POS 29252 28 18 entrance entrance NN 29252 28 19 into into IN 29252 28 20 the the DT 29252 28 21 war war NN 29252 28 22 was be VBD 29252 28 23 fomented foment VBN 29252 28 24 by by IN 29252 28 25 moneyed moneyed JJ 29252 28 26 men man NNS 29252 28 27 , , , 29252 28 28 in in IN 29252 28 29 part part NN 29252 28 30 , , , 29252 28 31 at at IN 29252 28 32 least least JJS 29252 28 33 , , , 29252 28 34 from from IN 29252 28 35 the the DT 29252 28 36 motive motive NN 29252 28 37 and and CC 29252 28 38 for for IN 29252 28 39 the the DT 29252 28 40 purpose purpose NN 29252 28 41 of of IN 29252 28 42 gain gain NN 29252 28 43 . . . 29252 28 44 _ _ NNP 29252 28 45 _ _ NNP 29252 28 46 Were be VBD 29252 28 47 there there EX 29252 28 48 any any DT 29252 28 49 such such JJ 29252 28 50 men man NNS 29252 28 51 , , , 29252 28 52 no no DT 29252 28 53 public public JJ 29252 28 54 condemnation condemnation NN 29252 28 55 of of IN 29252 28 56 them -PRON- PRP 29252 28 57 could could MD 29252 28 58 be be VB 29252 28 59 too too RB 29252 28 60 severe severe JJ 29252 28 61 , , , 29252 28 62 no no DT 29252 28 63 punishment punishment NN 29252 28 64 would would MD 29252 28 65 be be VB 29252 28 66 adequate adequate JJ 29252 28 67 . . . 29252 29 1 I -PRON- PRP 29252 29 2 am be VBP 29252 29 3 absolutely absolutely RB 29252 29 4 certain certain JJ 29252 29 5 that that IN 29252 29 6 no no DT 29252 29 7 such such JJ 29252 29 8 hideous hideous JJ 29252 29 9 and and CC 29252 29 10 dastardly dastardly JJ 29252 29 11 calculation calculation NN 29252 29 12 found find VBD 29252 29 13 lodgment lodgment NN 29252 29 14 in in IN 29252 29 15 the the DT 29252 29 16 brain brain NN 29252 29 17 of of IN 29252 29 18 any any DT 29252 29 19 American american JJ 29252 29 20 , , , 29252 29 21 rich rich JJ 29252 29 22 or or CC 29252 29 23 poor poor JJ 29252 29 24 . . . 29252 29 25 _ _ NNP 29252 29 26 Moreover moreover RB 29252 29 27 , , , 29252 29 28 is be VBZ 29252 29 29 it -PRON- PRP 29252 29 30 not not RB 29252 29 31 perfectly perfectly RB 29252 29 32 manifest manifest JJ 29252 29 33 that that IN 29252 29 34 any any DT 29252 29 35 rich rich JJ 29252 29 36 man man NN 29252 29 37 in in IN 29252 29 38 his -PRON- PRP$ 29252 29 39 senses sense NNS 29252 29 40 must must MD 29252 29 41 have have VB 29252 29 42 known know VBN 29252 29 43 that that IN 29252 29 44 his -PRON- PRP$ 29252 29 45 selfish selfish JJ 29252 29 46 interest interest NN 29252 29 47 was be VBD 29252 29 48 best best RB 29252 29 49 promoted promote VBN 29252 29 50 by by IN 29252 29 51 the the DT 29252 29 52 continuance continuance NN 29252 29 53 of of IN 29252 29 54 the the DT 29252 29 55 conditions condition NNS 29252 29 56 of of IN 29252 29 57 the the DT 29252 29 58 last last JJ 29252 29 59 three three CD 29252 29 60 years year NNS 29252 29 61 in in IN 29252 29 62 which which WDT 29252 29 63 America America NNP 29252 29 64 furnished furnish VBD 29252 29 65 funds fund NNS 29252 29 66 and and CC 29252 29 67 supplies supply NNS 29252 29 68 to to IN 29252 29 69 Europe Europe NNP 29252 29 70 at at IN 29252 29 71 huge huge JJ 29252 29 72 profits profit NNS 29252 29 73 , , , 29252 29 74 whilst whilst IN 29252 29 75 our -PRON- PRP$ 29252 29 76 entering enter VBG 29252 29 77 the the DT 29252 29 78 war war NN 29252 29 79 was be VBD 29252 29 80 bound bind VBN 29252 29 81 to to TO 29252 29 82 diminish diminish VB 29252 29 83 those those DT 29252 29 84 profits profit NNS 29252 29 85 very very RB 29252 29 86 largely largely RB 29252 29 87 ( ( -LRB- 29252 29 88 indeed indeed RB 29252 29 89 , , , 29252 29 90 to to TO 29252 29 91 entirely entirely RB 29252 29 92 eliminate eliminate VB 29252 29 93 some some DT 29252 29 94 of of IN 29252 29 95 them -PRON- PRP 29252 29 96 ) ) -RRB- 29252 29 97 , , , 29252 29 98 to to TO 29252 29 99 interfere interfere VB 29252 29 100 with with IN 29252 29 101 business business NN 29252 29 102 activity activity NN 29252 29 103 in in IN 29252 29 104 many many JJ 29252 29 105 lines line NNS 29252 29 106 and and CC 29252 29 107 to to TO 29252 29 108 compel compel VB 29252 29 109 the the DT 29252 29 110 imposition imposition NN 29252 29 111 of of IN 29252 29 112 heavy heavy JJ 29252 29 113 taxes taxis NNS 29252 29 114 on on IN 29252 29 115 wealth wealth NN 29252 29 116 ? ? . 29252 30 1 It -PRON- PRP 29252 30 2 is be VBZ 29252 30 3 to to IN 29252 30 4 the the DT 29252 30 5 credit credit NN 29252 30 6 of of IN 29252 30 7 our -PRON- PRP$ 29252 30 8 rich rich JJ 29252 30 9 men man NNS 29252 30 10 that that WDT 29252 30 11 , , , 29252 30 12 though though IN 29252 30 13 fully fully RB 29252 30 14 realizing realize VBG 29252 30 15 the the DT 29252 30 16 extent extent NN 29252 30 17 of of IN 29252 30 18 the the DT 29252 30 19 monetary monetary JJ 29252 30 20 loss loss NN 29252 30 21 and and CC 29252 30 22 sacrifices sacrifice NNS 29252 30 23 which which WDT 29252 30 24 war war NN 29252 30 25 between between IN 29252 30 26 this this DT 29252 30 27 country country NN 29252 30 28 and and CC 29252 30 29 Germany Germany NNP 29252 30 30 must must MD 29252 30 31 necessarily necessarily RB 29252 30 32 bring bring VB 29252 30 33 to to IN 29252 30 34 them -PRON- PRP 29252 30 35 , , , 29252 30 36 there there EX 29252 30 37 were be VBD 29252 30 38 but but CC 29252 30 39 very very RB 29252 30 40 few few JJ 29252 30 41 of of IN 29252 30 42 them -PRON- PRP 29252 30 43 who who WP 29252 30 44 supported support VBD 29252 30 45 the the DT 29252 30 46 Peace Peace NNP 29252 30 47 - - HYPH 29252 30 48 at at IN 29252 30 49 - - HYPH 29252 30 50 any any DT 29252 30 51 - - HYPH 29252 30 52 Price Price NNP 29252 30 53 Party Party NNP 29252 30 54 or or CC 29252 30 55 favored favor VBD 29252 30 56 the the DT 29252 30 57 avoidance avoidance NN 29252 30 58 of of IN 29252 30 59 America America NNP 29252 30 60 entering enter VBG 29252 30 61 into into IN 29252 30 62 the the DT 29252 30 63 war war NN 29252 30 64 when when WRB 29252 30 65 it -PRON- PRP 29252 30 66 had have VBD 29252 30 67 become become VBN 29252 30 68 plain plain JJ 29252 30 69 that that IN 29252 30 70 our -PRON- PRP$ 29252 30 71 participation participation NN 29252 30 72 in in IN 29252 30 73 that that DT 29252 30 74 war war NN 29252 30 75 could could MD 29252 30 76 not not RB 29252 30 77 be be VB 29252 30 78 avoided avoid VBN 29252 30 79 with with IN 29252 30 80 honor honor NN 29252 30 81 and and CC 29252 30 82 with with IN 29252 30 83 due due JJ 29252 30 84 regard regard NN 29252 30 85 for for IN 29252 30 86 our -PRON- PRP$ 29252 30 87 duty duty NN 29252 30 88 to to IN 29252 30 89 our -PRON- PRP$ 29252 30 90 own own JJ 29252 30 91 country country NN 29252 30 92 , , , 29252 30 93 or or CC 29252 30 94 to to IN 29252 30 95 the the DT 29252 30 96 cause cause NN 29252 30 97 of of IN 29252 30 98 right right NN 29252 30 99 and and CC 29252 30 100 liberty liberty NN 29252 30 101 throughout throughout IN 29252 30 102 the the DT 29252 30 103 world world NN 29252 30 104 . . . 29252 31 1 Yet yet RB 29252 31 2 , , , 29252 31 3 somehow somehow RB 29252 31 4 , , , 29252 31 5 the the DT 29252 31 6 pacifists pacifist NNS 29252 31 7 seem seem VBP 29252 31 8 to to TO 29252 31 9 have have VB 29252 31 10 singled single VBN 29252 31 11 out out RP 29252 31 12 the the DT 29252 31 13 rich rich JJ 29252 31 14 as as IN 29252 31 15 mainly mainly RB 29252 31 16 responsible responsible JJ 29252 31 17 for for IN 29252 31 18 the the DT 29252 31 19 war war NN 29252 31 20 . . . 29252 32 1 It -PRON- PRP 29252 32 2 may may MD 29252 32 3 be be VB 29252 32 4 due due JJ 29252 32 5 , , , 29252 32 6 consciously consciously RB 29252 32 7 or or CC 29252 32 8 unconsciously unconsciously RB 29252 32 9 , , , 29252 32 10 to to IN 29252 32 11 a a DT 29252 32 12 resulting result VBG 29252 32 13 feeling feeling NN 29252 32 14 of of IN 29252 32 15 resentment resentment NN 29252 32 16 that that WDT 29252 32 17 _ _ NNP 29252 32 18 the the DT 29252 32 19 proposal proposal NN 29252 32 20 to to TO 29252 32 21 confiscate confiscate VB 29252 32 22 during during IN 29252 32 23 the the DT 29252 32 24 war war NN 29252 32 25 all all DT 29252 32 26 incomes income NNS 29252 32 27 beyond beyond IN 29252 32 28 a a DT 29252 32 29 certain certain JJ 29252 32 30 figure figure NN 29252 32 31 is be VBZ 29252 32 32 actively actively RB 29252 32 33 promoted promote VBN 29252 32 34 by by IN 29252 32 35 leading lead VBG 29252 32 36 pacifists_--a pacifists_--a CD 29252 32 37 proposal proposal NN 29252 32 38 based base VBN 29252 32 39 upon upon IN 29252 32 40 ignorance ignorance NN 29252 32 41 of of IN 29252 32 42 , , , 29252 32 43 or or CC 29252 32 44 disregard disregard NN 29252 32 45 for for IN 29252 32 46 , , , 29252 32 47 the the DT 29252 32 48 laws law NNS 29252 32 49 of of IN 29252 32 50 economics economic NNS 29252 32 51 , , , 29252 32 52 teachings teaching NNS 29252 32 53 of of IN 29252 32 54 history history NN 29252 32 55 and and CC 29252 32 56 practical practical JJ 29252 32 57 considerations consideration NNS 29252 32 58 . . . 29252 33 1 If if IN 29252 33 2 any any DT 29252 33 3 such such JJ 29252 33 4 scheme scheme NN 29252 33 5 were be VBD 29252 33 6 to to TO 29252 33 7 be be VB 29252 33 8 adopted adopt VBN 29252 33 9 , , , 29252 33 10 the the DT 29252 33 11 consequences consequence NNS 29252 33 12 to to IN 29252 33 13 the the DT 29252 33 14 country country NN 29252 33 15 at at IN 29252 33 16 large large JJ 29252 33 17 would would MD 29252 33 18 be be VB 29252 33 19 far far RB 29252 33 20 more more RBR 29252 33 21 serious serious JJ 29252 33 22 than than IN 29252 33 23 to to IN 29252 33 24 the the DT 29252 33 25 victims victim NNS 29252 33 26 of of IN 29252 33 27 the the DT 29252 33 28 proposed propose VBN 29252 33 29 action action NN 29252 33 30 . . . 29252 34 1 If if IN 29252 34 2 such such PDT 29252 34 3 a a DT 29252 34 4 measure measure NN 29252 34 5 of of IN 29252 34 6 outright outright JJ 29252 34 7 confiscation confiscation NN 29252 34 8 were be VBD 29252 34 9 seriously seriously RB 29252 34 10 apprehended apprehend VBN 29252 34 11 , , , 29252 34 12 at at IN 29252 34 13 a a DT 29252 34 14 time time NN 29252 34 15 moreover moreover RB 29252 34 16 and and CC 29252 34 17 under under IN 29252 34 18 conditions condition NNS 29252 34 19 which which WDT 29252 34 20 are be VBP 29252 34 21 far far RB 29252 34 22 as as RB 29252 34 23 yet yet RB 29252 34 24 from from IN 29252 34 25 calling call VBG 29252 34 26 for for IN 29252 34 27 extreme extreme JJ 29252 34 28 measures measure NNS 29252 34 29 , , , 29252 34 30 capital capital NN 29252 34 31 would would MD 29252 34 32 cease cease VB 29252 34 33 to to TO 29252 34 34 flow flow VB 29252 34 35 in in IN 29252 34 36 its -PRON- PRP$ 29252 34 37 accustomed accustomed JJ 29252 34 38 currents current NNS 29252 34 39 and and CC 29252 34 40 some some DT 29252 34 41 of of IN 29252 34 42 it -PRON- PRP 29252 34 43 would would MD 29252 34 44 seek seek VB 29252 34 45 other other JJ 29252 34 46 channels channel NNS 29252 34 47 legitimately legitimately RB 29252 34 48 open open JJ 29252 34 49 to to IN 29252 34 50 it -PRON- PRP 29252 34 51 . . . 29252 35 1 It -PRON- PRP 29252 35 2 would would MD 29252 35 3 certainly certainly RB 29252 35 4 cease cease VB 29252 35 5 flowing flow VBG 29252 35 6 into into IN 29252 35 7 constructive constructive JJ 29252 35 8 use use NN 29252 35 9 and and CC 29252 35 10 would would MD 29252 35 11 instead instead RB 29252 35 12 confine confine VB 29252 35 13 itself -PRON- PRP 29252 35 14 , , , 29252 35 15 to to IN 29252 35 16 an an DT 29252 35 17 extent extent NN 29252 35 18 at at IN 29252 35 19 least least JJS 29252 35 20 , , , 29252 35 21 to to IN 29252 35 22 municipal municipal JJ 29252 35 23 , , , 29252 35 24 state state NN 29252 35 25 and and CC 29252 35 26 federal federal JJ 29252 35 27 tax tax NN 29252 35 28 - - HYPH 29252 35 29 exempt exempt JJ 29252 35 30 securities security NNS 29252 35 31 . . . 29252 36 1 Enterprise enterprise NN 29252 36 2 would would MD 29252 36 3 be be VB 29252 36 4 seriously seriously RB 29252 36 5 hampered hamper VBN 29252 36 6 and and CC 29252 36 7 in in IN 29252 36 8 some some DT 29252 36 9 respects respect NNS 29252 36 10 brought bring VBN 29252 36 11 to to IN 29252 36 12 a a DT 29252 36 13 standstill standstill NN 29252 36 14 entirely entirely RB 29252 36 15 . . . 29252 37 1 Many many JJ 29252 37 2 thousands thousand NNS 29252 37 3 of of IN 29252 37 4 workmen workman NNS 29252 37 5 would would MD 29252 37 6 be be VB 29252 37 7 thrown throw VBN 29252 37 8 out out IN 29252 37 9 of of IN 29252 37 10 employment employment NN 29252 37 11 . . . 29252 38 1 Many many JJ 29252 38 2 businesses business NNS 29252 38 3 and and CC 29252 38 4 shops shop NNS 29252 38 5 would would MD 29252 38 6 close close VB 29252 38 7 . . . 29252 39 1 There there EX 29252 39 2 would would MD 29252 39 3 ensue ensue VB 29252 39 4 , , , 29252 39 5 as as IN 29252 39 6 a a DT 29252 39 7 natural natural JJ 29252 39 8 consequence consequence NN 29252 39 9 and and CC 29252 39 10 without without IN 29252 39 11 any any DT 29252 39 12 conscious conscious JJ 29252 39 13 determination determination NN 29252 39 14 , , , 29252 39 15 a a DT 29252 39 16 nation nation NN 29252 39 17 - - HYPH 29252 39 18 wide wide JJ 29252 39 19 strike strike NN 29252 39 20 of of IN 29252 39 21 constructive constructive JJ 29252 39 22 activity activity NN 29252 39 23 and and CC 29252 39 24 enterprise enterprise NN 29252 39 25 in in IN 29252 39 26 commerce commerce NN 29252 39 27 and and CC 29252 39 28 finance finance NN 29252 39 29 , , , 29252 39 30 because because IN 29252 39 31 men man NNS 29252 39 32 will will MD 29252 39 33 not not RB 29252 39 34 look look VB 29252 39 35 upon upon IN 29252 39 36 it -PRON- PRP 29252 39 37 as as IN 29252 39 38 a a DT 29252 39 39 " " `` 29252 39 40 square square JJ 29252 39 41 deal deal NN 29252 39 42 " " '' 29252 39 43 if if IN 29252 39 44 they -PRON- PRP 29252 39 45 are be VBP 29252 39 46 to to TO 29252 39 47 take take VB 29252 39 48 all all PDT 29252 39 49 the the DT 29252 39 50 risk risk NN 29252 39 51 and and CC 29252 39 52 responsibility responsibility NN 29252 39 53 , , , 29252 39 54 all all PDT 29252 39 55 the the DT 29252 39 56 hard hard JJ 29252 39 57 work work NN 29252 39 58 and and CC 29252 39 59 ceaseless ceaseless NN 29252 39 60 strain strain NN 29252 39 61 and and CC 29252 39 62 care care NN 29252 39 63 of of IN 29252 39 64 business business NN 29252 39 65 effort effort NN 29252 39 66 , , , 29252 39 67 whilst whilst IN 29252 39 68 the the DT 29252 39 69 Government Government NNP 29252 39 70 would would MD 29252 39 71 _ _ VB 29252 39 72 needlessly needlessly RB 29252 39 73 _ _ NNP 29252 39 74 take take VB 29252 39 75 from from IN 29252 39 76 them -PRON- PRP 29252 39 77 an an DT 29252 39 78 unduly unduly RB 29252 39 79 large large JJ 29252 39 80 share share NN 29252 39 81 of of IN 29252 39 82 the the DT 29252 39 83 fruit fruit NN 29252 39 84 of of IN 29252 39 85 their -PRON- PRP$ 29252 39 86 labor labor NN 29252 39 87 , , , 29252 39 88 let let VB 29252 39 89 alone alone RB 29252 39 90 all all DT 29252 39 91 of of IN 29252 39 92 it -PRON- PRP 29252 39 93 except except IN 29252 39 94 an an DT 29252 39 95 arbitrarily arbitrarily RB 29252 39 96 fixed fix VBN 29252 39 97 sum sum NN 29252 39 98 . . . 29252 40 1 I -PRON- PRP 29252 40 2 say say VBP 29252 40 3 " " `` 29252 40 4 needlessly needlessly RB 29252 40 5 " " '' 29252 40 6 because because IN 29252 40 7 , , , 29252 40 8 _ _ NNP 29252 40 9 were be VBD 29252 40 10 it -PRON- PRP 29252 40 11 really really RB 29252 40 12 needed need VBN 29252 40 13 , , , 29252 40 14 business business NN 29252 40 15 men man NNS 29252 40 16 would would MD 29252 40 17 willingly willingly RB 29252 40 18 sacrifice sacrifice VB 29252 40 19 their -PRON- PRP$ 29252 40 20 entire entire JJ 29252 40 21 income income NN 29252 40 22 for for IN 29252 40 23 the the DT 29252 40 24 country country NN 29252 40 25 's 's POS 29252 40 26 cause cause NN 29252 40 27 . . . 29252 40 28 _ _ NNP 29252 40 29 They -PRON- PRP 29252 40 30 would would MD 29252 40 31 work work VB 29252 40 32 for for IN 29252 40 33 patriotism patriotism NN 29252 40 34 , , , 29252 40 35 without without IN 29252 40 36 any any DT 29252 40 37 recompense recompense NN 29252 40 38 whatever whatever WDT 29252 40 39 , , , 29252 40 40 just just RB 29252 40 41 as as RB 29252 40 42 hard hard JJ 29252 40 43 and and CC 29252 40 44 harder hard JJR 29252 40 45 than than IN 29252 40 46 they -PRON- PRP 29252 40 47 do do VBP 29252 40 48 for for IN 29252 40 49 gain gain NN 29252 40 50 or or CC 29252 40 51 for for IN 29252 40 52 ambition ambition NN 29252 40 53 , , , 29252 40 54 if if IN 29252 40 55 the the DT 29252 40 56 occasion occasion NN 29252 40 57 required require VBD 29252 40 58 it -PRON- PRP 29252 40 59 . . . 29252 41 1 But but CC 29252 41 2 , , , 29252 41 3 of of IN 29252 41 4 course course NN 29252 41 5 , , , 29252 41 6 everyone everyone NN 29252 41 7 knows know VBZ 29252 41 8 that that IN 29252 41 9 nothing nothing NN 29252 41 10 remotely remotely RB 29252 41 11 approaching approach VBG 29252 41 12 such such JJ 29252 41 13 drastic drastic JJ 29252 41 14 taxation taxation NN 29252 41 15 is be VBZ 29252 41 16 required require VBN 29252 41 17 in in IN 29252 41 18 this this DT 29252 41 19 country country NN 29252 41 20 at at IN 29252 41 21 this this DT 29252 41 22 time time NN 29252 41 23 . . . 29252 42 1 It -PRON- PRP 29252 42 2 is be VBZ 29252 42 3 absolutely absolutely RB 29252 42 4 right right JJ 29252 42 5 to to TO 29252 42 6 proclaim proclaim VB 29252 42 7 and and CC 29252 42 8 to to TO 29252 42 9 enforce enforce VB 29252 42 10 by by IN 29252 42 11 legislation legislation NN 29252 42 12 that that IN 29252 42 13 no no DT 29252 42 14 man man NN 29252 42 15 , , , 29252 42 16 as as RB 29252 42 17 far far RB 29252 42 18 as as IN 29252 42 19 it -PRON- PRP 29252 42 20 is be VBZ 29252 42 21 possible possible JJ 29252 42 22 to to TO 29252 42 23 prevent prevent VB 29252 42 24 it -PRON- PRP 29252 42 25 , , , 29252 42 26 shall shall MD 29252 42 27 make make VB 29252 42 28 money money NN 29252 42 29 _ _ NNP 29252 42 30 out out IN 29252 42 31 of of IN 29252 42 32 a a DT 29252 42 33 war war NN 29252 42 34 _ _ NNP 29252 42 35 in in IN 29252 42 36 which which WDT 29252 42 37 his -PRON- PRP$ 29252 42 38 country country NN 29252 42 39 is be VBZ 29252 42 40 engaged engage VBN 29252 42 41 , , , 29252 42 42 but but CC 29252 42 43 there there EX 29252 42 44 is be VBZ 29252 42 45 all all PDT 29252 42 46 the the DT 29252 42 47 difference difference NN 29252 42 48 in in IN 29252 42 49 the the DT 29252 42 50 world world NN 29252 42 51 between between IN 29252 42 52 that that DT 29252 42 53 just just JJ 29252 42 54 and and CC 29252 42 55 moral moral JJ 29252 42 56 doctrine doctrine NN 29252 42 57 and and CC 29252 42 58 between between IN 29252 42 59 the the DT 29252 42 60 doctrine doctrine NN 29252 42 61 that that IN 29252 42 62 no no DT 29252 42 63 man man NN 29252 42 64 shall shall MD 29252 42 65 be be VB 29252 42 66 permitted permit VBN 29252 42 67 to to TO 29252 42 68 have have VB 29252 42 69 more more JJR 29252 42 70 than than IN 29252 42 71 an an DT 29252 42 72 arbitrarily arbitrarily RB 29252 42 73 fixed fix VBN 29252 42 74 income income NN 29252 42 75 _ _ NNP 29252 42 76 during during IN 29252 42 77 _ _ NNP 29252 42 78 a a DT 29252 42 79 war war NN 29252 42 80 . . . 29252 43 1 If if IN 29252 43 2 $ $ $ 29252 43 3 100,000 100,000 CD 29252 43 4 or or CC 29252 43 5 any any DT 29252 43 6 fixed fix VBN 29252 43 7 sum sum NN 29252 43 8 is be VBZ 29252 43 9 the the DT 29252 43 10 limit limit NN 29252 43 11 of of IN 29252 43 12 what what WP 29252 43 13 may may MD 29252 43 14 be be VB 29252 43 15 permissible permissible JJ 29252 43 16 income income NN 29252 43 17 during during IN 29252 43 18 war war NN 29252 43 19 time time NN 29252 43 20 , , , 29252 43 21 why why WRB 29252 43 22 not not RB 29252 43 23 by by IN 29252 43 24 and and CC 29252 43 25 by by IN 29252 43 26 a a DT 29252 43 27 lesser less JJR 29252 43 28 sum sum NN 29252 43 29 ? ? . 29252 44 1 If if IN 29252 44 2 the the DT 29252 44 3 principle principle NN 29252 44 4 is be VBZ 29252 44 5 once once RB 29252 44 6 admitted admit VBN 29252 44 7 , , , 29252 44 8 where where WRB 29252 44 9 will will MD 29252 44 10 its -PRON- PRP$ 29252 44 11 application application NN 29252 44 12 stop stop VB 29252 44 13 , , , 29252 44 14 even even RB 29252 44 15 in in IN 29252 44 16 time time NN 29252 44 17 of of IN 29252 44 18 peace peace NN 29252 44 19 ? ? . 29252 45 1 Why why WRB 29252 45 2 is be VBZ 29252 45 3 not not RB 29252 45 4 the the DT 29252 45 5 proposed propose VBN 29252 45 6 plan plan NN 29252 45 7 , , , 29252 45 8 or or CC 29252 45 9 anything anything NN 29252 45 10 in in IN 29252 45 11 the the DT 29252 45 12 nature nature NN 29252 45 13 of of IN 29252 45 14 that that DT 29252 45 15 plan plan NN 29252 45 16 , , , 29252 45 17 simply simply RB 29252 45 18 license license VB 29252 45 19 for for IN 29252 45 20 the the DT 29252 45 21 materially materially RB 29252 45 22 unsuccessful unsuccessful JJ 29252 45 23 to to TO 29252 45 24 despoil despoil VB 29252 45 25 the the DT 29252 45 26 materially materially RB 29252 45 27 successful successful JJ 29252 45 28 ? ? . 29252 46 1 History history NN 29252 46 2 shows show VBZ 29252 46 3 more more JJR 29252 46 4 than than IN 29252 46 5 one one CD 29252 46 6 instance instance NN 29252 46 7 where where WRB 29252 46 8 this this DT 29252 46 9 road road NN 29252 46 10 inevitably inevitably RB 29252 46 11 leads lead VBZ 29252 46 12 to to IN 29252 46 13 when when WRB 29252 46 14 once once RB 29252 46 15 entered enter VBN 29252 46 16 upon upon IN 29252 46 17 . . . 29252 47 1 And and CC 29252 47 2 who who WP 29252 47 3 are be VBP 29252 47 4 our -PRON- PRP$ 29252 47 5 successful successful JJ 29252 47 6 men man NNS 29252 47 7 ? ? . 29252 48 1 The the DT 29252 48 2 vast vast JJ 29252 48 3 majority majority NN 29252 48 4 of of IN 29252 48 5 them -PRON- PRP 29252 48 6 are be VBP 29252 48 7 self self NN 29252 48 8 - - HYPH 29252 48 9 made make VBN 29252 48 10 men man NNS 29252 48 11 who who WP 29252 48 12 started start VBD 29252 48 13 at at IN 29252 48 14 the the DT 29252 48 15 bottom bottom NN 29252 48 16 of of IN 29252 48 17 the the DT 29252 48 18 ladder ladder NN 29252 48 19 . . . 29252 49 1 It -PRON- PRP 29252 49 2 is be VBZ 29252 49 3 trite trite VBN 29252 49 4 to to TO 29252 49 5 say say VB 29252 49 6 that that IN 29252 49 7 inequality inequality NN 29252 49 8 of of IN 29252 49 9 endowment endowment NN 29252 49 10 and and CC 29252 49 11 therefore therefore RB 29252 49 12 inequality inequality NN 29252 49 13 of of IN 29252 49 14 results result NNS 29252 49 15 in in IN 29252 49 16 human human JJ 29252 49 17 beings being NNS 29252 49 18 , , , 29252 49 19 as as RB 29252 49 20 well well RB 29252 49 21 as as IN 29252 49 22 in in IN 29252 49 23 inanimate inanimate JJ 29252 49 24 things thing NNS 29252 49 25 , , , 29252 49 26 is be VBZ 29252 49 27 a a DT 29252 49 28 law law NN 29252 49 29 of of IN 29252 49 30 nature nature NN 29252 49 31 . . . 29252 50 1 The the DT 29252 50 2 capacity capacity NN 29252 50 3 for for IN 29252 50 4 creating create VBG 29252 50 5 , , , 29252 50 6 organizing organize VBG 29252 50 7 , , , 29252 50 8 leading leading NN 29252 50 9 , , , 29252 50 10 etc etc FW 29252 50 11 . . FW 29252 50 12 , , , 29252 50 13 in in IN 29252 50 14 short short JJ 29252 50 15 , , , 29252 50 16 the the DT 29252 50 17 possession possession NN 29252 50 18 of of IN 29252 50 19 those those DT 29252 50 20 qualities quality NNS 29252 50 21 of of IN 29252 50 22 brain brain NN 29252 50 23 and and CC 29252 50 24 disposition disposition NN 29252 50 25 which which WDT 29252 50 26 beget beget VBP 29252 50 27 success success NN 29252 50 28 , , , 29252 50 29 is be VBZ 29252 50 30 rare rare JJ 29252 50 31 . . . 29252 51 1 It -PRON- PRP 29252 51 2 is be VBZ 29252 51 3 in in IN 29252 51 4 the the DT 29252 51 5 interest interest NN 29252 51 6 of of IN 29252 51 7 the the DT 29252 51 8 community community NN 29252 51 9 , , , 29252 51 10 whilst whilst IN 29252 51 11 carefully carefully RB 29252 51 12 guarding guard VBG 29252 51 13 and and CC 29252 51 14 fostering foster VBG 29252 51 15 the the DT 29252 51 16 rights right NNS 29252 51 17 , , , 29252 51 18 the the DT 29252 51 19 opportunities opportunity NNS 29252 51 20 and and CC 29252 51 21 the the DT 29252 51 22 well well RB 29252 51 23 - - HYPH 29252 51 24 being being NN 29252 51 25 of of IN 29252 51 26 all all DT 29252 51 27 of of IN 29252 51 28 its -PRON- PRP$ 29252 51 29 members member NNS 29252 51 30 , , , 29252 51 31 to to TO 29252 51 32 give give VB 29252 51 33 liberal liberal JJ 29252 51 34 incentives incentive NNS 29252 51 35 to to IN 29252 51 36 men man NNS 29252 51 37 possessing possess VBG 29252 51 38 those those DT 29252 51 39 gifts gift NNS 29252 51 40 to to TO 29252 51 41 put put VB 29252 51 42 them -PRON- PRP 29252 51 43 to to IN 29252 51 44 active active JJ 29252 51 45 and and CC 29252 51 46 intensive intensive JJ 29252 51 47 use use NN 29252 51 48 . . . 29252 52 1 It -PRON- PRP 29252 52 2 is be VBZ 29252 52 3 hardly hardly RB 29252 52 4 open open JJ 29252 52 5 to to TO 29252 52 6 doubt doubt VB 29252 52 7 that that IN 29252 52 8 , , , 29252 52 9 generally generally RB 29252 52 10 speaking speak VBG 29252 52 11 , , , 29252 52 12 the the DT 29252 52 13 work work NN 29252 52 14 of of IN 29252 52 15 able able JJ 29252 52 16 men man NNS 29252 52 17 , , , 29252 52 18 engaged engage VBN 29252 52 19 in in IN 29252 52 20 serious serious JJ 29252 52 21 and and CC 29252 52 22 legitimate legitimate JJ 29252 52 23 business business NN 29252 52 24 ( ( -LRB- 29252 52 25 I -PRON- PRP 29252 52 26 am be VBP 29252 52 27 not not RB 29252 52 28 speaking speak VBG 29252 52 29 of of IN 29252 52 30 gamblers gambler NNS 29252 52 31 and and CC 29252 52 32 parasites parasite NNS 29252 52 33 ) ) -RRB- 29252 52 34 , , , 29252 52 35 whilst whilst IN 29252 52 36 naturally naturally RB 29252 52 37 benefiting benefit VBG 29252 52 38 them -PRON- PRP 29252 52 39 , , , 29252 52 40 benefits benefit VBZ 29252 52 41 the the DT 29252 52 42 community community NN 29252 52 43 a a DT 29252 52 44 great great JJ 29252 52 45 deal deal NN 29252 52 46 more more RBR 29252 52 47 . . . 29252 53 1 The the DT 29252 53 2 income income NN 29252 53 3 of of IN 29252 53 4 hospitals hospital NNS 29252 53 5 , , , 29252 53 6 orphan orphan NN 29252 53 7 asylums asylum NNS 29252 53 8 , , , 29252 53 9 institutions institution NNS 29252 53 10 of of IN 29252 53 11 learning learning NN 29252 53 12 and and CC 29252 53 13 of of IN 29252 53 14 art art NN 29252 53 15 and and CC 29252 53 16 many many JJ 29252 53 17 other other JJ 29252 53 18 altruistic altruistic JJ 29252 53 19 enterprises enterprise NNS 29252 53 20 depends depend VBZ 29252 53 21 largely largely RB 29252 53 22 upon upon IN 29252 53 23 the the DT 29252 53 24 voluntary voluntary JJ 29252 53 25 taxation taxation NN 29252 53 26 , , , 29252 53 27 aggregating aggregate VBG 29252 53 28 a a DT 29252 53 29 great great JJ 29252 53 30 many many JJ 29252 53 31 millions million NNS 29252 53 32 annually annually RB 29252 53 33 , , , 29252 53 34 to to TO 29252 53 35 which which WDT 29252 53 36 those those DT 29252 53 37 men man NNS 29252 53 38 in in IN 29252 53 39 America America NNP 29252 53 40 who who WP 29252 53 41 have have VBP 29252 53 42 attained attain VBN 29252 53 43 financial financial JJ 29252 53 44 success success NN 29252 53 45 have have VBP 29252 53 46 always always RB 29252 53 47 willingly willingly RB 29252 53 48 submitted submit VBN 29252 53 49 themselves -PRON- PRP 29252 53 50 -- -- : 29252 53 51 more more RBR 29252 53 52 so so RB 29252 53 53 , , , 29252 53 54 probably probably RB 29252 53 55 than than IN 29252 53 56 in in IN 29252 53 57 any any DT 29252 53 58 other other JJ 29252 53 59 country country NN 29252 53 60 . . . 29252 54 1 Who who WP 29252 54 2 is be VBZ 29252 54 3 to to TO 29252 54 4 take take VB 29252 54 5 care care NN 29252 54 6 of of IN 29252 54 7 all all DT 29252 54 8 of of IN 29252 54 9 those those DT 29252 54 10 institutions institution NNS 29252 54 11 if if IN 29252 54 12 extreme extreme JJ 29252 54 13 taxation taxation NN 29252 54 14 compels compel VBZ 29252 54 15 the the DT 29252 54 16 rich rich JJ 29252 54 17 to to TO 29252 54 18 cease cease VB 29252 54 19 their -PRON- PRP$ 29252 54 20 contributions contribution NNS 29252 54 21 ? ? . 29252 55 1 III iii CD 29252 55 2 The the DT 29252 55 3 arguments argument NNS 29252 55 4 above above RB 29252 55 5 set set VBN 29252 55 6 forth forth RB 29252 55 7 apply apply VBP 29252 55 8 likewise likewise RB 29252 55 9 , , , 29252 55 10 though though IN 29252 55 11 naturally naturally RB 29252 55 12 not not RB 29252 55 13 quite quite RB 29252 55 14 in in IN 29252 55 15 the the DT 29252 55 16 same same JJ 29252 55 17 degree degree NN 29252 55 18 , , , 29252 55 19 to to IN 29252 55 20 the the DT 29252 55 21 proposal proposal NN 29252 55 22 of of IN 29252 55 23 levying levy VBG 29252 55 24 an an DT 29252 55 25 income income NN 29252 55 26 tax tax NN 29252 55 27 rising rise VBG 29252 55 28 to to IN 29252 55 29 an an DT 29252 55 30 excessively excessively RB 29252 55 31 high high JJ 29252 55 32 level level NN 29252 55 33 , , , 29252 55 34 as as IN 29252 55 35 , , , 29252 55 36 for for IN 29252 55 37 instance instance NN 29252 55 38 , , , 29252 55 39 the the DT 29252 55 40 suggested suggest VBN 29252 55 41 tax tax NN 29252 55 42 of of IN 29252 55 43 fifty fifty CD 29252 55 44 per per IN 29252 55 45 cent cent NN 29252 55 46 . . . 29252 56 1 on on IN 29252 56 2 incomes income NNS 29252 56 3 over over IN 29252 56 4 $ $ $ 29252 56 5 500,000 500,000 CD 29252 56 6 . . . 29252 57 1 There there RB 29252 57 2 , , , 29252 57 3 again again RB 29252 57 4 , , , 29252 57 5 the the DT 29252 57 6 test test NN 29252 57 7 should should MD 29252 57 8 be be VB 29252 57 9 whether whether IN 29252 57 10 so so RB 29252 57 11 radical radical JJ 29252 57 12 a a DT 29252 57 13 tax tax NN 29252 57 14 is be VBZ 29252 57 15 wise wise JJ 29252 57 16 and and CC 29252 57 17 required require VBN 29252 57 18 by by IN 29252 57 19 the the DT 29252 57 20 necessities necessity NNS 29252 57 21 of of IN 29252 57 22 the the DT 29252 57 23 country country NN 29252 57 24 . . . 29252 58 1 The the DT 29252 58 2 nations nation NNS 29252 58 3 in in IN 29252 58 4 Europe Europe NNP 29252 58 5 have have VBP 29252 58 6 been be VBN 29252 58 7 fighting fight VBG 29252 58 8 for for IN 29252 58 9 nearly nearly RB 29252 58 10 three three CD 29252 58 11 years year NNS 29252 58 12 and and CC 29252 58 13 have have VBP 29252 58 14 been be VBN 29252 58 15 under under IN 29252 58 16 an an DT 29252 58 17 infinitely infinitely RB 29252 58 18 greater great JJR 29252 58 19 financial financial JJ 29252 58 20 strain strain NN 29252 58 21 than than IN 29252 58 22 our -PRON- PRP$ 29252 58 23 country country NN 29252 58 24 is be VBZ 29252 58 25 or or CC 29252 58 26 will will MD 29252 58 27 be be VB 29252 58 28 , , , 29252 58 29 yet yet CC 29252 58 30 none none NN 29252 58 31 of of IN 29252 58 32 these these DT 29252 58 33 nations nation NNS 29252 58 34 have have VBP 29252 58 35 resorted resort VBN 29252 58 36 to to IN 29252 58 37 extreme extreme JJ 29252 58 38 taxation taxation NN 29252 58 39 of of IN 29252 58 40 income income NN 29252 58 41 . . . 29252 59 1 _ _ NNP 29252 59 2 Even even RB 29252 59 3 in in IN 29252 59 4 Great Great NNP 29252 59 5 Britain Britain NNP 29252 59 6 _ _ NNP 29252 59 7 , , , 29252 59 8 whose whose WP$ 29252 59 9 financial financial JJ 29252 59 10 burden burden NN 29252 59 11 is be VBZ 29252 59 12 the the DT 29252 59 13 heaviest heavy JJS 29252 59 14 of of IN 29252 59 15 all all DT 29252 59 16 , , , 29252 59 17 whose whose WP$ 29252 59 18 debt debt NN 29252 59 19 is be VBZ 29252 59 20 many many JJ 29252 59 21 times time NNS 29252 59 22 the the DT 29252 59 23 total total NN 29252 59 24 of of IN 29252 59 25 ours -PRON- PRP 29252 59 26 and and CC 29252 59 27 who who WP 29252 59 28 has have VBZ 29252 59 29 loaned loan VBN 29252 59 30 about about IN 29252 59 31 $ $ $ 29252 59 32 5,000,000,000 5,000,000,000 CD 29252 59 33 to to IN 29252 59 34 her -PRON- PRP$ 29252 59 35 Allies ally NNS 29252 59 36 , , , 29252 59 37 the the DT 29252 59 38 highest high JJS 29252 59 39 income income NN 29252 59 40 tax tax NN 29252 59 41 rate rate NN 29252 59 42 , , , 29252 59 43 the the DT 29252 59 44 maximum maximum JJ 29252 59 45 percentage percentage NN 29252 59 46 in in IN 29252 59 47 the the DT 29252 59 48 graduated graduate VBN 29252 59 49 scale scale NN 29252 59 50 of of IN 29252 59 51 taxation taxation NN 29252 59 52 , , , 29252 59 53 is be VBZ 29252 59 54 to to IN 29252 59 55 - - HYPH 29252 59 56 day day NN 29252 59 57 no no RB 29252 59 58 more more RBR 29252 59 59 than than IN 29252 59 60 approximately approximately RB 29252 59 61 forty forty CD 29252 59 62 per per IN 29252 59 63 cent cent NN 29252 59 64 . . . 29252 60 1 In in IN 29252 60 2 the the DT 29252 60 3 last last JJ 29252 60 4 budget budget NN 29252 60 5 , , , 29252 60 6 introduced introduce VBD 29252 60 7 a a DT 29252 60 8 couple couple NN 29252 60 9 of of IN 29252 60 10 weeks week NNS 29252 60 11 ago ago RB 29252 60 12 , , , 29252 60 13 the the DT 29252 60 14 British British NNP 29252 60 15 Chancellor Chancellor NNP 29252 60 16 of of IN 29252 60 17 the the DT 29252 60 18 Exchequer Exchequer NNP 29252 60 19 declined decline VBD 29252 60 20 , , , 29252 60 21 so so CC 29252 60 22 I -PRON- PRP 29252 60 23 am be VBP 29252 60 24 informed inform VBN 29252 60 25 , , , 29252 60 26 to to TO 29252 60 27 consider consider VB 29252 60 28 an an DT 29252 60 29 increase increase NN 29252 60 30 in in IN 29252 60 31 the the DT 29252 60 32 income income NN 29252 60 33 tax tax NN 29252 60 34 rate rate NN 29252 60 35 , , , 29252 60 36 because because IN 29252 60 37 of of IN 29252 60 38 the the DT 29252 60 39 damaging damaging JJ 29252 60 40 effect effect NN 29252 60 41 which which WDT 29252 60 42 such such JJ 29252 60 43 increase increase NN 29252 60 44 would would MD 29252 60 45 be be VB 29252 60 46 apt apt JJ 29252 60 47 to to TO 29252 60 48 have have VB 29252 60 49 on on IN 29252 60 50 the the DT 29252 60 51 country country NN 29252 60 52 's 's POS 29252 60 53 business business NN 29252 60 54 and and CC 29252 60 55 prosperity prosperity NN 29252 60 56 . . . 29252 61 1 In in IN 29252 61 2 France France NNP 29252 61 3 and and CC 29252 61 4 Germany Germany NNP 29252 61 5 the the DT 29252 61 6 burden burden NN 29252 61 7 laid lay VBN 29252 61 8 on on IN 29252 61 9 incomes income NNS 29252 61 10 is be VBZ 29252 61 11 much much RB 29252 61 12 lower low JJR 29252 61 13 than than IN 29252 61 14 in in IN 29252 61 15 England England NNP 29252 61 16 . . . 29252 62 1 _ _ NNP 29252 62 2 In in IN 29252 62 3 Canada Canada NNP 29252 62 4 _ _ NNP 29252 62 5 where where WRB 29252 62 6 war war NN 29252 62 7 loans loan NNS 29252 62 8 have have VBP 29252 62 9 been be VBN 29252 62 10 raised raise VBN 29252 62 11 equivalent equivalent JJ 29252 62 12 on on IN 29252 62 13 the the DT 29252 62 14 basis basis NN 29252 62 15 of of IN 29252 62 16 comparative comparative JJ 29252 62 17 population population NN 29252 62 18 to to IN 29252 62 19 what what WP 29252 62 20 would would MD 29252 62 21 be be VB 29252 62 22 more more JJR 29252 62 23 than than IN 29252 62 24 $ $ $ 29252 62 25 10,000,000,000 10,000,000,000 CD 29252 62 26 for for IN 29252 62 27 America America NNP 29252 62 28 , , , 29252 62 29 _ _ NNP 29252 62 30 no no DT 29252 62 31 Federal Federal NNP 29252 62 32 Income Income NNP 29252 62 33 Tax Tax NNP 29252 62 34 exists exist VBZ 29252 62 35 at at RB 29252 62 36 all all RB 29252 62 37 _ _ NNP 29252 62 38 . . . 29252 63 1 I -PRON- PRP 29252 63 2 doubt doubt VBP 29252 63 3 whether whether IN 29252 63 4 this this DT 29252 63 5 latter latter JJ 29252 63 6 fact fact NN 29252 63 7 is be VBZ 29252 63 8 generally generally RB 29252 63 9 known know VBN 29252 63 10 in in IN 29252 63 11 this this DT 29252 63 12 country country NN 29252 63 13 and and CC 29252 63 14 whether whether IN 29252 63 15 its -PRON- PRP$ 29252 63 16 significance significance NN 29252 63 17 is be VBZ 29252 63 18 receiving receive VBG 29252 63 19 the the DT 29252 63 20 measure measure NN 29252 63 21 of of IN 29252 63 22 serious serious JJ 29252 63 23 consideration consideration NN 29252 63 24 which which WDT 29252 63 25 it -PRON- PRP 29252 63 26 deserves deserve VBZ 29252 63 27 . . . 29252 64 1 I -PRON- PRP 29252 64 2 understand understand VBP 29252 64 3 that that IN 29252 64 4 it -PRON- PRP 29252 64 5 is be VBZ 29252 64 6 the the DT 29252 64 7 deliberate deliberate JJ 29252 64 8 policy policy NN 29252 64 9 of of IN 29252 64 10 the the DT 29252 64 11 Dominion Dominion NNP 29252 64 12 Government Government NNP 29252 64 13 to to TO 29252 64 14 endeavor endeavor VB 29252 64 15 to to TO 29252 64 16 avoid avoid VB 29252 64 17 resort resort NN 29252 64 18 to to IN 29252 64 19 an an DT 29252 64 20 income income NN 29252 64 21 tax tax NN 29252 64 22 in in IN 29252 64 23 order order NN 29252 64 24 to to TO 29252 64 25 attract attract VB 29252 64 26 capital capital NN 29252 64 27 to to IN 29252 64 28 Canada Canada NNP 29252 64 29 . . . 29252 65 1 There there EX 29252 65 2 can can MD 29252 65 3 be be VB 29252 65 4 little little JJ 29252 65 5 question question NN 29252 65 6 that that IN 29252 65 7 if if IN 29252 65 8 our -PRON- PRP$ 29252 65 9 income income NN 29252 65 10 taxation taxation NN 29252 65 11 is be VBZ 29252 65 12 fixed fix VBN 29252 65 13 at at IN 29252 65 14 unduly unduly JJ 29252 65 15 and and CC 29252 65 16 unnecessarily unnecessarily RB 29252 65 17 high high JJ 29252 65 18 rates rate NNS 29252 65 19 , , , 29252 65 20 whilst whilst IN 29252 65 21 Canada Canada NNP 29252 65 22 has have VBZ 29252 65 23 no no DT 29252 65 24 or or CC 29252 65 25 only only RB 29252 65 26 a a DT 29252 65 27 very very RB 29252 65 28 moderate moderate JJ 29252 65 29 income income NN 29252 65 30 tax tax NN 29252 65 31 , , , 29252 65 32 men man NNS 29252 65 33 of of IN 29252 65 34 enterprise enterprise NN 29252 65 35 will will MD 29252 65 36 seek seek VB 29252 65 37 that that DT 29252 65 38 country country NN 29252 65 39 and and CC 29252 65 40 there there EX 29252 65 41 will will MD 29252 65 42 be be VB 29252 65 43 a a DT 29252 65 44 large large JJ 29252 65 45 outflow outflow NN 29252 65 46 to to IN 29252 65 47 it -PRON- PRP 29252 65 48 of of IN 29252 65 49 capital capital NN 29252 65 50 in in IN 29252 65 51 course course NN 29252 65 52 of of IN 29252 65 53 time time NN 29252 65 54 -- -- : 29252 65 55 a a DT 29252 65 56 development development NN 29252 65 57 which which WDT 29252 65 58 can can MD 29252 65 59 not not RB 29252 65 60 be be VB 29252 65 61 without without IN 29252 65 62 effect effect NN 29252 65 63 upon upon IN 29252 65 64 our -PRON- PRP$ 29252 65 65 own own JJ 29252 65 66 prosperity prosperity NN 29252 65 67 , , , 29252 65 68 resources resource NNS 29252 65 69 and and CC 29252 65 70 economic economic JJ 29252 65 71 power power NN 29252 65 72 . . . 29252 66 1 The the DT 29252 66 2 financial financial JJ 29252 66 3 dislocation dislocation NN 29252 66 4 , , , 29252 66 5 the the DT 29252 66 6 discouragement discouragement NN 29252 66 7 and and CC 29252 66 8 the the DT 29252 66 9 apprehension apprehension NN 29252 66 10 caused cause VBN 29252 66 11 by by IN 29252 66 12 unduly unduly JJ 29252 66 13 heavy heavy JJ 29252 66 14 taxation taxation NN 29252 66 15 of of IN 29252 66 16 incomes income NNS 29252 66 17 will will MD 29252 66 18 not not RB 29252 66 19 only only RB 29252 66 20 act act VB 29252 66 21 as as IN 29252 66 22 a a DT 29252 66 23 drag drag NN 29252 66 24 on on IN 29252 66 25 enterprise enterprise NN 29252 66 26 and and CC 29252 66 27 constructive constructive JJ 29252 66 28 activity activity NN 29252 66 29 , , , 29252 66 30 but but CC 29252 66 31 will will MD 29252 66 32 make make VB 29252 66 33 it -PRON- PRP 29252 66 34 exceedingly exceedingly RB 29252 66 35 difficult difficult JJ 29252 66 36 , , , 29252 66 37 if if IN 29252 66 38 not not RB 29252 66 39 impossible impossible JJ 29252 66 40 , , , 29252 66 41 for for IN 29252 66 42 corporations corporation NNS 29252 66 43 to to TO 29252 66 44 sell sell VB 29252 66 45 securities security NNS 29252 66 46 in in IN 29252 66 47 sufficient sufficient JJ 29252 66 48 volume volume NN 29252 66 49 and and CC 29252 66 50 thus thus RB 29252 66 51 to to TO 29252 66 52 obtain obtain VB 29252 66 53 adequate adequate JJ 29252 66 54 funds fund NNS 29252 66 55 to to TO 29252 66 56 conduct conduct VB 29252 66 57 their -PRON- PRP$ 29252 66 58 business business NN 29252 66 59 -- -- : 29252 66 60 especially especially RB 29252 66 61 also also RB 29252 66 62 as as IN 29252 66 63 investors investor NNS 29252 66 64 will will MD 29252 66 65 be be VB 29252 66 66 fearful fearful JJ 29252 66 67 that that IN 29252 66 68 high high JJ 29252 66 69 rates rate NNS 29252 66 70 of of IN 29252 66 71 taxation taxation NN 29252 66 72 once once RB 29252 66 73 established establish VBN 29252 66 74 will will MD 29252 66 75 not not RB 29252 66 76 easily easily RB 29252 66 77 be be VB 29252 66 78 reduced reduce VBN 29252 66 79 to to IN 29252 66 80 normal normal JJ 29252 66 81 levels level NNS 29252 66 82 , , , 29252 66 83 even even RB 29252 66 84 when when WRB 29252 66 85 the the DT 29252 66 86 present present JJ 29252 66 87 emergency emergency NN 29252 66 88 is be VBZ 29252 66 89 passed pass VBN 29252 66 90 . . . 29252 67 1 Extravagance extravagance NN 29252 67 2 , , , 29252 67 3 log log NN 29252 67 4 - - HYPH 29252 67 5 rolling rolling NN 29252 67 6 , , , 29252 67 7 the the DT 29252 67 8 unwise unwise JJ 29252 67 9 and and CC 29252 67 10 inefficient inefficient JJ 29252 67 11 expenditure expenditure NN 29252 67 12 of of IN 29252 67 13 money money NN 29252 67 14 by by IN 29252 67 15 governmental governmental JJ 29252 67 16 bodies body NNS 29252 67 17 are be VBP 29252 67 18 amongst amongst IN 29252 67 19 the the DT 29252 67 20 besetting besetting NN 29252 67 21 sins sin NNS 29252 67 22 of of IN 29252 67 23 democracy democracy NN 29252 67 24 . . . 29252 68 1 The the DT 29252 68 2 formula formula NN 29252 68 3 once once RB 29252 68 4 found find VBD 29252 68 5 , , , 29252 68 6 the the DT 29252 68 7 machinery machinery NN 29252 68 8 once once RB 29252 68 9 employed employ VBN 29252 68 10 for for IN 29252 68 11 the the DT 29252 68 12 raising raising NN 29252 68 13 of of IN 29252 68 14 huge huge JJ 29252 68 15 revenues revenue NNS 29252 68 16 , , , 29252 68 17 are be VBP 29252 68 18 apt apt JJ 29252 68 19 to to TO 29252 68 20 make make VB 29252 68 21 the the DT 29252 68 22 way way NN 29252 68 23 of of IN 29252 68 24 wasteful wasteful JJ 29252 68 25 governmental governmental JJ 29252 68 26 spending spending NN 29252 68 27 all all DT 29252 68 28 too too RB 29252 68 29 temptingly temptingly RB 29252 68 30 easy easy JJ 29252 68 31 . . . 29252 69 1 It -PRON- PRP 29252 69 2 must must MD 29252 69 3 not not RB 29252 69 4 be be VB 29252 69 5 forgotten forget VBN 29252 69 6 that that IN 29252 69 7 taxation taxation NN 29252 69 8 must must MD 29252 69 9 necessarily necessarily RB 29252 69 10 by by IN 29252 69 11 that that DT 29252 69 12 much much RB 29252 69 13 diminish diminish VBP 29252 69 14 the the DT 29252 69 15 surplus surplus NN 29252 69 16 income income NN 29252 69 17 fund fund NN 29252 69 18 of of IN 29252 69 19 the the DT 29252 69 20 individual individual NN 29252 69 21 and and CC 29252 69 22 that that IN 29252 69 23 both both DT 29252 69 24 theoretically theoretically RB 29252 69 25 and and CC 29252 69 26 actually actually RB 29252 69 27 the the DT 29252 69 28 spending spending NN 29252 69 29 of of IN 29252 69 30 money money NN 29252 69 31 by by IN 29252 69 32 the the DT 29252 69 33 government government NN 29252 69 34 can can MD 29252 69 35 not not RB 29252 69 36 and and CC 29252 69 37 does do VBZ 29252 69 38 not not RB 29252 69 39 have have VB 29252 69 40 the the DT 29252 69 41 same same JJ 29252 69 42 effect effect NN 29252 69 43 upon upon IN 29252 69 44 the the DT 29252 69 45 country country NN 29252 69 46 's 's POS 29252 69 47 prosperity prosperity NN 29252 69 48 and and CC 29252 69 49 enterprise enterprise NN 29252 69 50 as as IN 29252 69 51 productive productive JJ 29252 69 52 use use NN 29252 69 53 of of IN 29252 69 54 his -PRON- PRP$ 29252 69 55 surplus surplus JJ 29252 69 56 funds fund NNS 29252 69 57 by by IN 29252 69 58 the the DT 29252 69 59 individual individual NN 29252 69 60 . . . 29252 70 1 The the DT 29252 70 2 sentimental sentimental NN 29252 70 3 , , , 29252 70 4 and and CC 29252 70 5 thereby thereby RB 29252 70 6 the the DT 29252 70 7 actual actual JJ 29252 70 8 , , , 29252 70 9 effect effect NN 29252 70 10 of of IN 29252 70 11 extreme extreme JJ 29252 70 12 taxation taxation NN 29252 70 13 will will MD 29252 70 14 not not RB 29252 70 15 be be VB 29252 70 16 confined confine VBN 29252 70 17 to to IN 29252 70 18 the the DT 29252 70 19 relatively relatively RB 29252 70 20 small small JJ 29252 70 21 number number NN 29252 70 22 of of IN 29252 70 23 people people NNS 29252 70 24 in in IN 29252 70 25 possession possession NN 29252 70 26 of of IN 29252 70 27 very very RB 29252 70 28 large large JJ 29252 70 29 incomes income NNS 29252 70 30 . . . 29252 71 1 The the DT 29252 71 2 disturbance disturbance NN 29252 71 3 and and CC 29252 71 4 fear fear NN 29252 71 5 caused cause VBN 29252 71 6 by by IN 29252 71 7 the the DT 29252 71 8 contemplation contemplation NN 29252 71 9 of of IN 29252 71 10 an an DT 29252 71 11 excessively excessively RB 29252 71 12 high high JJ 29252 71 13 ratio ratio NN 29252 71 14 of of IN 29252 71 15 taxation taxation NN 29252 71 16 , , , 29252 71 17 even even RB 29252 71 18 when when WRB 29252 71 19 applied apply VBN 29252 71 20 to to IN 29252 71 21 a a DT 29252 71 22 relatively relatively RB 29252 71 23 few few JJ 29252 71 24 , , , 29252 71 25 is be VBZ 29252 71 26 bound bind VBN 29252 71 27 to to TO 29252 71 28 spread spread VB 29252 71 29 to to IN 29252 71 30 those those DT 29252 71 31 also also RB 29252 71 32 of of IN 29252 71 33 more more JJR 29252 71 34 moderate moderate JJ 29252 71 35 incomes income NNS 29252 71 36 . . . 29252 72 1 Capital capital NN 29252 72 2 is be VBZ 29252 72 3 proverbially proverbially RB 29252 72 4 timid timid JJ 29252 72 5 . . . 29252 73 1 It -PRON- PRP 29252 73 2 will will MD 29252 73 3 not not RB 29252 73 4 take take VB 29252 73 5 risks risk NNS 29252 73 6 , , , 29252 73 7 except except IN 29252 73 8 in in IN 29252 73 9 the the DT 29252 73 10 expectation expectation NN 29252 73 11 of of IN 29252 73 12 commensurate commensurate JJ 29252 73 13 reward reward NN 29252 73 14 , , , 29252 73 15 and and CC 29252 73 16 if if IN 29252 73 17 it -PRON- PRP 29252 73 18 sees see VBZ 29252 73 19 the the DT 29252 73 20 danger danger NN 29252 73 21 of of IN 29252 73 22 its -PRON- PRP$ 29252 73 23 reward reward NN 29252 73 24 being be VBG 29252 73 25 unduly unduly RB 29252 73 26 infringed infringe VBN 29252 73 27 upon upon IN 29252 73 28 by by IN 29252 73 29 excessively excessively RB 29252 73 30 rigorous rigorous JJ 29252 73 31 income income NN 29252 73 32 taxation taxation NN 29252 73 33 , , , 29252 73 34 it -PRON- PRP 29252 73 35 will will MD 29252 73 36 anticipate anticipate VB 29252 73 37 that that DT 29252 73 38 menace menace NN 29252 73 39 by by IN 29252 73 40 withdrawing withdraw VBG 29252 73 41 from from IN 29252 73 42 the the DT 29252 73 43 field field NN 29252 73 44 of of IN 29252 73 45 constructive constructive JJ 29252 73 46 investment investment NN 29252 73 47 to to IN 29252 73 48 the the DT 29252 73 49 greatest great JJS 29252 73 50 extent extent NN 29252 73 51 possible possible JJ 29252 73 52 . . . 29252 74 1 So so RB 29252 74 2 much much JJ 29252 74 3 is be VBZ 29252 74 4 this this DT 29252 74 5 the the DT 29252 74 6 case case NN 29252 74 7 that that WDT 29252 74 8 I -PRON- PRP 29252 74 9 incline incline VBP 29252 74 10 to to IN 29252 74 11 the the DT 29252 74 12 belief belief NN 29252 74 13 that that IN 29252 74 14 _ _ NNP 29252 74 15 taxation taxation NN 29252 74 16 so so RB 29252 74 17 graded grade VBD 29252 74 18 as as IN 29252 74 19 to to TO 29252 74 20 result result VB 29252 74 21 in in IN 29252 74 22 a a DT 29252 74 23 maximum maximum JJ 29252 74 24 average average NN 29252 74 25 of of IN 29252 74 26 say say VBP 29252 74 27 33 33 CD 29252 74 28 - - SYM 29252 74 29 1/3 1/3 CD 29252 74 30 per per NN 29252 74 31 cent cent NN 29252 74 32 . . . 29252 75 1 would would MD 29252 75 2 produce produce VB 29252 75 3 at at IN 29252 75 4 least least JJS 29252 75 5 as as IN 29252 75 6 great great JJ 29252 75 7 a a DT 29252 75 8 revenue revenue NN 29252 75 9 as as IN 29252 75 10 a a DT 29252 75 11 maximum maximum JJ 29252 75 12 average average NN 29252 75 13 of of IN 29252 75 14 50 50 CD 29252 75 15 per per NN 29252 75 16 cent cent NN 29252 75 17 _ _ NNP 29252 75 18 . . . 29252 76 1 It -PRON- PRP 29252 76 2 is be VBZ 29252 76 3 one one CD 29252 76 4 of of IN 29252 76 5 the the DT 29252 76 6 oldest old JJS 29252 76 7 principles principle NNS 29252 76 8 of of IN 29252 76 9 taxation taxation NN 29252 76 10 that that IN 29252 76 11 an an DT 29252 76 12 excessive excessive JJ 29252 76 13 impost impost NN 29252 76 14 destroys destroy VBZ 29252 76 15 its -PRON- PRP$ 29252 76 16 own own JJ 29252 76 17 productivity productivity NN 29252 76 18 . . . 29252 77 1 The the DT 29252 77 2 flood flood NN 29252 77 3 of of IN 29252 77 4 securities security NNS 29252 77 5 which which WDT 29252 77 6 would would MD 29252 77 7 be be VB 29252 77 8 coming come VBG 29252 77 9 for for IN 29252 77 10 sale sale NN 29252 77 11 in in IN 29252 77 12 order order NN 29252 77 13 to to TO 29252 77 14 escape escape VB 29252 77 15 extreme extreme JJ 29252 77 16 income income NN 29252 77 17 taxation taxation NN 29252 77 18 would would MD 29252 77 19 create create VB 29252 77 20 a a DT 29252 77 21 grave grave JJ 29252 77 22 condition condition NN 29252 77 23 of of IN 29252 77 24 demoralization demoralization NN 29252 77 25 in in IN 29252 77 26 the the DT 29252 77 27 investment investment NN 29252 77 28 markets market NNS 29252 77 29 of of IN 29252 77 30 the the DT 29252 77 31 country country NN 29252 77 32 , , , 29252 77 33 with with IN 29252 77 34 the the DT 29252 77 35 resulting result VBG 29252 77 36 inevitable inevitable JJ 29252 77 37 effect effect NN 29252 77 38 upon upon IN 29252 77 39 the the DT 29252 77 40 country country NN 29252 77 41 's 's POS 29252 77 42 general general JJ 29252 77 43 business business NN 29252 77 44 , , , 29252 77 45 and and CC 29252 77 46 upon upon IN 29252 77 47 its -PRON- PRP$ 29252 77 48 capacity capacity NN 29252 77 49 to to TO 29252 77 50 absorb absorb VB 29252 77 51 Government Government NNP 29252 77 52 loans loan NNS 29252 77 53 . . . 29252 78 1 IV IV NNP 29252 78 2 The the DT 29252 78 3 tax tax NN 29252 78 4 recently recently RB 29252 78 5 enacted enact VBN 29252 78 6 by by IN 29252 78 7 Congress Congress NNP 29252 78 8 imposing impose VBG 29252 78 9 a a DT 29252 78 10 burden burden NN 29252 78 11 of of IN 29252 78 12 8 8 CD 29252 78 13 per per NN 29252 78 14 cent cent NN 29252 78 15 . . . 29252 79 1 on on IN 29252 79 2 business business NN 29252 79 3 profits profit NNS 29252 79 4 over over RB 29252 79 5 and and CC 29252 79 6 above above IN 29252 79 7 8 8 CD 29252 79 8 per per NN 29252 79 9 cent cent NN 29252 79 10 . . . 29252 80 1 on on IN 29252 80 2 the the DT 29252 80 3 capital capital NN 29252 80 4 employed employ VBN 29252 80 5 , , , 29252 80 6 regardless regardless RB 29252 80 7 of of IN 29252 80 8 whether whether IN 29252 80 9 such such JJ 29252 80 10 profits profit NNS 29252 80 11 have have VBP 29252 80 12 any any DT 29252 80 13 relation relation NN 29252 80 14 to to IN 29252 80 15 war war NN 29252 80 16 conditions condition NNS 29252 80 17 or or CC 29252 80 18 not not RB 29252 80 19 , , , 29252 80 20 is be VBZ 29252 80 21 unscientific unscientific JJ 29252 80 22 and and CC 29252 80 23 unsound unsound JJ 29252 80 24 . . . 29252 81 1 ( ( -LRB- 29252 81 2 Incidentally incidentally RB 29252 81 3 , , , 29252 81 4 it -PRON- PRP 29252 81 5 is be VBZ 29252 81 6 a a DT 29252 81 7 strange strange JJ 29252 81 8 provision provision NN 29252 81 9 of of IN 29252 81 10 that that DT 29252 81 11 law law NN 29252 81 12 that that IN 29252 81 13 it -PRON- PRP 29252 81 14 applies apply VBZ 29252 81 15 only only RB 29252 81 16 to to TO 29252 81 17 co co NNS 29252 81 18 - - NNS 29252 81 19 partnerships partnership NNS 29252 81 20 and and CC 29252 81 21 corporations corporation NNS 29252 81 22 , , , 29252 81 23 whilst whilst IN 29252 81 24 an an DT 29252 81 25 individual individual NN 29252 81 26 engaged engage VBN 29252 81 27 in in IN 29252 81 28 business business NN 29252 81 29 , , , 29252 81 30 however however RB 29252 81 31 profitable profitable JJ 29252 81 32 , , , 29252 81 33 is be VBZ 29252 81 34 not not RB 29252 81 35 taxed tax VBN 29252 81 36 . . . 29252 81 37 ) ) -RRB- 29252 82 1 It -PRON- PRP 29252 82 2 is be VBZ 29252 82 3 unquestionably unquestionably RB 29252 82 4 right right JJ 29252 82 5 and and CC 29252 82 6 in in IN 29252 82 7 accordance accordance NN 29252 82 8 with with IN 29252 82 9 both both CC 29252 82 10 good good JJ 29252 82 11 morals moral NNS 29252 82 12 and and CC 29252 82 13 good good JJ 29252 82 14 economics economic NNS 29252 82 15 , , , 29252 82 16 to to TO 29252 82 17 prevent prevent VB 29252 82 18 , , , 29252 82 19 as as RB 29252 82 20 far far RB 29252 82 21 as as IN 29252 82 22 possible possible JJ 29252 82 23 , , , 29252 82 24 the the DT 29252 82 25 enrichment enrichment NN 29252 82 26 of of IN 29252 82 27 business business NN 29252 82 28 and and CC 29252 82 29 business business NN 29252 82 30 men man NNS 29252 82 31 through through IN 29252 82 32 the the DT 29252 82 33 calamity calamity NN 29252 82 34 of of IN 29252 82 35 war war NN 29252 82 36 . . . 29252 83 1 But but CC 29252 83 2 the the DT 29252 83 3 recently recently RB 29252 83 4 enacted enact VBN 29252 83 5 so so RB 29252 83 6 - - HYPH 29252 83 7 called call VBN 29252 83 8 excess excess JJ 29252 83 9 profit profit NN 29252 83 10 tax tax NN 29252 83 11 which which WDT 29252 83 12 it -PRON- PRP 29252 83 13 is be VBZ 29252 83 14 now now RB 29252 83 15 proposed propose VBN 29252 83 16 to to IN 29252 83 17 augment augment NN 29252 83 18 largely largely RB 29252 83 19 does do VBZ 29252 83 20 not not RB 29252 83 21 accomplish accomplish VB 29252 83 22 that that DT 29252 83 23 . . . 29252 84 1 It -PRON- PRP 29252 84 2 taxes tax VBZ 29252 84 3 not not RB 29252 84 4 merely merely RB 29252 84 5 the the DT 29252 84 6 exceptional exceptional JJ 29252 84 7 profit profit NN 29252 84 8 , , , 29252 84 9 _ _ NNP 29252 84 10 i.e. i.e. FW 29252 84 11 _ _ NNP 29252 84 12 , , , 29252 84 13 the the DT 29252 84 14 war war NN 29252 84 15 profit profit NN 29252 84 16 . . . 29252 85 1 It -PRON- PRP 29252 85 2 lays lay VBZ 29252 85 3 a a DT 29252 85 4 burden burden NN 29252 85 5 not not RB 29252 85 6 on on IN 29252 85 7 business business NN 29252 85 8 due due IN 29252 85 9 to to IN 29252 85 10 war war NN 29252 85 11 , , , 29252 85 12 but but CC 29252 85 13 on on IN 29252 85 14 all all DT 29252 85 15 business business NN 29252 85 16 . . . 29252 86 1 It -PRON- PRP 29252 86 2 does do VBZ 29252 86 3 this this DT 29252 86 4 at at IN 29252 86 5 a a DT 29252 86 6 time time NN 29252 86 7 when when WRB 29252 86 8 it -PRON- PRP 29252 86 9 is be VBZ 29252 86 10 more more JJR 29252 86 11 than than IN 29252 86 12 ever ever RB 29252 86 13 necessary necessary JJ 29252 86 14 that that IN 29252 86 15 energy energy NN 29252 86 16 , , , 29252 86 17 enterprise enterprise NN 29252 86 18 , , , 29252 86 19 efficiency efficiency NN 29252 86 20 , , , 29252 86 21 the the DT 29252 86 22 commercial commercial JJ 29252 86 23 and and CC 29252 86 24 financial financial JJ 29252 86 25 brain brain NN 29252 86 26 and and CC 29252 86 27 work work NN 29252 86 28 - - HYPH 29252 86 29 power power NN 29252 86 30 of of IN 29252 86 31 the the DT 29252 86 32 nation nation NN 29252 86 33 , , , 29252 86 34 be be VB 29252 86 35 stimulated stimulate VBN 29252 86 36 to to IN 29252 86 37 their -PRON- PRP$ 29252 86 38 utmost utmost JJ 29252 86 39 in in IN 29252 86 40 order order NN 29252 86 41 to to TO 29252 86 42 make make VB 29252 86 43 good good JJ 29252 86 44 , , , 29252 86 45 as as RB 29252 86 46 far far RB 29252 86 47 as as IN 29252 86 48 possible possible JJ 29252 86 49 , , , 29252 86 50 the the DT 29252 86 51 waste waste NN 29252 86 52 and and CC 29252 86 53 destruction destruction NN 29252 86 54 which which WDT 29252 86 55 go go VBP 29252 86 56 with with IN 29252 86 57 war war NN 29252 86 58 . . . 29252 87 1 Any any DT 29252 87 2 scheme scheme NN 29252 87 3 of of IN 29252 87 4 taxation taxation NN 29252 87 5 which which WDT 29252 87 6 imposes impose VBZ 29252 87 7 an an DT 29252 87 8 unnecessary unnecessary JJ 29252 87 9 burden burden NN 29252 87 10 upon upon IN 29252 87 11 commercial commercial JJ 29252 87 12 enterprise enterprise NN 29252 87 13 and and CC 29252 87 14 thereby thereby RB 29252 87 15 handicaps handicap NNS 29252 87 16 the the DT 29252 87 17 nation nation NN 29252 87 18 in in IN 29252 87 19 its -PRON- PRP$ 29252 87 20 business business NN 29252 87 21 activities activity NNS 29252 87 22 -- -- : 29252 87 23 especially especially RB 29252 87 24 in in IN 29252 87 25 world world NN 29252 87 26 competition competition NN 29252 87 27 with with IN 29252 87 28 other other JJ 29252 87 29 nations nation NNS 29252 87 30 -- -- : 29252 87 31 is be VBZ 29252 87 32 unsound unsound JJ 29252 87 33 and and CC 29252 87 34 bound bind VBN 29252 87 35 to to TO 29252 87 36 be be VB 29252 87 37 gravely gravely RB 29252 87 38 detrimental detrimental JJ 29252 87 39 , , , 29252 87 40 both both CC 29252 87 41 to to IN 29252 87 42 the the DT 29252 87 43 business business NN 29252 87 44 men man NNS 29252 87 45 and and CC 29252 87 46 still still RB 29252 87 47 more more JJR 29252 87 48 to to IN 29252 87 49 the the DT 29252 87 50 wage wage NN 29252 87 51 - - HYPH 29252 87 52 worker worker NN 29252 87 53 ; ; : 29252 87 54 in in IN 29252 87 55 fact fact NN 29252 87 56 , , , 29252 87 57 to to IN 29252 87 58 every every DT 29252 87 59 element element NN 29252 87 60 of of IN 29252 87 61 the the DT 29252 87 62 population population NN 29252 87 63 . . . 29252 88 1 It -PRON- PRP 29252 88 2 is be VBZ 29252 88 3 worth worth JJ 29252 88 4 noting note VBG 29252 88 5 that that IN 29252 88 6 England England NNP 29252 88 7 , , , 29252 88 8 the the DT 29252 88 9 conduct conduct NN 29252 88 10 of of IN 29252 88 11 whose whose WP$ 29252 88 12 finances finance NNS 29252 88 13 , , , 29252 88 14 based base VBN 29252 88 15 upon upon IN 29252 88 16 the the DT 29252 88 17 experience experience NN 29252 88 18 of of IN 29252 88 19 many many JJ 29252 88 20 generations generation NNS 29252 88 21 as as IN 29252 88 22 the the DT 29252 88 23 leading lead VBG 29252 88 24 financial financial JJ 29252 88 25 power power NN 29252 88 26 , , , 29252 88 27 has have VBZ 29252 88 28 always always RB 29252 88 29 been be VBN 29252 88 30 a a DT 29252 88 31 model model NN 29252 88 32 for for IN 29252 88 33 other other JJ 29252 88 34 nations nation NNS 29252 88 35 to to TO 29252 88 36 follow follow VB 29252 88 37 , , , 29252 88 38 has have VBZ 29252 88 39 imposed impose VBN 29252 88 40 an an DT 29252 88 41 excess excess JJ 29252 88 42 profit profit NN 29252 88 43 tax tax NN 29252 88 44 on on IN 29252 88 45 business business NN 29252 88 46 during during IN 29252 88 47 the the DT 29252 88 48 war war NN 29252 88 49 _ _ NNP 29252 88 50 merely merely RB 29252 88 51 _ _ NNP 29252 88 52 to to IN 29252 88 53 the the DT 29252 88 54 extent extent NN 29252 88 55 that that IN 29252 88 56 such such JJ 29252 88 57 profits profit NNS 29252 88 58 are be VBP 29252 88 59 attributable attributable JJ 29252 88 60 to to IN 29252 88 61 the the DT 29252 88 62 war war NN 29252 88 63 , , , 29252 88 64 _ _ NNP 29252 88 65 i.e. i.e. FW 29252 88 66 _ _ NNP 29252 88 67 , , , 29252 88 68 to to IN 29252 88 69 the the DT 29252 88 70 extent extent NN 29252 88 71 that that IN 29252 88 72 they -PRON- PRP 29252 88 73 exceed exceed VBP 29252 88 74 the the DT 29252 88 75 profits profit NNS 29252 88 76 of of IN 29252 88 77 normal normal JJ 29252 88 78 years year NNS 29252 88 79 . . . 29252 89 1 In in IN 29252 89 2 principle principle NN 29252 89 3 , , , 29252 89 4 direct direct JJ 29252 89 5 taxation taxation NN 29252 89 6 of of IN 29252 89 7 business business NN 29252 89 8 activities activity NNS 29252 89 9 should should MD 29252 89 10 be be VB 29252 89 11 avoided avoid VBN 29252 89 12 as as RB 29252 89 13 much much RB 29252 89 14 as as IN 29252 89 15 possible possible JJ 29252 89 16 , , , 29252 89 17 apart apart RB 29252 89 18 from from IN 29252 89 19 a a DT 29252 89 20 _ _ NNP 29252 89 21 war war NN 29252 89 22 profit profit NN 29252 89 23 excess excess JJ 29252 89 24 _ _ NNP 29252 89 25 tax tax NN 29252 89 26 . . . 29252 90 1 Care care NN 29252 90 2 should should MD 29252 90 3 be be VB 29252 90 4 taken take VBN 29252 90 5 lest lest IN 29252 90 6 the the DT 29252 90 7 wealthy wealthy JJ 29252 90 8 man man NN 29252 90 9 least least RBS 29252 90 10 entitled entitle VBN 29252 90 11 to to IN 29252 90 12 preferential preferential JJ 29252 90 13 consideration consideration NN 29252 90 14 , , , 29252 90 15 _ _ NNP 29252 90 16 i.e. i.e. FW 29252 90 17 _ _ NNP 29252 90 18 , , , 29252 90 19 he -PRON- PRP 29252 90 20 who who WP 29252 90 21 neither neither CC 29252 90 22 works work VBZ 29252 90 23 nor nor CC 29252 90 24 takes take VBZ 29252 90 25 business business NN 29252 90 26 risks risk NNS 29252 90 27 or or CC 29252 90 28 business business NN 29252 90 29 responsibilities responsibility NNS 29252 90 30 , , , 29252 90 31 be be VB 29252 90 32 favored favor VBN 29252 90 33 as as IN 29252 90 34 against against IN 29252 90 35 the the DT 29252 90 36 man man NN 29252 90 37 who who WP 29252 90 38 puts put VBZ 29252 90 39 his -PRON- PRP$ 29252 90 40 brains brain NNS 29252 90 41 , , , 29252 90 42 his -PRON- PRP$ 29252 90 43 capacities capacity NNS 29252 90 44 and and CC 29252 90 45 his -PRON- PRP$ 29252 90 46 money money NN 29252 90 47 to to IN 29252 90 48 constructive constructive JJ 29252 90 49 use use NN 29252 90 50 in in IN 29252 90 51 active active JJ 29252 90 52 business business NN 29252 90 53 . . . 29252 91 1 The the DT 29252 91 2 idle idle JJ 29252 91 3 man man NN 29252 91 4 possessing possess VBG 29252 91 5 capital capital NN 29252 91 6 , , , 29252 91 7 much much JJ 29252 91 8 or or CC 29252 91 9 little little JJ 29252 91 10 , , , 29252 91 11 if if IN 29252 91 12 he -PRON- PRP 29252 91 13 is be VBZ 29252 91 14 so so RB 29252 91 15 constituted constituted JJ 29252 91 16 that that IN 29252 91 17 his -PRON- PRP$ 29252 91 18 conscience conscience NN 29252 91 19 permits permit VBZ 29252 91 20 him -PRON- PRP 29252 91 21 to to TO 29252 91 22 evade evade VB 29252 91 23 his -PRON- PRP$ 29252 91 24 share share NN 29252 91 25 of of IN 29252 91 26 monetary monetary JJ 29252 91 27 sacrifice sacrifice NN 29252 91 28 , , , 29252 91 29 can can MD 29252 91 30 put put VB 29252 91 31 his -PRON- PRP$ 29252 91 32 money money NN 29252 91 33 into into IN 29252 91 34 tax tax NN 29252 91 35 - - HYPH 29252 91 36 exempt exempt JJ 29252 91 37 securities security NNS 29252 91 38 . . . 29252 92 1 The the DT 29252 92 2 man man NN 29252 92 3 of of IN 29252 92 4 means mean NNS 29252 92 5 who who WP 29252 92 6 toils toil VBZ 29252 92 7 in in IN 29252 92 8 business business NN 29252 92 9 or or CC 29252 92 10 a a DT 29252 92 11 profession profession NN 29252 92 12 must must MD 29252 92 13 pay pay VB 29252 92 14 a a DT 29252 92 15 heavy heavy JJ 29252 92 16 income income NN 29252 92 17 tax tax NN 29252 92 18 , , , 29252 92 19 an an DT 29252 92 20 excess excess JJ 29252 92 21 profit profit NN 29252 92 22 tax tax NN 29252 92 23 , , , 29252 92 24 etc etc FW 29252 92 25 . . . 29252 93 1 To to IN 29252 93 2 an an DT 29252 93 3 extent extent NN 29252 93 4 this this DT 29252 93 5 undesirable undesirable JJ 29252 93 6 differentiation differentiation NN 29252 93 7 is be VBZ 29252 93 8 probably probably RB 29252 93 9 unavoidable unavoidable JJ 29252 93 10 , , , 29252 93 11 but but CC 29252 93 12 it -PRON- PRP 29252 93 13 is be VBZ 29252 93 14 neither neither CC 29252 93 15 fair fair JJ 29252 93 16 nor nor CC 29252 93 17 in in IN 29252 93 18 the the DT 29252 93 19 interest interest NN 29252 93 20 of of IN 29252 93 21 the the DT 29252 93 22 community community NN 29252 93 23 that that WDT 29252 93 24 it -PRON- PRP 29252 93 25 be be VB 29252 93 26 accentuated accentuate VBN 29252 93 27 . . . 29252 94 1 V V NNP 29252 94 2 It -PRON- PRP 29252 94 3 seems seem VBZ 29252 94 4 to to IN 29252 94 5 me -PRON- PRP 29252 94 6 so so RB 29252 94 7 manifest manifest VB 29252 94 8 as as IN 29252 94 9 to to TO 29252 94 10 hardly hardly RB 29252 94 11 require require VB 29252 94 12 argument argument NN 29252 94 13 that that IN 29252 94 14 a a DT 29252 94 15 retroactive retroactive JJ 29252 94 16 income income NN 29252 94 17 tax tax NN 29252 94 18 , , , 29252 94 19 such such JJ 29252 94 20 as as IN 29252 94 21 has have VBZ 29252 94 22 been be VBN 29252 94 23 suggested suggest VBN 29252 94 24 , , , 29252 94 25 is be VBZ 29252 94 26 wrong wrong JJ 29252 94 27 both both CC 29252 94 28 in in IN 29252 94 29 morals moral NNS 29252 94 30 and and CC 29252 94 31 in in IN 29252 94 32 economics economic NNS 29252 94 33 . . . 29252 95 1 If if IN 29252 95 2 the the DT 29252 95 3 foregoing foregoing NN 29252 95 4 reasoning reasoning NN 29252 95 5 is be VBZ 29252 95 6 correct correct JJ 29252 95 7 , , , 29252 95 8 these these DT 29252 95 9 conclusions conclusion NNS 29252 95 10 would would MD 29252 95 11 seem seem VB 29252 95 12 to to TO 29252 95 13 follow follow VB 29252 95 14 : : : 29252 95 15 1 1 CD 29252 95 16 . . . 29252 96 1 There there EX 29252 96 2 ought ought MD 29252 96 3 to to TO 29252 96 4 be be VB 29252 96 5 a a DT 29252 96 6 substantial substantial JJ 29252 96 7 and and CC 29252 96 8 progressive progressive JJ 29252 96 9 increase increase NN 29252 96 10 in in IN 29252 96 11 the the DT 29252 96 12 rate rate NN 29252 96 13 of of IN 29252 96 14 income income NN 29252 96 15 taxation taxation NN 29252 96 16 during during IN 29252 96 17 the the DT 29252 96 18 war war NN 29252 96 19 , , , 29252 96 20 together together RB 29252 96 21 probably probably RB 29252 96 22 with with IN 29252 96 23 a a DT 29252 96 24 lowering lowering NN 29252 96 25 of of IN 29252 96 26 the the DT 29252 96 27 existing exist VBG 29252 96 28 limit limit NN 29252 96 29 of of IN 29252 96 30 income income NN 29252 96 31 tax tax NN 29252 96 32 exemption exemption NN 29252 96 33 . . . 29252 97 1 I -PRON- PRP 29252 97 2 believe believe VBP 29252 97 3 that that IN 29252 97 4 in in IN 29252 97 5 practice practice NN 29252 97 6 the the DT 29252 97 7 best good JJS 29252 97 8 result result NN 29252 97 9 would would MD 29252 97 10 be be VB 29252 97 11 obtained obtain VBN 29252 97 12 if if IN 29252 97 13 the the DT 29252 97 14 rates rate NNS 29252 97 15 of of IN 29252 97 16 taxation taxation NN 29252 97 17 were be VBD 29252 97 18 not not RB 29252 97 19 to to TO 29252 97 20 exceed exceed VB 29252 97 21 a a DT 29252 97 22 scale scale NN 29252 97 23 producing produce VBG 29252 97 24 from from IN 29252 97 25 maximum maximum JJ 29252 97 26 incomes income NNS 29252 97 27 an an DT 29252 97 28 average average JJ 29252 97 29 tax tax NN 29252 97 30 of of IN 29252 97 31 33 33 CD 29252 97 32 - - SYM 29252 97 33 1/3 1/3 CD 29252 97 34 per per NN 29252 97 35 cent cent NN 29252 97 36 . . . 29252 97 37 , , , 29252 97 38 at at IN 29252 97 39 any any DT 29252 97 40 rate rate NN 29252 97 41 for for IN 29252 97 42 the the DT 29252 97 43 first first JJ 29252 97 44 year year NN 29252 97 45 of of IN 29252 97 46 the the DT 29252 97 47 war war NN 29252 97 48 . . . 29252 98 1 A a DT 29252 98 2 materially materially RB 29252 98 3 higher high JJR 29252 98 4 rate rate NN 29252 98 5 would would MD 29252 98 6 not not RB 29252 98 7 , , , 29252 98 8 in in IN 29252 98 9 my -PRON- PRP$ 29252 98 10 opinion opinion NN 29252 98 11 , , , 29252 98 12 yield yield VB 29252 98 13 a a DT 29252 98 14 substantially substantially RB 29252 98 15 higher high JJR 29252 98 16 aggregate aggregate NN 29252 98 17 of of IN 29252 98 18 revenue revenue NN 29252 98 19 to to IN 29252 98 20 the the DT 29252 98 21 Government Government NNP 29252 98 22 ( ( -LRB- 29252 98 23 if if IN 29252 98 24 as as RB 29252 98 25 high high JJ 29252 98 26 an an DT 29252 98 27 aggregate aggregate NN 29252 98 28 ) ) -RRB- 29252 98 29 , , , 29252 98 30 while while IN 29252 98 31 at at IN 29252 98 32 the the DT 29252 98 33 same same JJ 29252 98 34 time time NN 29252 98 35 , , , 29252 98 36 if if IN 29252 98 37 only only RB 29252 98 38 for for IN 29252 98 39 sentimental sentimental JJ 29252 98 40 reasons reason NNS 29252 98 41 , , , 29252 98 42 and and CC 29252 98 43 even even RB 29252 98 44 though though IN 29252 98 45 only only RB 29252 98 46 applied apply VBN 29252 98 47 to to IN 29252 98 48 very very RB 29252 98 49 large large JJ 29252 98 50 incomes income NNS 29252 98 51 , , , 29252 98 52 it -PRON- PRP 29252 98 53 would would MD 29252 98 54 be be VB 29252 98 55 apt apt JJ 29252 98 56 to to TO 29252 98 57 cause cause VB 29252 98 58 financial financial JJ 29252 98 59 dislocation dislocation NN 29252 98 60 and and CC 29252 98 61 retard retard VB 29252 98 62 business business NN 29252 98 63 activity activity NN 29252 98 64 and and CC 29252 98 65 enterprise enterprise NN 29252 98 66 . . . 29252 99 1 It -PRON- PRP 29252 99 2 would would MD 29252 99 3 seem seem VB 29252 99 4 advisable advisable JJ 29252 99 5 that that IN 29252 99 6 such such JJ 29252 99 7 portion portion NN 29252 99 8 of of IN 29252 99 9 a a DT 29252 99 10 person person NN 29252 99 11 's 's POS 29252 99 12 income income NN 29252 99 13 as as IN 29252 99 14 is be VBZ 29252 99 15 devoted devote VBN 29252 99 16 to to IN 29252 99 17 charitable charitable JJ 29252 99 18 and and CC 29252 99 19 kindred kindred JJ 29252 99 20 purposes purpose NNS 29252 99 21 should should MD 29252 99 22 be be VB 29252 99 23 , , , 29252 99 24 if if IN 29252 99 25 not not RB 29252 99 26 entirely entirely RB 29252 99 27 free free JJ 29252 99 28 from from IN 29252 99 29 income income NN 29252 99 30 tax tax NN 29252 99 31 , , , 29252 99 32 at at IN 29252 99 33 least least JJS 29252 99 34 subject subject JJ 29252 99 35 to to IN 29252 99 36 a a DT 29252 99 37 reduced reduce VBN 29252 99 38 tax tax NN 29252 99 39 only only RB 29252 99 40 , , , 29252 99 41 so so IN 29252 99 42 as as IN 29252 99 43 to to TO 29252 99 44 counteract counteract VB 29252 99 45 the the DT 29252 99 46 tendency tendency NN 29252 99 47 which which WDT 29252 99 48 experience experience NN 29252 99 49 has have VBZ 29252 99 50 shown show VBN 29252 99 51 to to TO 29252 99 52 follow follow VB 29252 99 53 in in IN 29252 99 54 the the DT 29252 99 55 wake wake NN 29252 99 56 of of IN 29252 99 57 heavy heavy JJ 29252 99 58 taxation taxation NN 29252 99 59 , , , 29252 99 60 of of IN 29252 99 61 greatly greatly RB 29252 99 62 diminishing diminish VBG 29252 99 63 charitable charitable JJ 29252 99 64 contributions contribution NNS 29252 99 65 . . . 29252 100 1 2 2 LS 29252 100 2 . . . 29252 101 1 There there EX 29252 101 2 _ _ NNP 29252 101 3 ought ought MD 29252 101 4 to to TO 29252 101 5 be be VB 29252 101 6 an an DT 29252 101 7 excess excess JJ 29252 101 8 profit profit NN 29252 101 9 tax tax NN 29252 101 10 which which WDT 29252 101 11 might may MD 29252 101 12 well well RB 29252 101 13 be be VB 29252 101 14 at at IN 29252 101 15 a a DT 29252 101 16 considerably considerably RB 29252 101 17 higher high JJR 29252 101 18 rate rate NN 29252 101 19 than than IN 29252 101 20 the the DT 29252 101 21 present present JJ 29252 101 22 8 8 CD 29252 101 23 per per NN 29252 101 24 cent cent NN 29252 101 25 . . . 29252 101 26 , , , 29252 101 27 or or CC 29252 101 28 even even RB 29252 101 29 the the DT 29252 101 30 proposed propose VBN 29252 101 31 16 16 CD 29252 101 32 per per NN 29252 101 33 cent cent NN 29252 101 34 . . . 29252 101 35 _ _ NNP 29252 101 36 , , , 29252 101 37 but but CC 29252 101 38 it -PRON- PRP 29252 101 39 should should MD 29252 101 40 only only RB 29252 101 41 be be VB 29252 101 42 applicable applicable JJ 29252 101 43 to to IN 29252 101 44 the the DT 29252 101 45 extent extent NN 29252 101 46 that that IN 29252 101 47 business business NN 29252 101 48 profits profit NNS 29252 101 49 exceed exceed VBP 29252 101 50 the the DT 29252 101 51 profits profit NNS 29252 101 52 of of IN 29252 101 53 say say VB 29252 101 54 a a DT 29252 101 55 certain certain JJ 29252 101 56 average average JJ 29252 101 57 period period NN 29252 101 58 before before IN 29252 101 59 the the DT 29252 101 60 war war NN 29252 101 61 and and CC 29252 101 62 thus thus RB 29252 101 63 may may MD 29252 101 64 justly justly RB 29252 101 65 be be VB 29252 101 66 held hold VBN 29252 101 67 to to TO 29252 101 68 be be VB 29252 101 69 attributable attributable JJ 29252 101 70 to to IN 29252 101 71 war war NN 29252 101 72 conditions condition NNS 29252 101 73 . . . 29252 102 1 In in IN 29252 102 2 determining determine VBG 29252 102 3 the the DT 29252 102 4 basis basis NN 29252 102 5 for for IN 29252 102 6 calculating calculate VBG 29252 102 7 excess excess JJ 29252 102 8 profits profit NNS 29252 102 9 , , , 29252 102 10 an an DT 29252 102 11 offset offset NN 29252 102 12 which which WDT 29252 102 13 might may MD 29252 102 14 be be VB 29252 102 15 fixed fix VBN 29252 102 16 at at TO 29252 102 17 say say VB 29252 102 18 10 10 CD 29252 102 19 per per NN 29252 102 20 cent cent NN 29252 102 21 . . . 29252 103 1 per per IN 29252 103 2 annum annum FW 29252 103 3 , , , 29252 103 4 due due JJ 29252 103 5 consideration consideration NN 29252 103 6 being be VBG 29252 103 7 given give VBN 29252 103 8 to to IN 29252 103 9 the the DT 29252 103 10 question question NN 29252 103 11 of of IN 29252 103 12 depreciation depreciation NN 29252 103 13 and and CC 29252 103 14 to to IN 29252 103 15 special special JJ 29252 103 16 circumstances circumstance NNS 29252 103 17 , , , 29252 103 18 ought ought MD 29252 103 19 to to TO 29252 103 20 be be VB 29252 103 21 allowed allow VBN 29252 103 22 on on IN 29252 103 23 all all DT 29252 103 24 new new JJ 29252 103 25 capital capital NN 29252 103 26 invested invest VBN 29252 103 27 in in IN 29252 103 28 business business NN 29252 103 29 since since IN 29252 103 30 the the DT 29252 103 31 beginning beginning NN 29252 103 32 of of IN 29252 103 33 the the DT 29252 103 34 war war NN 29252 103 35 . . . 29252 104 1 I -PRON- PRP 29252 104 2 think think VBP 29252 104 3 for for IN 29252 104 4 the the DT 29252 104 5 purpose purpose NN 29252 104 6 of of IN 29252 104 7 figuring figure VBG 29252 104 8 the the DT 29252 104 9 excess excess JJ 29252 104 10 profit profit NN 29252 104 11 tax tax NN 29252 104 12 the the DT 29252 104 13 five five CD 29252 104 14 , , , 29252 104 15 four four CD 29252 104 16 or or CC 29252 104 17 three three CD 29252 104 18 years year NNS 29252 104 19 _ _ NNP 29252 104 20 before before IN 29252 104 21 America America NNP 29252 104 22 's 's POS 29252 104 23 entrance entrance NN 29252 104 24 into into IN 29252 104 25 the the DT 29252 104 26 war war NN 29252 104 27 _ _ NNP 29252 104 28 would would MD 29252 104 29 probably probably RB 29252 104 30 form form VB 29252 104 31 the the DT 29252 104 32 most most RBS 29252 104 33 appropriate appropriate JJ 29252 104 34 basis basis NN 29252 104 35 . . . 29252 105 1 The the DT 29252 105 2 aggregate aggregate JJ 29252 105 3 industrial industrial JJ 29252 105 4 plant plant NN 29252 105 5 of of IN 29252 105 6 this this DT 29252 105 7 country country NN 29252 105 8 , , , 29252 105 9 the the DT 29252 105 10 entire entire JJ 29252 105 11 scale scale NN 29252 105 12 and and CC 29252 105 13 scope scope NN 29252 105 14 of of IN 29252 105 15 our -PRON- PRP$ 29252 105 16 commerce commerce NN 29252 105 17 and and CC 29252 105 18 its -PRON- PRP$ 29252 105 19 concomitants concomitant NNS 29252 105 20 , , , 29252 105 21 have have VBP 29252 105 22 been be VBN 29252 105 23 so so RB 29252 105 24 completely completely RB 29252 105 25 modified modify VBN 29252 105 26 in in IN 29252 105 27 the the DT 29252 105 28 course course NN 29252 105 29 of of IN 29252 105 30 the the DT 29252 105 31 European european JJ 29252 105 32 war war NN 29252 105 33 that that WDT 29252 105 34 a a DT 29252 105 35 comparison comparison NN 29252 105 36 which which WDT 29252 105 37 leaves leave VBZ 29252 105 38 out out IN 29252 105 39 of of IN 29252 105 40 account account NN 29252 105 41 the the DT 29252 105 42 years year NNS 29252 105 43 1915 1915 CD 29252 105 44 and and CC 29252 105 45 1916 1916 CD 29252 105 46 does do VBZ 29252 105 47 not not RB 29252 105 48 seem seem VB 29252 105 49 to to IN 29252 105 50 me -PRON- PRP 29252 105 51 to to TO 29252 105 52 fit fit VB 29252 105 53 the the DT 29252 105 54 case case NN 29252 105 55 . . . 29252 106 1 I -PRON- PRP 29252 106 2 believe believe VBP 29252 106 3 , , , 29252 106 4 both both CC 29252 106 5 from from IN 29252 106 6 the the DT 29252 106 7 point point NN 29252 106 8 of of IN 29252 106 9 view view NN 29252 106 10 of of IN 29252 106 11 economics economic NNS 29252 106 12 and and CC 29252 106 13 of of IN 29252 106 14 public public JJ 29252 106 15 opinion opinion NN 29252 106 16 , , , 29252 106 17 a a DT 29252 106 18 tax tax NN 29252 106 19 of of IN 29252 106 20 say say VBP 29252 106 21 32 32 CD 29252 106 22 per per NN 29252 106 23 cent cent NN 29252 106 24 . . . 29252 107 1 or or CC 29252 107 2 even even RB 29252 107 3 40 40 CD 29252 107 4 per per NN 29252 107 5 cent cent NN 29252 107 6 . . . 29252 107 7 , , , 29252 107 8 or or CC 29252 107 9 eventually eventually RB 29252 107 10 , , , 29252 107 11 if if IN 29252 107 12 needed need VBN 29252 107 13 , , , 29252 107 14 a a DT 29252 107 15 still still RB 29252 107 16 higher high JJR 29252 107 17 percentage percentage NN 29252 107 18 , , , 29252 107 19 calculated calculate VBN 29252 107 20 on on IN 29252 107 21 a a DT 29252 107 22 reasonably reasonably RB 29252 107 23 high high JJ 29252 107 24 average average NN 29252 107 25 of of IN 29252 107 26 earnings earning NNS 29252 107 27 ( ( -LRB- 29252 107 28 that that RB 29252 107 29 is is RB 29252 107 30 , , , 29252 107 31 an an DT 29252 107 32 average average NN 29252 107 33 including include VBG 29252 107 34 1916 1916 CD 29252 107 35 ) ) -RRB- 29252 107 36 is be VBZ 29252 107 37 preferable preferable JJ 29252 107 38 to to IN 29252 107 39 a a DT 29252 107 40 tax tax NN 29252 107 41 of of IN 29252 107 42 16 16 CD 29252 107 43 per per NN 29252 107 44 cent cent NN 29252 107 45 . . . 29252 108 1 or or CC 29252 108 2 20 20 CD 29252 108 3 per per NN 29252 108 4 cent cent NN 29252 108 5 . . . 29252 109 1 on on IN 29252 109 2 an an DT 29252 109 3 inordinately inordinately JJ 29252 109 4 low low JJ 29252 109 5 average average NN 29252 109 6 . . . 29252 110 1 I -PRON- PRP 29252 110 2 believe believe VBP 29252 110 3 that that IN 29252 110 4 as as IN 29252 110 5 between between IN 29252 110 6 the the DT 29252 110 7 proposed propose VBN 29252 110 8 16 16 CD 29252 110 9 per per IN 29252 110 10 cent cent NN 29252 110 11 . . . 29252 111 1 profit profit NN 29252 111 2 tax tax NNP 29252 111 3 and and CC 29252 111 4 an an DT 29252 111 5 _ _ NNP 29252 111 6 excess excess JJ 29252 111 7 _ _ NNP 29252 111 8 profit profit NN 29252 111 9 tax tax NN 29252 111 10 on on IN 29252 111 11 the the DT 29252 111 12 British british JJ 29252 111 13 model model NN 29252 111 14 , , , 29252 111 15 at at IN 29252 111 16 the the DT 29252 111 17 rate rate NN 29252 111 18 of of IN 29252 111 19 say say VBP 29252 111 20 twice twice PDT 29252 111 21 that that DT 29252 111 22 figure figure NN 29252 111 23 -- -- : 29252 111 24 to to TO 29252 111 25 begin begin VB 29252 111 26 with with IN 29252 111 27 -- -- : 29252 111 28 the the DT 29252 111 29 general general JJ 29252 111 30 consensus consensus NN 29252 111 31 of of IN 29252 111 32 opinion opinion NN 29252 111 33 would would MD 29252 111 34 consider consider VB 29252 111 35 the the DT 29252 111 36 latter latter JJ 29252 111 37 as as RB 29252 111 38 much much JJ 29252 111 39 the the DT 29252 111 40 fairer fair JJR 29252 111 41 , , , 29252 111 42 much much RB 29252 111 43 the the DT 29252 111 44 less less RBR 29252 111 45 cumbersome cumbersome JJ 29252 111 46 to to TO 29252 111 47 handle handle VB 29252 111 48 and and CC 29252 111 49 collect collect VB 29252 111 50 , , , 29252 111 51 and and CC 29252 111 52 much much RB 29252 111 53 the the DT 29252 111 54 less less RBR 29252 111 55 hampering hampering NN 29252 111 56 upon upon IN 29252 111 57 business business NN 29252 111 58 activities activity NNS 29252 111 59 . . . 29252 112 1 Yet yet RB 29252 112 2 , , , 29252 112 3 statistics statistic NNS 29252 112 4 seem seem VBP 29252 112 5 to to TO 29252 112 6 show show VB 29252 112 7 that that IN 29252 112 8 such such PDT 29252 112 9 an an DT 29252 112 10 _ _ NNP 29252 112 11 excess excess JJ 29252 112 12 _ _ NNP 29252 112 13 profit profit NN 29252 112 14 tax tax NN 29252 112 15 would would MD 29252 112 16 bring bring VB 29252 112 17 in in RP 29252 112 18 a a DT 29252 112 19 far far RB 29252 112 20 larger large JJR 29252 112 21 return return NN 29252 112 22 than than IN 29252 112 23 the the DT 29252 112 24 proposed propose VBN 29252 112 25 16 16 CD 29252 112 26 per per IN 29252 112 27 cent cent NN 29252 112 28 . . . 29252 113 1 profit profit NN 29252 113 2 tax tax NN 29252 113 3 . . . 29252 114 1 From from IN 29252 114 2 figures figure NNS 29252 114 3 which which WDT 29252 114 4 were be VBD 29252 114 5 shown show VBN 29252 114 6 to to IN 29252 114 7 me -PRON- PRP 29252 114 8 it -PRON- PRP 29252 114 9 would would MD 29252 114 10 appear appear VB 29252 114 11 that that IN 29252 114 12 a a DT 29252 114 13 40 40 CD 29252 114 14 per per NN 29252 114 15 cent cent NN 29252 114 16 . . . 29252 115 1 tax tax NN 29252 115 2 on on IN 29252 115 3 excess excess JJ 29252 115 4 profits profit NNS 29252 115 5 over over RB 29252 115 6 and and CC 29252 115 7 above above IN 29252 115 8 the the DT 29252 115 9 average average JJ 29252 115 10 earnings earning NNS 29252 115 11 for for IN 29252 115 12 the the DT 29252 115 13 past past JJ 29252 115 14 three three CD 29252 115 15 years year NNS 29252 115 16 would would MD 29252 115 17 yield yield VB 29252 115 18 for for IN 29252 115 19 the the DT 29252 115 20 present present JJ 29252 115 21 year year NN 29252 115 22 the the DT 29252 115 23 amazing amazing JJ 29252 115 24 total total NN 29252 115 25 of of IN 29252 115 26 at at RB 29252 115 27 least least RBS 29252 115 28 $ $ $ 29252 115 29 800,000,000 800,000,000 CD 29252 115 30 ( ( -LRB- 29252 115 31 in in IN 29252 115 32 addition addition NN 29252 115 33 to to IN 29252 115 34 the the DT 29252 115 35 yield yield NN 29252 115 36 from from IN 29252 115 37 the the DT 29252 115 38 corporate corporate JJ 29252 115 39 income income NN 29252 115 40 tax tax NN 29252 115 41 taken take VBN 29252 115 42 at at IN 29252 115 43 the the DT 29252 115 44 rate rate NN 29252 115 45 of of IN 29252 115 46 4 4 CD 29252 115 47 per per NN 29252 115 48 cent cent NN 29252 115 49 . . . 29252 115 50 ) ) -RRB- 29252 115 51 . . . 29252 116 1 These these DT 29252 116 2 figures figure NNS 29252 116 3 are be VBP 29252 116 4 based base VBN 29252 116 5 on on IN 29252 116 6 the the DT 29252 116 7 assumption assumption NN 29252 116 8 that that IN 29252 116 9 the the DT 29252 116 10 aggregate aggregate JJ 29252 116 11 profits profit NNS 29252 116 12 for for IN 29252 116 13 1917 1917 CD 29252 116 14 will will MD 29252 116 15 approximately approximately RB 29252 116 16 equal equal VB 29252 116 17 those those DT 29252 116 18 of of IN 29252 116 19 1916 1916 CD 29252 116 20 - - : 29252 116 21 -a -a VBP 29252 116 22 not not RB 29252 116 23 unreasonable unreasonable JJ 29252 116 24 assumption assumption NN 29252 116 25 provided provide VBN 29252 116 26 always always RB 29252 116 27 that that IN 29252 116 28 unscientific unscientific JJ 29252 116 29 taxation taxation NN 29252 116 30 or or CC 29252 116 31 other other JJ 29252 116 32 unwise unwise JJ 29252 116 33 measures measure NNS 29252 116 34 do do VBP 29252 116 35 not not RB 29252 116 36 destroy destroy VB 29252 116 37 prosperity prosperity NN 29252 116 38 . . . 29252 117 1 ( ( -LRB- 29252 117 2 As as IN 29252 117 3 a a DT 29252 117 4 matter matter NN 29252 117 5 of of IN 29252 117 6 fact fact NN 29252 117 7 , , , 29252 117 8 the the DT 29252 117 9 profits profit NNS 29252 117 10 for for IN 29252 117 11 the the DT 29252 117 12 first first JJ 29252 117 13 half half NN 29252 117 14 of of IN 29252 117 15 1917 1917 CD 29252 117 16 are be VBP 29252 117 17 likely likely JJ 29252 117 18 to to TO 29252 117 19 exceed exceed VB 29252 117 20 those those DT 29252 117 21 for for IN 29252 117 22 the the DT 29252 117 23 same same JJ 29252 117 24 period period NN 29252 117 25 of of IN 29252 117 26 1916 1916 CD 29252 117 27 . . . 29252 117 28 ) ) -RRB- 29252 118 1 The the DT 29252 118 2 three three CD 29252 118 3 - - HYPH 29252 118 4 year year NN 29252 118 5 average average NN 29252 118 6 was be VBD 29252 118 7 selected select VBN 29252 118 8 on on IN 29252 118 9 the the DT 29252 118 10 theory theory NN 29252 118 11 that that IN 29252 118 12 1914 1914 CD 29252 118 13 was be VBD 29252 118 14 an an DT 29252 118 15 exceedingly exceedingly RB 29252 118 16 poor poor JJ 29252 118 17 business business NN 29252 118 18 year year NN 29252 118 19 , , , 29252 118 20 1915 1915 CD 29252 118 21 was be VBD 29252 118 22 a a DT 29252 118 23 year year NN 29252 118 24 of of IN 29252 118 25 fair fair JJ 29252 118 26 prosperity prosperity NN 29252 118 27 and and CC 29252 118 28 in in IN 29252 118 29 1916 1916 CD 29252 118 30 the the DT 29252 118 31 full full JJ 29252 118 32 effect effect NN 29252 118 33 of of IN 29252 118 34 our -PRON- PRP$ 29252 118 35 stupendous stupendous JJ 29252 118 36 war war NN 29252 118 37 business business NN 29252 118 38 had have VBD 29252 118 39 come come VBN 29252 118 40 to to TO 29252 118 41 raise raise VB 29252 118 42 profits profit NNS 29252 118 43 to to IN 29252 118 44 an an DT 29252 118 45 exceedingly exceedingly RB 29252 118 46 high high JJ 29252 118 47 level level NN 29252 118 48 . . . 29252 119 1 3 3 LS 29252 119 2 . . . 29252 120 1 There there EX 29252 120 2 are be VBP 29252 120 3 very very RB 29252 120 4 numerous numerous JJ 29252 120 5 forms form NNS 29252 120 6 of of IN 29252 120 7 taxes taxis NNS 29252 120 8 , , , 29252 120 9 stamp stamp NN 29252 120 10 - - HYPH 29252 120 11 taxes taxis NNS 29252 120 12 , , , 29252 120 13 etc etc FW 29252 120 14 . . . 29252 121 1 ( ( -LRB- 29252 121 2 such such JJ 29252 121 3 as as IN 29252 121 4 , , , 29252 121 5 for for IN 29252 121 6 instance instance NN 29252 121 7 , , , 29252 121 8 a a DT 29252 121 9 2 2 CD 29252 121 10 cent cent NN 29252 121 11 tax tax NN 29252 121 12 on on IN 29252 121 13 checks check NNS 29252 121 14 ) ) -RRB- 29252 121 15 , , , 29252 121 16 which which WDT 29252 121 17 , , , 29252 121 18 whilst whilst IN 29252 121 19 they -PRON- PRP 29252 121 20 would would MD 29252 121 21 mainly mainly RB 29252 121 22 fall fall VB 29252 121 23 on on IN 29252 121 24 the the DT 29252 121 25 well well NN 29252 121 26 - - HYPH 29252 121 27 to to TO 29252 121 28 - - HYPH 29252 121 29 do do VB 29252 121 30 , , , 29252 121 31 would would MD 29252 121 32 be be VB 29252 121 33 in in IN 29252 121 34 no no DT 29252 121 35 way way NN 29252 121 36 burdensome burdensome JJ 29252 121 37 , , , 29252 121 38 and and CC 29252 121 39 would would MD 29252 121 40 produce produce VB 29252 121 41 a a DT 29252 121 42 very very RB 29252 121 43 large large JJ 29252 121 44 aggregate aggregate NN 29252 121 45 of of IN 29252 121 46 revenue revenue NN 29252 121 47 . . . 29252 122 1 What what WP 29252 122 2 seems seem VBZ 29252 122 3 to to IN 29252 122 4 me -PRON- PRP 29252 122 5 in in IN 29252 122 6 principle principle NN 29252 122 7 a a DT 29252 122 8 very very RB 29252 122 9 sensible sensible JJ 29252 122 10 tax tax NN 29252 122 11 , , , 29252 122 12 has have VBZ 29252 122 13 been be VBN 29252 122 14 suggested suggest VBN 29252 122 15 , , , 29252 122 16 namely namely RB 29252 122 17 , , , 29252 122 18 _ _ NNP 29252 122 19 a a DT 29252 122 20 tax tax NN 29252 122 21 on on IN 29252 122 22 purchases purchase NNS 29252 122 23 _ _ NNP 29252 122 24 ( ( -LRB- 29252 122 25 _ _ NNP 29252 122 26 i.e. i.e. FW 29252 122 27 _ _ NNP 29252 122 28 , , , 29252 122 29 each each DT 29252 122 30 single single JJ 29252 122 31 purchase purchase NN 29252 122 32 ) ) -RRB- 29252 122 33 of of IN 29252 122 34 all all DT 29252 122 35 kinds kind NNS 29252 122 36 of of IN 29252 122 37 merchandise merchandise NN 29252 122 38 ( ( -LRB- 29252 122 39 excepting except VBG 29252 122 40 foodstuffs foodstuff NNS 29252 122 41 , , , 29252 122 42 and and CC 29252 122 43 probably probably RB 29252 122 44 raw raw JJ 29252 122 45 material material NN 29252 122 46 ) ) -RRB- 29252 122 47 of of IN 29252 122 48 one one CD 29252 122 49 cent cent NN 29252 122 50 for for IN 29252 122 51 each each DT 29252 122 52 dollar dollar NN 29252 122 53 or or CC 29252 122 54 greater great JJR 29252 122 55 part part NN 29252 122 56 thereof thereof RB 29252 122 57 , , , 29252 122 58 exempting exempt VBG 29252 122 59 single single JJ 29252 122 60 purchases purchase NNS 29252 122 61 of of IN 29252 122 62 less less JJR 29252 122 63 than than IN 29252 122 64 say say VB 29252 122 65 five five CD 29252 122 66 dollars dollar NNS 29252 122 67 . . . 29252 123 1 This this DT 29252 123 2 tax tax NN 29252 123 3 , , , 29252 123 4 _ _ NNP 29252 123 5 which which WDT 29252 123 6 should should MD 29252 123 7 be be VB 29252 123 8 paid pay VBN 29252 123 9 by by IN 29252 123 10 the the DT 29252 123 11 purchaser purchaser NN 29252 123 12 _ _ NNP 29252 123 13 , , , 29252 123 14 would would MD 29252 123 15 produce produce VB 29252 123 16 a a DT 29252 123 17 very very RB 29252 123 18 large large JJ 29252 123 19 revenue revenue NN 29252 123 20 . . . 29252 124 1 It -PRON- PRP 29252 124 2 would would MD 29252 124 3 be be VB 29252 124 4 borne bear VBN 29252 124 5 mainly mainly RB 29252 124 6 by by IN 29252 124 7 the the DT 29252 124 8 well well NN 29252 124 9 - - HYPH 29252 124 10 to to TO 29252 124 11 - - HYPH 29252 124 12 do do VB 29252 124 13 , , , 29252 124 14 would would MD 29252 124 15 be be VB 29252 124 16 more more RBR 29252 124 17 widely widely RB 29252 124 18 distributed distribute VBN 29252 124 19 than than IN 29252 124 20 almost almost RB 29252 124 21 any any DT 29252 124 22 other other JJ 29252 124 23 form form NN 29252 124 24 of of IN 29252 124 25 taxation taxation NN 29252 124 26 and and CC 29252 124 27 would would MD 29252 124 28 be be VB 29252 124 29 felt feel VBN 29252 124 30 but but CC 29252 124 31 very very RB 29252 124 32 little little JJ 29252 124 33 . . . 29252 125 1 It -PRON- PRP 29252 125 2 would would MD 29252 125 3 be be VB 29252 125 4 easily easily RB 29252 125 5 and and CC 29252 125 6 cheaply cheaply RB 29252 125 7 collected collect VBN 29252 125 8 and and CC 29252 125 9 would would MD 29252 125 10 begin begin VB 29252 125 11 to to TO 29252 125 12 accrue accrue VB 29252 125 13 much much RB 29252 125 14 sooner soon RBR 29252 125 15 than than IN 29252 125 16 most most JJS 29252 125 17 other other JJ 29252 125 18 taxes taxis NNS 29252 125 19 . . . 29252 126 1 4 4 LS 29252 126 2 . . . 29252 127 1 I -PRON- PRP 29252 127 2 am be VBP 29252 127 3 not not RB 29252 127 4 convinced convinced JJ 29252 127 5 that that IN 29252 127 6 the the DT 29252 127 7 total total JJ 29252 127 8 amount amount NN 29252 127 9 which which WDT 29252 127 10 needs need VBZ 29252 127 11 to to TO 29252 127 12 be be VB 29252 127 13 spent spend VBN 29252 127 14 or or CC 29252 127 15 which which WDT 29252 127 16 as as IN 29252 127 17 a a DT 29252 127 18 matter matter NN 29252 127 19 of of IN 29252 127 20 fact fact NN 29252 127 21 can can MD 29252 127 22 be be VB 29252 127 23 spent spend VBN 29252 127 24 in in IN 29252 127 25 the the DT 29252 127 26 course course NN 29252 127 27 of of IN 29252 127 28 the the DT 29252 127 29 year year NN 29252 127 30 requires require VBZ 29252 127 31 so so RB 29252 127 32 huge huge JJ 29252 127 33 a a DT 29252 127 34 sum sum NN 29252 127 35 to to TO 29252 127 36 be be VB 29252 127 37 raised raise VBN 29252 127 38 by by IN 29252 127 39 taxation taxation NN 29252 127 40 as as IN 29252 127 41 our -PRON- PRP$ 29252 127 42 legislators legislator NNS 29252 127 43 appear appear VBP 29252 127 44 to to TO 29252 127 45 contemplate contemplate VB 29252 127 46 . . . 29252 128 1 The the DT 29252 128 2 policy policy NN 29252 128 3 of of IN 29252 128 4 raising raise VBG 29252 128 5 a a DT 29252 128 6 large large JJ 29252 128 7 portion portion NN 29252 128 8 of of IN 29252 128 9 war war NN 29252 128 10 expenditures expenditure NNS 29252 128 11 by by IN 29252 128 12 taxation taxation NN 29252 128 13 is be VBZ 29252 128 14 wise wise JJ 29252 128 15 and and CC 29252 128 16 sound sound JJ 29252 128 17 . . . 29252 129 1 But but CC 29252 129 2 to to TO 29252 129 3 be be VB 29252 129 4 iconoclastic iconoclastic JJ 29252 129 5 in in IN 29252 129 6 applying apply VBG 29252 129 7 that that DT 29252 129 8 policy policy NN 29252 129 9 , , , 29252 129 10 to to TO 29252 129 11 make make VB 29252 129 12 that that DT 29252 129 13 portion portion NN 29252 129 14 so so RB 29252 129 15 large large JJ 29252 129 16 as as IN 29252 129 17 to to TO 29252 129 18 chill chill VB 29252 129 19 the the DT 29252 129 20 spirit spirit NN 29252 129 21 and and CC 29252 129 22 lame lame VBD 29252 129 23 the the DT 29252 129 24 enterprise enterprise NN 29252 129 25 of of IN 29252 129 26 the the DT 29252 129 27 country country NN 29252 129 28 is be VBZ 29252 129 29 neither neither CC 29252 129 30 good good JJ 29252 129 31 politics politic NNS 29252 129 32 nor nor CC 29252 129 33 good good JJ 29252 129 34 economics economic NNS 29252 129 35 . . . 29252 130 1 The the DT 29252 130 2 present present NN 29252 130 3 has have VBZ 29252 130 4 its -PRON- PRP$ 29252 130 5 rights right NNS 29252 130 6 as as RB 29252 130 7 well well RB 29252 130 8 as as IN 29252 130 9 the the DT 29252 130 10 future future NN 29252 130 11 . . . 29252 131 1 Sacrifices sacrifice NNS 29252 131 2 should should MD 29252 131 3 be be VB 29252 131 4 reasonably reasonably RB 29252 131 5 averaged average VBN 29252 131 6 . . . 29252 132 1 An an DT 29252 132 2 annual annual JJ 29252 132 3 sinking sinking NN 29252 132 4 fund fund NN 29252 132 5 of of IN 29252 132 6 5 5 CD 29252 132 7 per per NN 29252 132 8 cent cent NN 29252 132 9 . . . 29252 133 1 would would MD 29252 133 2 extinguish extinguish VB 29252 133 3 the the DT 29252 133 4 war war NN 29252 133 5 debt debt NN 29252 133 6 in in IN 29252 133 7 fifteen fifteen CD 29252 133 8 years year NNS 29252 133 9 . . . 29252 134 1 5 5 CD 29252 134 2 . . . 29252 135 1 Democratic Democratic NNP 29252 135 2 England England NNP 29252 135 3 under under IN 29252 135 4 two two CD 29252 135 5 Prime Prime NNP 29252 135 6 Ministers Ministers NNP 29252 135 7 belonging belong VBG 29252 135 8 to to IN 29252 135 9 the the DT 29252 135 10 Liberal liberal JJ 29252 135 11 party party NN 29252 135 12 has have VBZ 29252 135 13 shown show VBN 29252 135 14 how how WRB 29252 135 15 huge huge JJ 29252 135 16 amounts amount NNS 29252 135 17 of of IN 29252 135 18 increased increase VBN 29252 135 19 revenue revenue NN 29252 135 20 -- -- : 29252 135 21 much much RB 29252 135 22 greater great JJR 29252 135 23 relatively relatively RB 29252 135 24 and and CC 29252 135 25 greater great JJR 29252 135 26 even even RB 29252 135 27 absolutely absolutely RB 29252 135 28 than than IN 29252 135 29 are be VBP 29252 135 30 required require VBN 29252 135 31 in in IN 29252 135 32 this this DT 29252 135 33 country country NN 29252 135 34 during during IN 29252 135 35 the the DT 29252 135 36 first first JJ 29252 135 37 year year NN 29252 135 38 of of IN 29252 135 39 the the DT 29252 135 40 war war NN 29252 135 41 -- -- : 29252 135 42 can can MD 29252 135 43 be be VB 29252 135 44 obtained obtain VBN 29252 135 45 by by IN 29252 135 46 taxation taxation NN 29252 135 47 without without IN 29252 135 48 undue undue JJ 29252 135 49 dislocation dislocation NN 29252 135 50 of of IN 29252 135 51 the the DT 29252 135 52 existing exist VBG 29252 135 53 economic economic JJ 29252 135 54 structure structure NN 29252 135 55 and and CC 29252 135 56 without without IN 29252 135 57 banefully banefully RB 29252 135 58 affecting affect VBG 29252 135 59 the the DT 29252 135 60 country country NN 29252 135 61 's 's POS 29252 135 62 prosperity prosperity NN 29252 135 63 . . . 29252 136 1 While while IN 29252 136 2 it -PRON- PRP 29252 136 3 would would MD 29252 136 4 not not RB 29252 136 5 do do VB 29252 136 6 for for IN 29252 136 7 us -PRON- PRP 29252 136 8 to to TO 29252 136 9 follow follow VB 29252 136 10 the the DT 29252 136 11 English english JJ 29252 136 12 method method NN 29252 136 13 of of IN 29252 136 14 taxation taxation NN 29252 136 15 in in IN 29252 136 16 all all DT 29252 136 17 respects respect NNS 29252 136 18 , , , 29252 136 19 it -PRON- PRP 29252 136 20 would would MD 29252 136 21 seem seem VB 29252 136 22 the the DT 29252 136 23 part part NN 29252 136 24 of of IN 29252 136 25 wisdom wisdom NN 29252 136 26 for for IN 29252 136 27 us -PRON- PRP 29252 136 28 to to TO 29252 136 29 profit profit VB 29252 136 30 from from IN 29252 136 31 her -PRON- PRP$ 29252 136 32 successful successful JJ 29252 136 33 experience experience NN 29252 136 34 . . . 29252 137 1 And and CC 29252 137 2 I -PRON- PRP 29252 137 3 hope hope VBP 29252 137 4 it -PRON- PRP 29252 137 5 will will MD 29252 137 6 not not RB 29252 137 7 be be VB 29252 137 8 deemed deem VBN 29252 137 9 presumptuous presumptuous JJ 29252 137 10 if if IN 29252 137 11 I -PRON- PRP 29252 137 12 venture venture VBP 29252 137 13 to to TO 29252 137 14 suggest suggest VB 29252 137 15 that that IN 29252 137 16 it -PRON- PRP 29252 137 17 might may MD 29252 137 18 not not RB 29252 137 19 be be VB 29252 137 20 amiss amiss JJ 29252 137 21 for for IN 29252 137 22 our -PRON- PRP$ 29252 137 23 Government Government NNP 29252 137 24 in in IN 29252 137 25 this this DT 29252 137 26 connection connection NN 29252 137 27 to to TO 29252 137 28 permit permit VB 29252 137 29 to to IN 29252 137 30 the the DT 29252 137 31 practical practical JJ 29252 137 32 experience experience NN 29252 137 33 and and CC 29252 137 34 judgment judgment NN 29252 137 35 of of IN 29252 137 36 business business NN 29252 137 37 men man NNS 29252 137 38 some some DT 29252 137 39 recognized recognize VBD 29252 137 40 scope scope NN 29252 137 41 in in IN 29252 137 42 the the DT 29252 137 43 deliberations deliberation NNS 29252 137 44 , , , 29252 137 45 as as IN 29252 137 46 I -PRON- PRP 29252 137 47 understand understand VBP 29252 137 48 was be VBD 29252 137 49 freely freely RB 29252 137 50 done do VBN 29252 137 51 in in IN 29252 137 52 England England NNP 29252 137 53 . . . 29252 138 1 I -PRON- PRP 29252 138 2 am be VBP 29252 138 3 entirely entirely RB 29252 138 4 certain certain JJ 29252 138 5 that that IN 29252 138 6 the the DT 29252 138 7 spokesmen spokesman NNS 29252 138 8 for for IN 29252 138 9 the the DT 29252 138 10 business business NN 29252 138 11 community community NN 29252 138 12 would would MD 29252 138 13 give give VB 29252 138 14 their -PRON- PRP$ 29252 138 15 time time NN 29252 138 16 , , , 29252 138 17 their -PRON- PRP$ 29252 138 18 best good JJS 29252 138 19 thought thought NN 29252 138 20 and and CC 29252 138 21 their -PRON- PRP$ 29252 138 22 disinterested disinterested JJ 29252 138 23 service service NN 29252 138 24 to to IN 29252 138 25 the the DT 29252 138 26 task task NN 29252 138 27 of of IN 29252 138 28 co co NN 29252 138 29 - - NN 29252 138 30 operating operate VBG 29252 138 31 in in IN 29252 138 32 devising devise VBG 29252 138 33 a a DT 29252 138 34 wise wise JJ 29252 138 35 and and CC 29252 138 36 fair fair JJ 29252 138 37 scheme scheme NN 29252 138 38 of of IN 29252 138 39 taxation taxation NN 29252 138 40 as as RB 29252 138 41 fully fully RB 29252 138 42 , , , 29252 138 43 readily readily RB 29252 138 44 and and CC 29252 138 45 patriotically patriotically RB 29252 138 46 as as IN 29252 138 47 they -PRON- PRP 29252 138 48 have have VBP 29252 138 49 done do VBN 29252 138 50 and and CC 29252 138 51 are be VBP 29252 138 52 doing do VBG 29252 138 53 to to IN 29252 138 54 the the DT 29252 138 55 task task NN 29252 138 56 of of IN 29252 138 57 placing place VBG 29252 138 58 the the DT 29252 138 59 Liberty Liberty NNP 29252 138 60 Loan Loan NNP 29252 138 61 . . . 29252 139 1 6 6 CD 29252 139 2 . . . 29252 140 1 In in IN 29252 140 2 determining determine VBG 29252 140 3 upon upon IN 29252 140 4 the the DT 29252 140 5 scheme scheme NN 29252 140 6 and and CC 29252 140 7 detail detail NN 29252 140 8 of of IN 29252 140 9 taxation taxation NN 29252 140 10 , , , 29252 140 11 it -PRON- PRP 29252 140 12 should should MD 29252 140 13 be be VB 29252 140 14 borne bear VBN 29252 140 15 in in IN 29252 140 16 mind mind NN 29252 140 17 that that IN 29252 140 18 the the DT 29252 140 19 intent intent NN 29252 140 20 of of IN 29252 140 21 the the DT 29252 140 22 proceedings proceeding NNS 29252 140 23 is be VBZ 29252 140 24 not not RB 29252 140 25 punitive punitive JJ 29252 140 26 , , , 29252 140 27 neither neither CC 29252 140 28 is be VBZ 29252 140 29 it -PRON- PRP 29252 140 30 to to TO 29252 140 31 apply apply VB 29252 140 32 practical practical JJ 29252 140 33 Socialism socialism NN 29252 140 34 under under IN 29252 140 35 the the DT 29252 140 36 guise guise NN 29252 140 37 of of IN 29252 140 38 war war NN 29252 140 39 finance finance NN 29252 140 40 . . . 29252 141 1 Taxation taxation NN 29252 141 2 is be VBZ 29252 141 3 a a DT 29252 141 4 problem problem NN 29252 141 5 in in IN 29252 141 6 mathematics mathematic NNS 29252 141 7 and and CC 29252 141 8 national national JJ 29252 141 9 economics economic NNS 29252 141 10 . . . 29252 142 1 It -PRON- PRP 29252 142 2 can can MD 29252 142 3 not not RB 29252 142 4 be be VB 29252 142 5 tackled tackle VBN 29252 142 6 successfully successfully RB 29252 142 7 by by IN 29252 142 8 hit hit NN 29252 142 9 or or CC 29252 142 10 miss miss NN 29252 142 11 methods method NNS 29252 142 12 , , , 29252 142 13 or or CC 29252 142 14 upon upon IN 29252 142 15 the the DT 29252 142 16 impulse impulse NN 29252 142 17 of of IN 29252 142 18 the the DT 29252 142 19 moment moment NN 29252 142 20 . . . 29252 143 1 It -PRON- PRP 29252 143 2 needs need VBZ 29252 143 3 to to TO 29252 143 4 be be VB 29252 143 5 approached approach VBN 29252 143 6 " " `` 29252 143 7 _ _ NNP 29252 143 8 sine sine NN 29252 143 9 ira ira NNP 29252 143 10 et et NNP 29252 143 11 studio studio NN 29252 143 12 _ _ NNP 29252 143 13 " " `` 29252 143 14 if if IN 29252 143 15 the the DT 29252 143 16 best good JJS 29252 143 17 results result NNS 29252 143 18 are be VBP 29252 143 19 to to TO 29252 143 20 be be VB 29252 143 21 obtained obtain VBN 29252 143 22 for for IN 29252 143 23 the the DT 29252 143 24 country country NN 29252 143 25 at at IN 29252 143 26 large large JJ 29252 143 27 . . . 29252 144 1 Congress Congress NNP 29252 144 2 and and CC 29252 144 3 public public JJ 29252 144 4 opinion opinion NN 29252 144 5 might may MD 29252 144 6 well well RB 29252 144 7 ponder ponder VB 29252 144 8 the the DT 29252 144 9 advice advice NN 29252 144 10 recently recently RB 29252 144 11 cabled cable VBN 29252 144 12 here here RB 29252 144 13 by by IN 29252 144 14 one one CD 29252 144 15 of of IN 29252 144 16 the the DT 29252 144 17 leading lead VBG 29252 144 18 financial financial JJ 29252 144 19 writers writer NNS 29252 144 20 in in IN 29252 144 21 England England NNP 29252 144 22 : : : 29252 144 23 " " `` 29252 144 24 You -PRON- PRP 29252 144 25 should should MD 29252 144 26 go go VB 29252 144 27 slow slow RB 29252 144 28 in in IN 29252 144 29 your -PRON- PRP$ 29252 144 30 tax tax NN 29252 144 31 plans plan NNS 29252 144 32 . . . 29252 145 1 Too too RB 29252 145 2 violent violent JJ 29252 145 3 a a DT 29252 145 4 financial financial JJ 29252 145 5 dislocation dislocation NN 29252 145 6 would would MD 29252 145 7 be be VB 29252 145 8 caused cause VBN 29252 145 9 , , , 29252 145 10 unless unless IN 29252 145 11 taxation taxation NN 29252 145 12 is be VBZ 29252 145 13 most most RBS 29252 145 14 judiciously judiciously RB 29252 145 15 and and CC 29252 145 16 scientifically scientifically RB 29252 145 17 apportioned apportion VBN 29252 145 18 . . . 29252 145 19 " " '' 29252 146 1 The the DT 29252 146 2 desire desire NN 29252 146 3 to to TO 29252 146 4 place place VB 29252 146 5 the the DT 29252 146 6 financial financial JJ 29252 146 7 burden burden NN 29252 146 8 incident incident NN 29252 146 9 to to IN 29252 146 10 war war NN 29252 146 11 preponderantly preponderantly RB 29252 146 12 upon upon IN 29252 146 13 the the DT 29252 146 14 wealthy wealthy JJ 29252 146 15 is be VBZ 29252 146 16 just just RB 29252 146 17 and and CC 29252 146 18 right right JJ 29252 146 19 , , , 29252 146 20 but but CC 29252 146 21 even even RB 29252 146 22 in in IN 29252 146 23 doing do VBG 29252 146 24 things thing NNS 29252 146 25 from from IN 29252 146 26 entirely entirely RB 29252 146 27 praiseworthy praiseworthy JJ 29252 146 28 motives motive NNS 29252 146 29 , , , 29252 146 30 it -PRON- PRP 29252 146 31 is be VBZ 29252 146 32 well well JJ 29252 146 33 to to TO 29252 146 34 remember remember VB 29252 146 35 the the DT 29252 146 36 old old JJ 29252 146 37 French french JJ 29252 146 38 saying saying NN 29252 146 39 , , , 29252 146 40 that that DT 29252 146 41 virtue virtue NN 29252 146 42 is be VBZ 29252 146 43 apt apt JJ 29252 146 44 to to TO 29252 146 45 be be VB 29252 146 46 more more RBR 29252 146 47 dangerous dangerous JJ 29252 146 48 than than IN 29252 146 49 vice vice NN 29252 146 50 , , , 29252 146 51 because because IN 29252 146 52 it -PRON- PRP 29252 146 53 is be VBZ 29252 146 54 not not RB 29252 146 55 subject subject JJ 29252 146 56 to to IN 29252 146 57 the the DT 29252 146 58 restraint restraint NN 29252 146 59 of of IN 29252 146 60 conscience conscience NN 29252 146 61 . . . 29252 147 1 * * NFP 29252 147 2 * * NFP 29252 147 3 * * NFP 29252 147 4 * * NFP 29252 147 5 * * NFP 29252 147 6 Since since IN 29252 147 7 this this DT 29252 147 8 article article NN 29252 147 9 was be VBD 29252 147 10 published publish VBN 29252 147 11 , , , 29252 147 12 I -PRON- PRP 29252 147 13 have have VBP 29252 147 14 received receive VBN 29252 147 15 several several JJ 29252 147 16 letters letter NNS 29252 147 17 stating state VBG 29252 147 18 that that IN 29252 147 19 , , , 29252 147 20 owing owe VBG 29252 147 21 to to IN 29252 147 22 the the DT 29252 147 23 excessively excessively RB 29252 147 24 high high JJ 29252 147 25 cost cost NN 29252 147 26 of of IN 29252 147 27 living living NN 29252 147 28 and and CC 29252 147 29 for for IN 29252 147 30 other other JJ 29252 147 31 reasons reason NNS 29252 147 32 , , , 29252 147 33 men man NNS 29252 147 34 of of IN 29252 147 35 small small JJ 29252 147 36 means mean NNS 29252 147 37 could could MD 29252 147 38 not not RB 29252 147 39 afford afford VB 29252 147 40 and and CC 29252 147 41 should should MD 29252 147 42 not not RB 29252 147 43 be be VB 29252 147 44 asked ask VBN 29252 147 45 to to TO 29252 147 46 bear bear VB 29252 147 47 additional additional JJ 29252 147 48 taxation taxation NN 29252 147 49 to to IN 29252 147 50 any any DT 29252 147 51 appreciable appreciable JJ 29252 147 52 extent extent NN 29252 147 53 and and CC 29252 147 54 that that IN 29252 147 55 therefore therefore RB 29252 147 56 the the DT 29252 147 57 proposed propose VBN 29252 147 58 vast vast JJ 29252 147 59 increase increase NN 29252 147 60 in in IN 29252 147 61 the the DT 29252 147 62 income income NN 29252 147 63 tax tax NN 29252 147 64 is be VBZ 29252 147 65 a a DT 29252 147 66 necessity necessity NN 29252 147 67 . . . 29252 148 1 I -PRON- PRP 29252 148 2 fully fully RB 29252 148 3 agree agree VBP 29252 148 4 with with IN 29252 148 5 the the DT 29252 148 6 premise premise NN 29252 148 7 , , , 29252 148 8 but but CC 29252 148 9 not not RB 29252 148 10 with with IN 29252 148 11 the the DT 29252 148 12 conclusion conclusion NN 29252 148 13 . . . 29252 149 1 Economics economic NNS 29252 149 2 are be VBP 29252 149 3 stubborn stubborn JJ 29252 149 4 things thing NNS 29252 149 5 and and CC 29252 149 6 can can MD 29252 149 7 not not RB 29252 149 8 be be VB 29252 149 9 successfully successfully RB 29252 149 10 dealt deal VBN 29252 149 11 with with IN 29252 149 12 emotionally emotionally RB 29252 149 13 . . . 29252 150 1 I -PRON- PRP 29252 150 2 yield yield VBP 29252 150 3 to to IN 29252 150 4 no no DT 29252 150 5 one one NN 29252 150 6 in in IN 29252 150 7 my -PRON- PRP$ 29252 150 8 sympathy sympathy NN 29252 150 9 for for IN 29252 150 10 those those DT 29252 150 11 who who WP 29252 150 12 have have VBP 29252 150 13 to to TO 29252 150 14 struggle struggle VB 29252 150 15 to to TO 29252 150 16 make make VB 29252 150 17 both both DT 29252 150 18 ends end NNS 29252 150 19 meet meet VB 29252 150 20 and and CC 29252 150 21 in in IN 29252 150 22 my -PRON- PRP$ 29252 150 23 desire desire NN 29252 150 24 to to TO 29252 150 25 see see VB 29252 150 26 their -PRON- PRP$ 29252 150 27 difficulties difficulty NNS 29252 150 28 lightened lighten VBN 29252 150 29 . . . 29252 151 1 I -PRON- PRP 29252 151 2 quite quite RB 29252 151 3 agree agree VBP 29252 151 4 that that IN 29252 151 5 the the DT 29252 151 6 financial financial JJ 29252 151 7 burden burden NN 29252 151 8 of of IN 29252 151 9 the the DT 29252 151 10 war war NN 29252 151 11 should should MD 29252 151 12 be be VB 29252 151 13 made make VBN 29252 151 14 to to TO 29252 151 15 weigh weigh VB 29252 151 16 as as RB 29252 151 17 little little JJ 29252 151 18 as as IN 29252 151 19 possible possible JJ 29252 151 20 upon upon IN 29252 151 21 the the DT 29252 151 22 shoulders shoulder NNS 29252 151 23 of of IN 29252 151 24 the the DT 29252 151 25 poor poor JJ 29252 151 26 and and CC 29252 151 27 those those DT 29252 151 28 of of IN 29252 151 29 small small JJ 29252 151 30 means mean NNS 29252 151 31 . . . 29252 152 1 Will Will MD 29252 152 2 a a DT 29252 152 3 two two CD 29252 152 4 - - HYPH 29252 152 5 cent cent NN 29252 152 6 tax tax NN 29252 152 7 on on IN 29252 152 8 checks check NNS 29252 152 9 be be VBP 29252 152 10 a a DT 29252 152 11 burden burden NN 29252 152 12 upon upon IN 29252 152 13 the the DT 29252 152 14 poor poor JJ 29252 152 15 and and CC 29252 152 16 those those DT 29252 152 17 of of IN 29252 152 18 small small JJ 29252 152 19 means mean NNS 29252 152 20 ? ? . 29252 153 1 Will Will MD 29252 153 2 a a DT 29252 153 3 five five CD 29252 153 4 - - HYPH 29252 153 5 cent cent NN 29252 153 6 tax tax NN 29252 153 7 on on IN 29252 153 8 single single JJ 29252 153 9 purchases purchase NNS 29252 153 10 ( ( -LRB- 29252 153 11 excepting except VBG 29252 153 12 foodstuffs foodstuff NNS 29252 153 13 ) ) -RRB- 29252 153 14 of of IN 29252 153 15 $ $ $ 29252 153 16 5 5 CD 29252 153 17 ? ? . 29252 154 1 Will Will MD 29252 154 2 an an DT 29252 154 3 excess excess JJ 29252 154 4 - - HYPH 29252 154 5 profit profit NN 29252 154 6 tax tax NN 29252 154 7 on on IN 29252 154 8 the the DT 29252 154 9 lines line NNS 29252 154 10 which which WDT 29252 154 11 I -PRON- PRP 29252 154 12 propose propose VBP 29252 154 13 ? ? . 29252 155 1 The the DT 29252 155 2 list list NN 29252 155 3 of of IN 29252 155 4 similar similar JJ 29252 155 5 queries query NNS 29252 155 6 could could MD 29252 155 7 easily easily RB 29252 155 8 be be VB 29252 155 9 continued continue VBN 29252 155 10 . . . 29252 156 1 The the DT 29252 156 2 present present JJ 29252 156 3 cost cost NN 29252 156 4 of of IN 29252 156 5 living living NN 29252 156 6 is be VBZ 29252 156 7 undoubtedly undoubtedly RB 29252 156 8 alarmingly alarmingly RB 29252 156 9 high high JJ 29252 156 10 . . . 29252 157 1 I -PRON- PRP 29252 157 2 believe believe VBP 29252 157 3 this this DT 29252 157 4 condition condition NN 29252 157 5 of of IN 29252 157 6 affairs affair NNS 29252 157 7 , , , 29252 157 8 to to IN 29252 157 9 a a DT 29252 157 10 certain certain JJ 29252 157 11 extent extent NN 29252 157 12 at at IN 29252 157 13 least least JJS 29252 157 14 , , , 29252 157 15 could could MD 29252 157 16 be be VB 29252 157 17 alleviated alleviate VBN 29252 157 18 by by IN 29252 157 19 appropriate appropriate JJ 29252 157 20 measures measure NNS 29252 157 21 and and CC 29252 157 22 that that IN 29252 157 23 every every DT 29252 157 24 effort effort NN 29252 157 25 should should MD 29252 157 26 be be VB 29252 157 27 made make VBN 29252 157 28 to to IN 29252 157 29 that that DT 29252 157 30 end end NN 29252 157 31 . . . 29252 158 1 But but CC 29252 158 2 a a DT 29252 158 3 huge huge JJ 29252 158 4 increase increase NN 29252 158 5 in in IN 29252 158 6 the the DT 29252 158 7 income income NN 29252 158 8 tax tax NN 29252 158 9 and and CC 29252 158 10 unwise unwise JJ 29252 158 11 business business NN 29252 158 12 taxation taxation NN 29252 158 13 will will MD 29252 158 14 not not RB 29252 158 15 accomplish accomplish VB 29252 158 16 this this DT 29252 158 17 . . . 29252 159 1 It -PRON- PRP 29252 159 2 will will MD 29252 159 3 , , , 29252 159 4 in in IN 29252 159 5 fact fact NN 29252 159 6 , , , 29252 159 7 rather rather RB 29252 159 8 accomplish accomplish VB 29252 159 9 the the DT 29252 159 10 opposite opposite NN 29252 159 11 , , , 29252 159 12 apart apart RB 29252 159 13 from from IN 29252 159 14 lessening lessen VBG 29252 159 15 employment employment NN 29252 159 16 . . . 29252 160 1 LETTERS letter NNS 29252 160 2 I -PRON- PRP 29252 160 3 The the DT 29252 160 4 Income Income NNP 29252 160 5 Tax Tax NNP 29252 160 6 Dear Dear NNP 29252 160 7 Sir Sir NNP 29252 160 8 : : : 29252 160 9 I -PRON- PRP 29252 160 10 fully fully RB 29252 160 11 agree agree VBP 29252 160 12 with with IN 29252 160 13 you -PRON- PRP 29252 160 14 in in IN 29252 160 15 the the DT 29252 160 16 principle principle NN 29252 160 17 of of IN 29252 160 18 your -PRON- PRP$ 29252 160 19 conceptions conception NNS 29252 160 20 of of IN 29252 160 21 the the DT 29252 160 22 duties duty NNS 29252 160 23 of of IN 29252 160 24 moneyed moneyed JJ 29252 160 25 men man NNS 29252 160 26 towards towards IN 29252 160 27 the the DT 29252 160 28 country country NN 29252 160 29 . . . 29252 161 1 They -PRON- PRP 29252 161 2 must must MD 29252 161 3 be be VB 29252 161 4 willing willing JJ 29252 161 5 not not RB 29252 161 6 only only RB 29252 161 7 to to TO 29252 161 8 surrender surrender VB 29252 161 9 such such JJ 29252 161 10 part part NN 29252 161 11 of of IN 29252 161 12 their -PRON- PRP$ 29252 161 13 income income NN 29252 161 14 , , , 29252 161 15 indeed indeed RB 29252 161 16 of of IN 29252 161 17 their -PRON- PRP$ 29252 161 18 fortune fortune NN 29252 161 19 , , , 29252 161 20 as as IN 29252 161 21 the the DT 29252 161 22 necessities necessity NNS 29252 161 23 of of IN 29252 161 24 the the DT 29252 161 25 country country NN 29252 161 26 require require VBP 29252 161 27 , , , 29252 161 28 they -PRON- PRP 29252 161 29 must must MD 29252 161 30 be be VB 29252 161 31 ready ready JJ 29252 161 32 not not RB 29252 161 33 only only RB 29252 161 34 to to TO 29252 161 35 relinquish relinquish VB 29252 161 36 their -PRON- PRP$ 29252 161 37 affairs affair NNS 29252 161 38 and and CC 29252 161 39 to to TO 29252 161 40 put put VB 29252 161 41 their -PRON- PRP$ 29252 161 42 time time NN 29252 161 43 , , , 29252 161 44 their -PRON- PRP$ 29252 161 45 energies energy NNS 29252 161 46 , , , 29252 161 47 capacities capacity NNS 29252 161 48 and and CC 29252 161 49 experience experience NN 29252 161 50 at at IN 29252 161 51 the the DT 29252 161 52 disposal disposal NN 29252 161 53 of of IN 29252 161 54 the the DT 29252 161 55 Government Government NNP 29252 161 56 in in IN 29252 161 57 time time NN 29252 161 58 of of IN 29252 161 59 war war NN 29252 161 60 , , , 29252 161 61 but but CC 29252 161 62 they -PRON- PRP 29252 161 63 must must MD 29252 161 64 be be VB 29252 161 65 prepared prepare VBN 29252 161 66 to to TO 29252 161 67 offer offer VB 29252 161 68 their -PRON- PRP$ 29252 161 69 very very JJ 29252 161 70 lives life NNS 29252 161 71 if if IN 29252 161 72 the the DT 29252 161 73 country country NN 29252 161 74 calls call VBZ 29252 161 75 for for IN 29252 161 76 them -PRON- PRP 29252 161 77 . . . 29252 162 1 Those those DT 29252 162 2 are be VBP 29252 162 3 the the DT 29252 162 4 duties duty NNS 29252 162 5 , , , 29252 162 6 of of IN 29252 162 7 course course NN 29252 162 8 , , , 29252 162 9 of of IN 29252 162 10 every every DT 29252 162 11 citizen citizen NN 29252 162 12 , , , 29252 162 13 but but CC 29252 162 14 they -PRON- PRP 29252 162 15 are be VBP 29252 162 16 doubly doubly RB 29252 162 17 the the DT 29252 162 18 duties duty NNS 29252 162 19 of of IN 29252 162 20 those those DT 29252 162 21 who who WP 29252 162 22 have have VBP 29252 162 23 won win VBN 29252 162 24 success success NN 29252 162 25 . . . 29252 163 1 I -PRON- PRP 29252 163 2 am be VBP 29252 163 3 firmly firmly RB 29252 163 4 convinced convinced JJ 29252 163 5 that that IN 29252 163 6 capitalists capitalist NNS 29252 163 7 as as IN 29252 163 8 a a DT 29252 163 9 class class NN 29252 163 10 will will MD 29252 163 11 not not RB 29252 163 12 fail fail VB 29252 163 13 in in IN 29252 163 14 them -PRON- PRP 29252 163 15 during during IN 29252 163 16 the the DT 29252 163 17 war war NN 29252 163 18 . . . 29252 164 1 My -PRON- PRP$ 29252 164 2 article article NN 29252 164 3 on on IN 29252 164 4 war war NN 29252 164 5 taxation taxation NN 29252 164 6 was be VBD 29252 164 7 not not RB 29252 164 8 written write VBN 29252 164 9 with with IN 29252 164 10 any any DT 29252 164 11 idea idea NN 29252 164 12 of of IN 29252 164 13 questioning question VBG 29252 164 14 these these DT 29252 164 15 manifest manif JJS 29252 164 16 and and CC 29252 164 17 uncontrovertible uncontrovertible JJ 29252 164 18 truths truth NNS 29252 164 19 , , , 29252 164 20 but but CC 29252 164 21 solely solely RB 29252 164 22 with with IN 29252 164 23 the the DT 29252 164 24 purpose purpose NN 29252 164 25 of of IN 29252 164 26 contributing contribute VBG 29252 164 27 to to IN 29252 164 28 the the DT 29252 164 29 discussion discussion NN 29252 164 30 of of IN 29252 164 31 the the DT 29252 164 32 taxation taxation NN 29252 164 33 proposals proposal NNS 29252 164 34 certain certain JJ 29252 164 35 considerations consideration NNS 29252 164 36 which which WDT 29252 164 37 I -PRON- PRP 29252 164 38 believe believe VBP 29252 164 39 to to TO 29252 164 40 be be VB 29252 164 41 well well RB 29252 164 42 founded found VBN 29252 164 43 in in IN 29252 164 44 economics economic NNS 29252 164 45 and and CC 29252 164 46 history history NN 29252 164 47 no no RB 29252 164 48 less less JJR 29252 164 49 than than IN 29252 164 50 in in IN 29252 164 51 experience experience NN 29252 164 52 and and CC 29252 164 53 reason reason NN 29252 164 54 , , , 29252 164 55 and and CC 29252 164 56 the the DT 29252 164 57 disregard disregard NN 29252 164 58 of of IN 29252 164 59 which which WDT 29252 164 60 would would MD 29252 164 61 be be VB 29252 164 62 apt apt JJ 29252 164 63 , , , 29252 164 64 I -PRON- PRP 29252 164 65 think think VBP 29252 164 66 , , , 29252 164 67 to to TO 29252 164 68 lead lead VB 29252 164 69 to to IN 29252 164 70 consequences consequence NNS 29252 164 71 gravely gravely RB 29252 164 72 detrimental detrimental JJ 29252 164 73 to to IN 29252 164 74 the the DT 29252 164 75 commonwealth commonwealth NNP 29252 164 76 . . . 29252 165 1 The the DT 29252 165 2 question question NN 29252 165 3 to to TO 29252 165 4 which which WDT 29252 165 5 my -PRON- PRP$ 29252 165 6 article article NN 29252 165 7 addressed address VBD 29252 165 8 itself -PRON- PRP 29252 165 9 was be VBD 29252 165 10 not not RB 29252 165 11 what what WP 29252 165 12 sacrifices sacrifice NNS 29252 165 13 capital capital NN 29252 165 14 should should MD 29252 165 15 and and CC 29252 165 16 would would MD 29252 165 17 be be VB 29252 165 18 willing willing JJ 29252 165 19 to to TO 29252 165 20 bear bear VB 29252 165 21 if if IN 29252 165 22 called call VBN 29252 165 23 upon upon IN 29252 165 24 , , , 29252 165 25 but but CC 29252 165 26 what what WP 29252 165 27 taxes taxis NNS 29252 165 28 it -PRON- PRP 29252 165 29 was be VBD 29252 165 30 fair fair JJ 29252 165 31 , , , 29252 165 32 reasonable reasonable JJ 29252 165 33 and and CC 29252 165 34 , , , 29252 165 35 above above IN 29252 165 36 all all DT 29252 165 37 , , , 29252 165 38 to to IN 29252 165 39 the the DT 29252 165 40 public public JJ 29252 165 41 advantage advantage NN 29252 165 42 to to TO 29252 165 43 impose impose VB 29252 165 44 on on IN 29252 165 45 capital capital NN 29252 165 46 , , , 29252 165 47 seeing see VBG 29252 165 48 that that IN 29252 165 49 there there EX 29252 165 50 is be VBZ 29252 165 51 a a DT 29252 165 52 point point NN 29252 165 53 at at IN 29252 165 54 which which WDT 29252 165 55 the the DT 29252 165 56 country country NN 29252 165 57 's 's POS 29252 165 58 economic economic JJ 29252 165 59 equilibrium equilibrium NN 29252 165 60 would would MD 29252 165 61 be be VB 29252 165 62 thrown throw VBN 29252 165 63 out out IN 29252 165 64 of of IN 29252 165 65 gear gear NN 29252 165 66 and and CC 29252 165 67 at at IN 29252 165 68 which which WDT 29252 165 69 the the DT 29252 165 70 incentive incentive NN 29252 165 71 to to TO 29252 165 72 use use VB 29252 165 73 capital capital NN 29252 165 74 constructively constructively RB 29252 165 75 and and CC 29252 165 76 productively productively RB 29252 165 77 and and CC 29252 165 78 to to TO 29252 165 79 take take VB 29252 165 80 those those DT 29252 165 81 business business NN 29252 165 82 risks risk NNS 29252 165 83 which which WDT 29252 165 84 are be VBP 29252 165 85 incident incident NN 29252 165 86 to to IN 29252 165 87 all all DT 29252 165 88 business business NN 29252 165 89 activity activity NN 29252 165 90 , , , 29252 165 91 would would MD 29252 165 92 be be VB 29252 165 93 killed kill VBN 29252 165 94 . . . 29252 166 1 I -PRON- PRP 29252 166 2 greatly greatly RB 29252 166 3 regret regret VBP 29252 166 4 if if IN 29252 166 5 what what WP 29252 166 6 I -PRON- PRP 29252 166 7 said say VBD 29252 166 8 on on IN 29252 166 9 the the DT 29252 166 10 subject subject NN 29252 166 11 of of IN 29252 166 12 Canada Canada NNP 29252 166 13 being be VBG 29252 166 14 free free JJ 29252 166 15 from from IN 29252 166 16 income income NN 29252 166 17 tax tax NN 29252 166 18 gave give VBD 29252 166 19 the the DT 29252 166 20 impression impression NN 29252 166 21 of of IN 29252 166 22 being be VBG 29252 166 23 a a DT 29252 166 24 suggestion suggestion NN 29252 166 25 for for IN 29252 166 26 the the DT 29252 166 27 evasion evasion NN 29252 166 28 by by IN 29252 166 29 wealthy wealthy JJ 29252 166 30 men man NNS 29252 166 31 of of IN 29252 166 32 taxation taxation NN 29252 166 33 during during IN 29252 166 34 the the DT 29252 166 35 war war NN 29252 166 36 . . . 29252 167 1 The the DT 29252 167 2 fact fact NN 29252 167 3 that that IN 29252 167 4 capital capital NN 29252 167 5 is be VBZ 29252 167 6 not not RB 29252 167 7 subject subject JJ 29252 167 8 to to IN 29252 167 9 income income NN 29252 167 10 tax tax NN 29252 167 11 in in IN 29252 167 12 Canada Canada NNP 29252 167 13 was be VBD 29252 167 14 , , , 29252 167 15 of of IN 29252 167 16 course course NN 29252 167 17 , , , 29252 167 18 well well RB 29252 167 19 known known JJ 29252 167 20 to to IN 29252 167 21 men man NNS 29252 167 22 of of IN 29252 167 23 wealth wealth NN 29252 167 24 . . . 29252 168 1 I -PRON- PRP 29252 168 2 thought think VBD 29252 168 3 it -PRON- PRP 29252 168 4 a a DT 29252 168 5 point point NN 29252 168 6 and and CC 29252 168 7 a a DT 29252 168 8 fact fact NN 29252 168 9 of of IN 29252 168 10 sufficient sufficient JJ 29252 168 11 importance importance NN 29252 168 12 as as IN 29252 168 13 bearing bear VBG 29252 168 14 upon upon IN 29252 168 15 our -PRON- PRP$ 29252 168 16 own own JJ 29252 168 17 taxation taxation NN 29252 168 18 program program NN 29252 168 19 to to TO 29252 168 20 deserve deserve VB 29252 168 21 to to TO 29252 168 22 be be VB 29252 168 23 made make VBN 29252 168 24 generally generally RB 29252 168 25 known know VBN 29252 168 26 . . . 29252 169 1 That that IN 29252 169 2 this this DT 29252 169 3 might may MD 29252 169 4 be be VB 29252 169 5 considered consider VBN 29252 169 6 as as IN 29252 169 7 either either CC 29252 169 8 a a DT 29252 169 9 suggestion suggestion NN 29252 169 10 or or CC 29252 169 11 a a DT 29252 169 12 threat threat NN 29252 169 13 of of IN 29252 169 14 what what WDT 29252 169 15 capital capital NN 29252 169 16 might may MD 29252 169 17 do do VB 29252 169 18 during during IN 29252 169 19 the the DT 29252 169 20 war war NN 29252 169 21 , , , 29252 169 22 never never RB 29252 169 23 , , , 29252 169 24 I -PRON- PRP 29252 169 25 confess confess VBP 29252 169 26 , , , 29252 169 27 entered enter VBD 29252 169 28 my -PRON- PRP$ 29252 169 29 mind mind NN 29252 169 30 , , , 29252 169 31 _ _ NNP 29252 169 32 for for IN 29252 169 33 it -PRON- PRP 29252 169 34 would would MD 29252 169 35 , , , 29252 169 36 of of IN 29252 169 37 course course NN 29252 169 38 , , , 29252 169 39 be be VB 29252 169 40 little little JJ 29252 169 41 short short JJ 29252 169 42 of of IN 29252 169 43 treason treason NN 29252 169 44 for for IN 29252 169 45 capital capital NN 29252 169 46 and and CC 29252 169 47 capitalists capitalist NNS 29252 169 48 to to TO 29252 169 49 take take VB 29252 169 50 advantage advantage NN 29252 169 51 of of IN 29252 169 52 Canada Canada NNP 29252 169 53 's 's POS 29252 169 54 propinquity propinquity NN 29252 169 55 while while IN 29252 169 56 the the DT 29252 169 57 war war NN 29252 169 58 is be VBZ 29252 169 59 on on RB 29252 169 60 . . . 29252 169 61 _ _ NNP 29252 169 62 You -PRON- PRP 29252 169 63 speak speak VBP 29252 169 64 of of IN 29252 169 65 the the DT 29252 169 66 possibility possibility NN 29252 169 67 of of IN 29252 169 68 legislation legislation NN 29252 169 69 to to TO 29252 169 70 prevent prevent VB 29252 169 71 this this DT 29252 169 72 . . . 29252 170 1 If if IN 29252 170 2 capital capital NN 29252 170 3 meant mean VBD 29252 170 4 to to TO 29252 170 5 leave leave VB 29252 170 6 the the DT 29252 170 7 country country NN 29252 170 8 to to TO 29252 170 9 evade evade VB 29252 170 10 taxation taxation NN 29252 170 11 , , , 29252 170 12 there there EX 29252 170 13 would would MD 29252 170 14 have have VB 29252 170 15 been be VBN 29252 170 16 ample ample JJ 29252 170 17 time time NN 29252 170 18 and and CC 29252 170 19 opportunity opportunity NN 29252 170 20 for for IN 29252 170 21 it -PRON- PRP 29252 170 22 to to TO 29252 170 23 do do VB 29252 170 24 so so RB 29252 170 25 during during IN 29252 170 26 the the DT 29252 170 27 past past JJ 29252 170 28 six six CD 29252 170 29 weeks week NNS 29252 170 30 . . . 29252 171 1 The the DT 29252 171 2 price price NN 29252 171 3 of of IN 29252 171 4 exchange exchange NN 29252 171 5 would would MD 29252 171 6 indicate indicate VB 29252 171 7 if if IN 29252 171 8 that that DT 29252 171 9 had have VBD 29252 171 10 been be VBN 29252 171 11 done do VBN 29252 171 12 to to IN 29252 171 13 any any DT 29252 171 14 appreciable appreciable JJ 29252 171 15 extent extent NN 29252 171 16 , , , 29252 171 17 and and CC 29252 171 18 proves prove VBZ 29252 171 19 , , , 29252 171 20 as as IN 29252 171 21 a a DT 29252 171 22 matter matter NN 29252 171 23 of of IN 29252 171 24 fact fact NN 29252 171 25 , , , 29252 171 26 that that IN 29252 171 27 it -PRON- PRP 29252 171 28 is be VBZ 29252 171 29 not not RB 29252 171 30 being be VBG 29252 171 31 done do VBN 29252 171 32 . . . 29252 172 1 If if IN 29252 172 2 it -PRON- PRP 29252 172 3 were be VBD 29252 172 4 being be VBG 29252 172 5 done do VBN 29252 172 6 , , , 29252 172 7 I -PRON- PRP 29252 172 8 quite quite RB 29252 172 9 agree agree VBP 29252 172 10 with with IN 29252 172 11 you -PRON- PRP 29252 172 12 that that DT 29252 172 13 legislation legislation NN 29252 172 14 should should MD 29252 172 15 be be VB 29252 172 16 sought seek VBN 29252 172 17 to to TO 29252 172 18 prevent prevent VB 29252 172 19 it -PRON- PRP 29252 172 20 and and CC 29252 172 21 to to TO 29252 172 22 punish punish VB 29252 172 23 the the DT 29252 172 24 attempt attempt NN 29252 172 25 . . . 29252 173 1 But but CC 29252 173 2 I -PRON- PRP 29252 173 3 am be VBP 29252 173 4 entirely entirely RB 29252 173 5 certain certain JJ 29252 173 6 that that IN 29252 173 7 moneyed moneyed JJ 29252 173 8 men man NNS 29252 173 9 will will MD 29252 173 10 not not RB 29252 173 11 think think VB 29252 173 12 of of IN 29252 173 13 evading evade VBG 29252 173 14 whatever whatever WDT 29252 173 15 sacrifice sacrifice NN 29252 173 16 may may MD 29252 173 17 be be VB 29252 173 18 required require VBN 29252 173 19 of of IN 29252 173 20 them -PRON- PRP 29252 173 21 by by IN 29252 173 22 their -PRON- PRP$ 29252 173 23 country country NN 29252 173 24 under under IN 29252 173 25 war war NN 29252 173 26 conditions condition NNS 29252 173 27 . . . 29252 174 1 What what WP 29252 174 2 I -PRON- PRP 29252 174 3 meant mean VBD 29252 174 4 to to TO 29252 174 5 intimate intimate VB 29252 174 6 in in IN 29252 174 7 saying say VBG 29252 174 8 that that DT 29252 174 9 capital capital NN 29252 174 10 and and CC 29252 174 11 men man NNS 29252 174 12 of of IN 29252 174 13 enterprise enterprise NN 29252 174 14 would would MD 29252 174 15 seek seek VB 29252 174 16 Canada Canada NNP 29252 174 17 if if IN 29252 174 18 there there EX 29252 174 19 was be VBD 29252 174 20 no no DT 29252 174 21 income income NN 29252 174 22 tax tax NN 29252 174 23 , , , 29252 174 24 or or CC 29252 174 25 only only RB 29252 174 26 a a DT 29252 174 27 moderate moderate JJ 29252 174 28 one one NN 29252 174 29 , , , 29252 174 30 in in IN 29252 174 31 that that DT 29252 174 32 country country NN 29252 174 33 , , , 29252 174 34 whilst whilst IN 29252 174 35 America America NNP 29252 174 36 at at IN 29252 174 37 this this DT 29252 174 38 time time NN 29252 174 39 imposed impose VBD 29252 174 40 excessive excessive JJ 29252 174 41 and and CC 29252 174 42 practically practically RB 29252 174 43 punitive punitive JJ 29252 174 44 income income NN 29252 174 45 taxation taxation NN 29252 174 46 , , , 29252 174 47 was be VBD 29252 174 48 this this DT 29252 174 49 : : : 29252 174 50 Capital capital NN 29252 174 51 has have VBZ 29252 174 52 a a DT 29252 174 53 long long JJ 29252 174 54 memory memory NN 29252 174 55 . . . 29252 175 1 Capital capital NN 29252 175 2 is be VBZ 29252 175 3 proverbially proverbially RB 29252 175 4 timid timid JJ 29252 175 5 . . . 29252 176 1 I -PRON- PRP 29252 176 2 am be VBP 29252 176 3 not not RB 29252 176 4 referring refer VBG 29252 176 5 only only RB 29252 176 6 to to IN 29252 176 7 large large JJ 29252 176 8 aggregations aggregation NNS 29252 176 9 of of IN 29252 176 10 capital capital NN 29252 176 11 but but CC 29252 176 12 to to IN 29252 176 13 all all DT 29252 176 14 capital capital NN 29252 176 15 . . . 29252 177 1 I -PRON- PRP 29252 177 2 am be VBP 29252 177 3 not not RB 29252 177 4 referring refer VBG 29252 177 5 only only RB 29252 177 6 to to IN 29252 177 7 the the DT 29252 177 8 capital capital NN 29252 177 9 and and CC 29252 177 10 capitalists capitalist NNS 29252 177 11 of of IN 29252 177 12 to to IN 29252 177 13 - - HYPH 29252 177 14 day day NN 29252 177 15 , , , 29252 177 16 but but CC 29252 177 17 to to IN 29252 177 18 those those DT 29252 177 19 who who WP 29252 177 20 accumulate accumulate VBP 29252 177 21 capital capital NN 29252 177 22 by by IN 29252 177 23 practising practise VBG 29252 177 24 thrift thrift NN 29252 177 25 and and CC 29252 177 26 to to IN 29252 177 27 those those DT 29252 177 28 who who WP 29252 177 29 by by IN 29252 177 30 invention invention NN 29252 177 31 , , , 29252 177 32 by by IN 29252 177 33 conspicuous conspicuous JJ 29252 177 34 organizing organizing NN 29252 177 35 or or CC 29252 177 36 other other JJ 29252 177 37 ability ability NN 29252 177 38 , , , 29252 177 39 by by IN 29252 177 40 originality originality NN 29252 177 41 of of IN 29252 177 42 method method NN 29252 177 43 , , , 29252 177 44 etc etc FW 29252 177 45 . . . 29252 177 46 , , , 29252 177 47 are be VBP 29252 177 48 instruments instrument NNS 29252 177 49 in in IN 29252 177 50 the the DT 29252 177 51 creation creation NN 29252 177 52 of of IN 29252 177 53 capital capital NN 29252 177 54 and and CC 29252 177 55 will will MD 29252 177 56 be be VB 29252 177 57 , , , 29252 177 58 presumably presumably RB 29252 177 59 , , , 29252 177 60 amongst amongst IN 29252 177 61 the the DT 29252 177 62 future future JJ 29252 177 63 owners owner NNS 29252 177 64 of of IN 29252 177 65 capital capital NN 29252 177 66 . . . 29252 178 1 The the DT 29252 178 2 possessors possessor NNS 29252 178 3 of of IN 29252 178 4 capital capital NN 29252 178 5 , , , 29252 178 6 present present JJ 29252 178 7 and and CC 29252 178 8 future future NN 29252 178 9 , , , 29252 178 10 would would MD 29252 178 11 not not RB 29252 178 12 easily easily RB 29252 178 13 forget forget VB 29252 178 14 if if IN 29252 178 15 , , , 29252 178 16 in in IN 29252 178 17 the the DT 29252 178 18 very very RB 29252 178 19 first first JJ 29252 178 20 year year NN 29252 178 21 of of IN 29252 178 22 the the DT 29252 178 23 war war NN 29252 178 24 capital capital NN 29252 178 25 in in IN 29252 178 26 this this DT 29252 178 27 country country NN 29252 178 28 were be VBD 29252 178 29 to to TO 29252 178 30 be be VB 29252 178 31 taxed tax VBN 29252 178 32 at at IN 29252 178 33 far far RB 29252 178 34 higher high JJR 29252 178 35 rates rate NNS 29252 178 36 than than IN 29252 178 37 prevail prevail VB 29252 178 38 in in IN 29252 178 39 any any DT 29252 178 40 European european JJ 29252 178 41 country country NN 29252 178 42 after after IN 29252 178 43 three three CD 29252 178 44 years year NNS 29252 178 45 of of IN 29252 178 46 war war NN 29252 178 47 . . . 29252 179 1 Even even RB 29252 179 2 if if IN 29252 179 3 such such JJ 29252 179 4 extraordinary extraordinary JJ 29252 179 5 taxation taxation NN 29252 179 6 was be VBD 29252 179 7 removed remove VBN 29252 179 8 at at IN 29252 179 9 once once RB 29252 179 10 , , , 29252 179 11 after after IN 29252 179 12 the the DT 29252 179 13 termination termination NN 29252 179 14 of of IN 29252 179 15 the the DT 29252 179 16 war war NN 29252 179 17 , , , 29252 179 18 capital capital NN 29252 179 19 would would MD 29252 179 20 remain remain VB 29252 179 21 disquieted disquieted JJ 29252 179 22 by by IN 29252 179 23 the the DT 29252 179 24 fear fear NN 29252 179 25 that that IN 29252 179 26 the the DT 29252 179 27 machinery machinery NN 29252 179 28 of of IN 29252 179 29 excessively excessively RB 29252 179 30 high high JJ 29252 179 31 income income NN 29252 179 32 taxation taxation NN 29252 179 33 , , , 29252 179 34 once once RB 29252 179 35 used use VBN 29252 179 36 and and CC 29252 179 37 found find VBN 29252 179 38 easy easy JJ 29252 179 39 of of IN 29252 179 40 motion motion NN 29252 179 41 , , , 29252 179 42 might may MD 29252 179 43 be be VB 29252 179 44 used use VBN 29252 179 45 again again RB 29252 179 46 for for IN 29252 179 47 purposes purpose NNS 29252 179 48 of of IN 29252 179 49 a a DT 29252 179 50 less less RBR 29252 179 51 serious serious JJ 29252 179 52 emergency emergency NN 29252 179 53 than than IN 29252 179 54 now now RB 29252 179 55 exists exist VBZ 29252 179 56 . . . 29252 180 1 Those those DT 29252 180 2 seeking seek VBG 29252 180 3 capital capital NN 29252 180 4 for for IN 29252 180 5 other other JJ 29252 180 6 countries--_and countries--_and NNP 29252 180 7 there there EX 29252 180 8 is be VBZ 29252 180 9 bound bind VBN 29252 180 10 to to TO 29252 180 11 be be VB 29252 180 12 a a DT 29252 180 13 very very RB 29252 180 14 keen keen JJ 29252 180 15 contest contest NN 29252 180 16 for for IN 29252 180 17 capital capital NN 29252 180 18 after after IN 29252 180 19 the the DT 29252 180 20 war_--would war_--would NN 29252 180 21 not not RB 29252 180 22 fail fail VB 29252 180 23 to to TO 29252 180 24 make make VB 29252 180 25 use use NN 29252 180 26 of of IN 29252 180 27 these these DT 29252 180 28 arguments argument NNS 29252 180 29 . . . 29252 181 1 Moreover moreover RB 29252 181 2 , , , 29252 181 3 experience experience NN 29252 181 4 has have VBZ 29252 181 5 proved prove VBN 29252 181 6 that that IN 29252 181 7 very very RB 29252 181 8 high high JJ 29252 181 9 rates rate NNS 29252 181 10 of of IN 29252 181 11 income income NN 29252 181 12 taxation taxation NN 29252 181 13 once once RB 29252 181 14 adopted adopt VBD 29252 181 15 , , , 29252 181 16 are be VBP 29252 181 17 not not RB 29252 181 18 easily easily RB 29252 181 19 reduced reduce VBN 29252 181 20 to to IN 29252 181 21 the the DT 29252 181 22 level level NN 29252 181 23 from from IN 29252 181 24 which which WDT 29252 181 25 they -PRON- PRP 29252 181 26 started start VBD 29252 181 27 . . . 29252 182 1 Therefore therefore RB 29252 182 2 , , , 29252 182 3 in in IN 29252 182 4 the the DT 29252 182 5 case case NN 29252 182 6 to to TO 29252 182 7 which which WDT 29252 182 8 my -PRON- PRP$ 29252 182 9 argument argument NN 29252 182 10 was be VBD 29252 182 11 addressed address VBN 29252 182 12 , , , 29252 182 13 _ _ NNP 29252 182 14 i.e. i.e. FW 29252 182 15 _ _ NNP 29252 182 16 , , , 29252 182 17 unduly unduly RB 29252 182 18 high high JJ 29252 182 19 income income NN 29252 182 20 taxation taxation NN 29252 182 21 in in IN 29252 182 22 this this DT 29252 182 23 country country NN 29252 182 24 and and CC 29252 182 25 no no UH 29252 182 26 , , , 29252 182 27 or or CC 29252 182 28 only only RB 29252 182 29 very very RB 29252 182 30 moderate moderate JJ 29252 182 31 , , , 29252 182 32 income income NN 29252 182 33 taxation taxation NN 29252 182 34 in in IN 29252 182 35 Canada Canada NNP 29252 182 36 , , , 29252 182 37 there there EX 29252 182 38 can can MD 29252 182 39 be be VB 29252 182 40 little little JJ 29252 182 41 doubt doubt NN 29252 182 42 that that IN 29252 182 43 _ _ NNP 29252 182 44 after after IN 29252 182 45 the the DT 29252 182 46 war war NN 29252 182 47 _ _ NNP 29252 182 48 there there EX 29252 182 49 would would MD 29252 182 50 be be VB 29252 182 51 an an DT 29252 182 52 outflow outflow NN 29252 182 53 of of IN 29252 182 54 capital capital NN 29252 182 55 to to IN 29252 182 56 Canada Canada NNP 29252 182 57 , , , 29252 182 58 and and CC 29252 182 59 that that DT 29252 182 60 -- -- : 29252 182 61 which which WDT 29252 182 62 is be VBZ 29252 182 63 still still RB 29252 182 64 more more RBR 29252 182 65 important important JJ 29252 182 66 -- -- : 29252 182 67 men man NNS 29252 182 68 of of IN 29252 182 69 enterprise enterprise NN 29252 182 70 , , , 29252 182 71 especially especially RB 29252 182 72 young young JJ 29252 182 73 men man NNS 29252 182 74 , , , 29252 182 75 will will MD 29252 182 76 be be VB 29252 182 77 apt apt JJ 29252 182 78 to to TO 29252 182 79 seek seek VB 29252 182 80 in in IN 29252 182 81 that that DT 29252 182 82 and and CC 29252 182 83 other other JJ 29252 182 84 countries country NNS 29252 182 85 , , , 29252 182 86 fields field NNS 29252 182 87 for for IN 29252 182 88 their -PRON- PRP$ 29252 182 89 activities activity NNS 29252 182 90 if if IN 29252 182 91 the the DT 29252 182 92 reward reward NN 29252 182 93 of of IN 29252 182 94 enterprise enterprise NN 29252 182 95 is be VBZ 29252 182 96 too too RB 29252 182 97 greatly greatly RB 29252 182 98 diminished diminish VBN 29252 182 99 in in IN 29252 182 100 America America NNP 29252 182 101 as as IN 29252 182 102 compared compare VBN 29252 182 103 to to IN 29252 182 104 what what WP 29252 182 105 it -PRON- PRP 29252 182 106 is be VBZ 29252 182 107 elsewhere elsewhere RB 29252 182 108 . . . 29252 183 1 Such such JJ 29252 183 2 men man NNS 29252 183 3 would would MD 29252 183 4 be be VB 29252 183 5 doing do VBG 29252 183 6 nothing nothing NN 29252 183 7 else else RB 29252 183 8 than than IN 29252 183 9 what what WP 29252 183 10 many many JJ 29252 183 11 thousands thousand NNS 29252 183 12 of of IN 29252 183 13 American American NNP 29252 183 14 - - HYPH 29252 183 15 born bear VBN 29252 183 16 farmers farmer NNS 29252 183 17 have have VBP 29252 183 18 done do VBN 29252 183 19 within within IN 29252 183 20 recent recent JJ 29252 183 21 years year NNS 29252 183 22 in in IN 29252 183 23 transferring transfer VBG 29252 183 24 themselves -PRON- PRP 29252 183 25 , , , 29252 183 26 their -PRON- PRP$ 29252 183 27 capital capital NN 29252 183 28 and and CC 29252 183 29 their -PRON- PRP$ 29252 183 30 working work VBG 29252 183 31 capacity capacity NN 29252 183 32 to to IN 29252 183 33 Canada Canada NNP 29252 183 34 . . . 29252 184 1 _ _ NNP 29252 184 2 Not not RB 29252 184 3 a a DT 29252 184 4 single single JJ 29252 184 5 one one CD 29252 184 6 of of IN 29252 184 7 the the DT 29252 184 8 leading lead VBG 29252 184 9 European european JJ 29252 184 10 nations nation NNS 29252 184 11 , , , 29252 184 12 after after IN 29252 184 13 three three CD 29252 184 14 years year NNS 29252 184 15 of of IN 29252 184 16 the the DT 29252 184 17 most most RBS 29252 184 18 exhausting exhausting JJ 29252 184 19 war war NN 29252 184 20 , , , 29252 184 21 has have VBZ 29252 184 22 an an DT 29252 184 23 income income NN 29252 184 24 taxation taxation NN 29252 184 25 schedule schedule NN 29252 184 26 as as RB 29252 184 27 high high JJ 29252 184 28 as as IN 29252 184 29 that that DT 29252 184 30 adopted adopt VBN 29252 184 31 by by IN 29252 184 32 the the DT 29252 184 33 House House NNP 29252 184 34 of of IN 29252 184 35 Representatives Representatives NNPS 29252 184 36 ; ; : 29252 184 37 neither neither CC 29252 184 38 Republican Republican NNP 29252 184 39 France France NNP 29252 184 40 , , , 29252 184 41 nor nor CC 29252 184 42 Democratic Democratic NNP 29252 184 43 England England NNP 29252 184 44 , , , 29252 184 45 nor nor CC 29252 184 46 Autocratic Autocratic NNP 29252 184 47 Germany Germany NNP 29252 184 48 . . . 29252 184 49 _ _ XX 29252 184 50 Of of IN 29252 184 51 these these DT 29252 184 52 three three CD 29252 184 53 countries country NNS 29252 184 54 , , , 29252 184 55 England England NNP 29252 184 56 has have VBZ 29252 184 57 imposed impose VBN 29252 184 58 the the DT 29252 184 59 highest high JJS 29252 184 60 income income NN 29252 184 61 taxation taxation NN 29252 184 62 ; ; : 29252 184 63 yet yet CC 29252 184 64 , , , 29252 184 65 _ _ NNP 29252 184 66 the the DT 29252 184 67 maximum maximum JJ 29252 184 68 rate rate NN 29252 184 69 in in IN 29252 184 70 England England NNP 29252 184 71 is be VBZ 29252 184 72 almost almost RB 29252 184 73 fifty fifty CD 29252 184 74 per per IN 29252 184 75 cent cent NN 29252 184 76 . . . 29252 185 1 less less JJR 29252 185 2 than than IN 29252 185 3 the the DT 29252 185 4 maximum maximum JJ 29252 185 5 rate rate NN 29252 185 6 in in IN 29252 185 7 the the DT 29252 185 8 House House NNP 29252 185 9 Bill Bill NNP 29252 185 10 . . . 29252 186 1 The the DT 29252 186 2 Cabinets Cabinets NNPS 29252 186 3 in in IN 29252 186 4 these these DT 29252 186 5 countries country NNS 29252 186 6 have have VBP 29252 186 7 undergone undergo VBN 29252 186 8 many many JJ 29252 186 9 changes change NNS 29252 186 10 in in IN 29252 186 11 the the DT 29252 186 12 course course NN 29252 186 13 of of IN 29252 186 14 the the DT 29252 186 15 war war NN 29252 186 16 . . . 29252 187 1 They -PRON- PRP 29252 187 2 include include VBP 29252 187 3 Socialists Socialists NNPS 29252 187 4 and and CC 29252 187 5 Representatives Representatives NNPS 29252 187 6 of of IN 29252 187 7 Labor Labor NNP 29252 187 8 . . . 29252 187 9 _ _ NNP 29252 187 10 In in IN 29252 187 11 the the DT 29252 187 12 determination determination NN 29252 187 13 of of IN 29252 187 14 their -PRON- PRP$ 29252 187 15 taxation taxation NN 29252 187 16 program program NN 29252 187 17 , , , 29252 187 18 they -PRON- PRP 29252 187 19 have have VBP 29252 187 20 had have VBN 29252 187 21 the the DT 29252 187 22 assistance assistance NN 29252 187 23 of of IN 29252 187 24 the the DT 29252 187 25 best good JJS 29252 187 26 economic economic JJ 29252 187 27 brains brain NNS 29252 187 28 in in IN 29252 187 29 Europe Europe NNP 29252 187 30 . . . 29252 188 1 Those those DT 29252 188 2 nations nation NNS 29252 188 3 have have VBP 29252 188 4 had have VBN 29252 188 5 far far RB 29252 188 6 longer long JJR 29252 188 7 experience experience NN 29252 188 8 than than IN 29252 188 9 we -PRON- PRP 29252 188 10 in in IN 29252 188 11 the the DT 29252 188 12 science science NN 29252 188 13 of of IN 29252 188 14 government government NN 29252 188 15 financing financing NN 29252 188 16 . . . 29252 189 1 Yet yet RB 29252 189 2 not not RB 29252 189 3 one one CD 29252 189 4 of of IN 29252 189 5 them -PRON- PRP 29252 189 6 has have VBZ 29252 189 7 deemed deem VBN 29252 189 8 it -PRON- PRP 29252 189 9 wise wise JJ 29252 189 10 and and CC 29252 189 11 advantageous advantageous JJ 29252 189 12 to to IN 29252 189 13 the the DT 29252 189 14 state state NN 29252 189 15 to to TO 29252 189 16 impose impose VB 29252 189 17 rates rate NNS 29252 189 18 of of IN 29252 189 19 income income NN 29252 189 20 taxation taxation NN 29252 189 21 as as RB 29252 189 22 high high JJ 29252 189 23 as as IN 29252 189 24 those those DT 29252 189 25 fixed fix VBN 29252 189 26 by by IN 29252 189 27 the the DT 29252 189 28 House House NNP 29252 189 29 of of IN 29252 189 30 Representatives Representatives NNPS 29252 189 31 . . . 29252 190 1 Surely surely RB 29252 190 2 , , , 29252 190 3 this this DT 29252 190 4 fact fact NN 29252 190 5 and and CC 29252 190 6 the the DT 29252 190 7 economic economic JJ 29252 190 8 considerations consideration NNS 29252 190 9 underlying underlie VBG 29252 190 10 it -PRON- PRP 29252 190 11 , , , 29252 190 12 are be VBP 29252 190 13 deserving deserve VBG 29252 190 14 to to TO 29252 190 15 be be VB 29252 190 16 seriously seriously RB 29252 190 17 weighed weigh VBN 29252 190 18 by by IN 29252 190 19 our -PRON- PRP$ 29252 190 20 legislators legislator NNS 29252 190 21 . . . 29252 191 1 Does do VBZ 29252 191 2 not not RB 29252 191 3 the the DT 29252 191 4 attitude attitude NN 29252 191 5 of of IN 29252 191 6 all all PDT 29252 191 7 the the DT 29252 191 8 leading lead VBG 29252 191 9 countries country NNS 29252 191 10 plainly plainly RB 29252 191 11 indicate indicate VBP 29252 191 12 their -PRON- PRP$ 29252 191 13 recognition recognition NN 29252 191 14 of of IN 29252 191 15 the the DT 29252 191 16 fact fact NN 29252 191 17 that that IN 29252 191 18 the the DT 29252 191 19 action action NN 29252 191 20 and and CC 29252 191 21 reaction reaction NN 29252 191 22 of of IN 29252 191 23 excessive excessive JJ 29252 191 24 income income NN 29252 191 25 taxation taxation NN 29252 191 26 create create VBP 29252 191 27 a a DT 29252 191 28 vicious vicious JJ 29252 191 29 circle circle NN 29252 191 30 from from IN 29252 191 31 which which WDT 29252 191 32 the the DT 29252 191 33 governments government NNS 29252 191 34 of of IN 29252 191 35 all all DT 29252 191 36 belligerent belligerent JJ 29252 191 37 nations nation NNS 29252 191 38 even even RB 29252 191 39 in in IN 29252 191 40 their -PRON- PRP$ 29252 191 41 extremity extremity NN 29252 191 42 have have VBP 29252 191 43 shrunk shrink VBN 29252 191 44 ? ? . 29252 192 1 And and CC 29252 192 2 is be VBZ 29252 192 3 it -PRON- PRP 29252 192 4 not not RB 29252 192 5 a a DT 29252 192 6 manifest manif JJS 29252 192 7 dictate dictate NN 29252 192 8 of of IN 29252 192 9 reason reason NN 29252 192 10 that that IN 29252 192 11 such such JJ 29252 192 12 burden burden NN 29252 192 13 of of IN 29252 192 14 taxation taxation NN 29252 192 15 as as IN 29252 192 16 must must MD 29252 192 17 be be VB 29252 192 18 borne bear VBN 29252 192 19 should should MD 29252 192 20 be be VB 29252 192 21 imposed impose VBN 29252 192 22 gradually gradually RB 29252 192 23 , , , 29252 192 24 as as IN 29252 192 25 was be VBD 29252 192 26 in in IN 29252 192 27 fact fact NN 29252 192 28 done do VBN 29252 192 29 everywhere everywhere RB 29252 192 30 in in IN 29252 192 31 Europe Europe NNP 29252 192 32 , , , 29252 192 33 so so IN 29252 192 34 as as IN 29252 192 35 to to TO 29252 192 36 give give VB 29252 192 37 to to IN 29252 192 38 all all DT 29252 192 39 concerned concern VBN 29252 192 40 a a DT 29252 192 41 chance chance NN 29252 192 42 to to TO 29252 192 43 adjust adjust VB 29252 192 44 themselves -PRON- PRP 29252 192 45 to to IN 29252 192 46 the the DT 29252 192 47 new new JJ 29252 192 48 conditions condition NNS 29252 192 49 , , , 29252 192 50 and and CC 29252 192 51 not not RB 29252 192 52 with with IN 29252 192 53 one one CD 29252 192 54 violent violent JJ 29252 192 55 jerk jerk NN 29252 192 56 ? ? . 29252 193 1 England England NNP 29252 193 2 imposed impose VBD 29252 193 3 her -PRON- PRP$ 29252 193 4 present present JJ 29252 193 5 rate rate NN 29252 193 6 of of IN 29252 193 7 income income NN 29252 193 8 and and CC 29252 193 9 excess excess JJ 29252 193 10 profit profit NN 29252 193 11 taxes taxis NNS 29252 193 12 not not RB 29252 193 13 in in IN 29252 193 14 the the DT 29252 193 15 first first JJ 29252 193 16 year year NN 29252 193 17 of of IN 29252 193 18 the the DT 29252 193 19 war war NN 29252 193 20 , , , 29252 193 21 but but CC 29252 193 22 started start VBD 29252 193 23 on on IN 29252 193 24 a a DT 29252 193 25 much much RB 29252 193 26 lower low JJR 29252 193 27 scale scale NN 29252 193 28 and and CC 29252 193 29 by by IN 29252 193 30 successive successive JJ 29252 193 31 steps step NNS 29252 193 32 , , , 29252 193 33 in in IN 29252 193 34 the the DT 29252 193 35 course course NN 29252 193 36 of of IN 29252 193 37 nearly nearly RB 29252 193 38 three three CD 29252 193 39 years year NNS 29252 193 40 , , , 29252 193 41 attained attain VBD 29252 193 42 the the DT 29252 193 43 figures figure NNS 29252 193 44 now now RB 29252 193 45 prevailing prevail VBG 29252 193 46 . . . 29252 194 1 We -PRON- PRP 29252 194 2 know know VBP 29252 194 3 that that DT 29252 194 4 man man NN 29252 194 5 and and CC 29252 194 6 beast beast NN 29252 194 7 are be VBP 29252 194 8 capable capable JJ 29252 194 9 of of IN 29252 194 10 carrying carry VBG 29252 194 11 far far RB 29252 194 12 heavier heavy JJR 29252 194 13 weights weight NNS 29252 194 14 if if IN 29252 194 15 the the DT 29252 194 16 strain strain NN 29252 194 17 is be VBZ 29252 194 18 gradually gradually RB 29252 194 19 increased increase VBN 29252 194 20 than than IN 29252 194 21 if if IN 29252 194 22 the the DT 29252 194 23 whole whole NN 29252 194 24 of of IN 29252 194 25 the the DT 29252 194 26 burden burden NN 29252 194 27 is be VBZ 29252 194 28 dumped dump VBN 29252 194 29 on on IN 29252 194 30 their -PRON- PRP$ 29252 194 31 backs back NNS 29252 194 32 at at IN 29252 194 33 once once RB 29252 194 34 . . . 29252 195 1 The the DT 29252 195 2 same same JJ 29252 195 3 holds hold VBZ 29252 195 4 good good JJ 29252 195 5 of of IN 29252 195 6 economic economic JJ 29252 195 7 strain strain NN 29252 195 8 . . . 29252 196 1 Is be VBZ 29252 196 2 it -PRON- PRP 29252 196 3 not not RB 29252 196 4 plain plain JJ 29252 196 5 that that IN 29252 196 6 if if IN 29252 196 7 the the DT 29252 196 8 unprecedentedly unprecedentedly RB 29252 196 9 high high JJ 29252 196 10 income income NN 29252 196 11 taxation taxation NN 29252 196 12 of of IN 29252 196 13 the the DT 29252 196 14 House House NNP 29252 196 15 Bill Bill NNP 29252 196 16 -- -- : 29252 196 17 exceeding exceed VBG 29252 196 18 as as IN 29252 196 19 it -PRON- PRP 29252 196 20 does do VBZ 29252 196 21 any any DT 29252 196 22 rates rate NNS 29252 196 23 ever ever RB 29252 196 24 imposed impose VBN 29252 196 25 by by IN 29252 196 26 any any DT 29252 196 27 of of IN 29252 196 28 the the DT 29252 196 29 leading lead VBG 29252 196 30 nations nation NNS 29252 196 31 of of IN 29252 196 32 the the DT 29252 196 33 world world NN 29252 196 34 -- -- : 29252 196 35 is be VBZ 29252 196 36 enacted enact VBN 29252 196 37 into into IN 29252 196 38 law law NN 29252 196 39 , , , 29252 196 40 the the DT 29252 196 41 Government Government NNP 29252 196 42 will will MD 29252 196 43 find find VB 29252 196 44 itself -PRON- PRP 29252 196 45 crippled crippled JJ 29252 196 46 in in IN 29252 196 47 respect respect NN 29252 196 48 of of IN 29252 196 49 taxable taxable JJ 29252 196 50 resources resource NNS 29252 196 51 during during IN 29252 196 52 the the DT 29252 196 53 second second JJ 29252 196 54 year year NN 29252 196 55 of of IN 29252 196 56 the the DT 29252 196 57 war war NN 29252 196 58 ; ; : 29252 196 59 the the DT 29252 196 60 very very JJ 29252 196 61 year year NN 29252 196 62 which which WDT 29252 196 63 , , , 29252 196 64 if if IN 29252 196 65 the the DT 29252 196 66 war war NN 29252 196 67 does do VBZ 29252 196 68 last last VB 29252 196 69 beyond beyond IN 29252 196 70 the the DT 29252 196 71 present present JJ 29252 196 72 one one NN 29252 196 73 , , , 29252 196 74 will will MD 29252 196 75 presumably presumably RB 29252 196 76 be be VB 29252 196 77 the the DT 29252 196 78 crucial crucial JJ 29252 196 79 period period NN 29252 196 80 . . . 29252 197 1 Of of RB 29252 197 2 course course RB 29252 197 3 , , , 29252 197 4 the the DT 29252 197 5 cost cost NN 29252 197 6 of of IN 29252 197 7 the the DT 29252 197 8 war war NN 29252 197 9 must must MD 29252 197 10 be be VB 29252 197 11 laid lay VBN 29252 197 12 according accord VBG 29252 197 13 to to IN 29252 197 14 the the DT 29252 197 15 capacity capacity NN 29252 197 16 to to TO 29252 197 17 bear bear VB 29252 197 18 it -PRON- PRP 29252 197 19 . . . 29252 198 1 It -PRON- PRP 29252 198 2 would would MD 29252 198 3 be be VB 29252 198 4 fatuous fatuous JJ 29252 198 5 folly folly NN 29252 198 6 and and CC 29252 198 7 crass crass JJ 29252 198 8 selfishness selfishness NN 29252 198 9 to to TO 29252 198 10 wish wish VB 29252 198 11 it -PRON- PRP 29252 198 12 laid lay VBN 29252 198 13 or or CC 29252 198 14 endeavor endeavor VB 29252 198 15 to to TO 29252 198 16 have have VB 29252 198 17 it -PRON- PRP 29252 198 18 laid lay VBN 29252 198 19 otherwise otherwise RB 29252 198 20 . . . 29252 199 1 All all DT 29252 199 2 I -PRON- PRP 29252 199 3 am be VBP 29252 199 4 advocating advocate VBG 29252 199 5 in in IN 29252 199 6 effect effect NN 29252 199 7 is be VBZ 29252 199 8 that that IN 29252 199 9 in in IN 29252 199 10 the the DT 29252 199 11 public public JJ 29252 199 12 interest interest NN 29252 199 13 not not RB 29252 199 14 too too RB 29252 199 15 much much RB 29252 199 16 be be VB 29252 199 17 exacted exact VBN 29252 199 18 at at IN 29252 199 19 once once RB 29252 199 20 , , , 29252 199 21 but but CC 29252 199 22 that that IN 29252 199 23 by by IN 29252 199 24 dividing divide VBG 29252 199 25 the the DT 29252 199 26 burden burden NN 29252 199 27 over over IN 29252 199 28 a a DT 29252 199 29 reasonable reasonable JJ 29252 199 30 number number NN 29252 199 31 of of IN 29252 199 32 years year NNS 29252 199 33 , , , 29252 199 34 capital capital NN 29252 199 35 in in IN 29252 199 36 no no DT 29252 199 37 one one CD 29252 199 38 year year NN 29252 199 39 and and CC 29252 199 40 especially especially RB 29252 199 41 not not RB 29252 199 42 during during IN 29252 199 43 the the DT 29252 199 44 first first JJ 29252 199 45 year year NN 29252 199 46 of of IN 29252 199 47 the the DT 29252 199 48 war war NN 29252 199 49 , , , 29252 199 50 should should MD 29252 199 51 be be VB 29252 199 52 so so RB 29252 199 53 excessively excessively RB 29252 199 54 taxed tax VBN 29252 199 55 as as IN 29252 199 56 to to TO 29252 199 57 produce produce VB 29252 199 58 an an DT 29252 199 59 unscientific unscientific JJ 29252 199 60 and and CC 29252 199 61 dangerous dangerous JJ 29252 199 62 strain strain NN 29252 199 63 . . . 29252 200 1 In in IN 29252 200 2 addition addition NN 29252 200 3 to to IN 29252 200 4 the the DT 29252 200 5 concrete concrete JJ 29252 200 6 factors factor NNS 29252 200 7 , , , 29252 200 8 there there EX 29252 200 9 enter enter VBP 29252 200 10 into into IN 29252 200 11 this this DT 29252 200 12 question question NN 29252 200 13 certain certain JJ 29252 200 14 psychological psychological JJ 29252 200 15 elements element NNS 29252 200 16 of of IN 29252 200 17 a a DT 29252 200 18 somewhat somewhat RB 29252 200 19 subtle subtle JJ 29252 200 20 character character NN 29252 200 21 , , , 29252 200 22 but but CC 29252 200 23 sufficiently sufficiently RB 29252 200 24 definite definite JJ 29252 200 25 and and CC 29252 200 26 potent potent JJ 29252 200 27 to to TO 29252 200 28 be be VB 29252 200 29 plainly plainly RB 29252 200 30 discernible discernible JJ 29252 200 31 to to IN 29252 200 32 those those DT 29252 200 33 who who WP 29252 200 34 are be VBP 29252 200 35 experienced experience VBN 29252 200 36 in in IN 29252 200 37 dealing deal VBG 29252 200 38 with with IN 29252 200 39 business business NN 29252 200 40 affairs affair NNS 29252 200 41 and and CC 29252 200 42 with with IN 29252 200 43 men man NNS 29252 200 44 of of IN 29252 200 45 business business NN 29252 200 46 , , , 29252 200 47 large large JJ 29252 200 48 and and CC 29252 200 49 small small JJ 29252 200 50 . . . 29252 201 1 I -PRON- PRP 29252 201 2 believe believe VBP 29252 201 3 an an DT 29252 201 4 income income NN 29252 201 5 tax tax NN 29252 201 6 greatly greatly RB 29252 201 7 increased increase VBD 29252 201 8 over over IN 29252 201 9 the the DT 29252 201 10 rates rate NNS 29252 201 11 heretofore heretofore RB 29252 201 12 prevailing prevail VBG 29252 201 13 , , , 29252 201 14 yet yet CC 29252 201 15 keeping keep VBG 29252 201 16 within within IN 29252 201 17 the the DT 29252 201 18 bounds bound NNS 29252 201 19 of of IN 29252 201 20 moderation moderation NN 29252 201 21 , , , 29252 201 22 would would MD 29252 201 23 produce produce VB 29252 201 24 at at IN 29252 201 25 least least JJS 29252 201 26 as as IN 29252 201 27 large large JJ 29252 201 28 a a DT 29252 201 29 total total JJ 29252 201 30 revenue revenue NN 29252 201 31 as as IN 29252 201 32 an an DT 29252 201 33 exceedingly exceedingly RB 29252 201 34 high high JJ 29252 201 35 one one CD 29252 201 36 . . . 29252 202 1 And and CC 29252 202 2 the the DT 29252 202 3 consequences consequence NNS 29252 202 4 of of IN 29252 202 5 the the DT 29252 202 6 economic economic JJ 29252 202 7 error error NN 29252 202 8 of of IN 29252 202 9 placing place VBG 29252 202 10 too too RB 29252 202 11 vast vast JJ 29252 202 12 a a DT 29252 202 13 burden burden NN 29252 202 14 direct direct JJ 29252 202 15 upon upon IN 29252 202 16 incomes income NNS 29252 202 17 would would MD 29252 202 18 be be VB 29252 202 19 more more RBR 29252 202 20 serious serious JJ 29252 202 21 , , , 29252 202 22 I -PRON- PRP 29252 202 23 think think VBP 29252 202 24 , , , 29252 202 25 to to IN 29252 202 26 the the DT 29252 202 27 people people NNS 29252 202 28 in in IN 29252 202 29 general general JJ 29252 202 30 than than IN 29252 202 31 to to IN 29252 202 32 the the DT 29252 202 33 individuals individual NNS 29252 202 34 directly directly RB 29252 202 35 concerned concern VBN 29252 202 36 . . . 29252 203 1 The the DT 29252 203 2 question question NN 29252 203 3 of of IN 29252 203 4 the the DT 29252 203 5 individual individual NN 29252 203 6 is be VBZ 29252 203 7 not not RB 29252 203 8 the the DT 29252 203 9 principal principal JJ 29252 203 10 one one CD 29252 203 11 . . . 29252 204 1 The the DT 29252 204 2 essential essential JJ 29252 204 3 thing thing NN 29252 204 4 is be VBZ 29252 204 5 that that IN 29252 204 6 no no DT 29252 204 7 undue undue JJ 29252 204 8 strain strain NN 29252 204 9 be be VBP 29252 204 10 placed place VBN 29252 204 11 upon upon IN 29252 204 12 that that DT 29252 204 13 great great JJ 29252 204 14 fund fund NN 29252 204 15 of of IN 29252 204 16 capital capital NN 29252 204 17 as as IN 29252 204 18 a a DT 29252 204 19 whole whole NN 29252 204 20 which which WDT 29252 204 21 is be VBZ 29252 204 22 derived derive VBN 29252 204 23 from from IN 29252 204 24 incomes income NNS 29252 204 25 of of IN 29252 204 26 all all DT 29252 204 27 kinds kind NNS 29252 204 28 . . . 29252 205 1 It -PRON- PRP 29252 205 2 is be VBZ 29252 205 3 this this DT 29252 205 4 fund fund NN 29252 205 5 which which WDT 29252 205 6 in in IN 29252 205 7 its -PRON- PRP$ 29252 205 8 turn turn NN 29252 205 9 is be VBZ 29252 205 10 one one CD 29252 205 11 of of IN 29252 205 12 the the DT 29252 205 13 vital vital JJ 29252 205 14 forces force NNS 29252 205 15 necessary necessary JJ 29252 205 16 for for IN 29252 205 17 the the DT 29252 205 18 normal normal JJ 29252 205 19 activities activity NNS 29252 205 20 and and CC 29252 205 21 progress progress NN 29252 205 22 of of IN 29252 205 23 industry industry NN 29252 205 24 . . . 29252 206 1 If if IN 29252 206 2 that that DT 29252 206 3 fund fund NN 29252 206 4 is be VBZ 29252 206 5 suddenly suddenly RB 29252 206 6 and and CC 29252 206 7 too too RB 29252 206 8 greatly greatly RB 29252 206 9 reduced reduce VBN 29252 206 10 , , , 29252 206 11 the the DT 29252 206 12 effect effect NN 29252 206 13 upon upon IN 29252 206 14 commerce commerce NN 29252 206 15 and and CC 29252 206 16 industry industry NN 29252 206 17 is be VBZ 29252 206 18 liable liable JJ 29252 206 19 to to TO 29252 206 20 be be VB 29252 206 21 abrupt abrupt JJ 29252 206 22 and and CC 29252 206 23 withering wither VBG 29252 206 24 . . . 29252 207 1 I -PRON- PRP 29252 207 2 yield yield VBP 29252 207 3 to to IN 29252 207 4 no no DT 29252 207 5 one one NN 29252 207 6 in in IN 29252 207 7 my -PRON- PRP$ 29252 207 8 desire desire NN 29252 207 9 to to TO 29252 207 10 see see VB 29252 207 11 the the DT 29252 207 12 burden burden NN 29252 207 13 upon upon IN 29252 207 14 the the DT 29252 207 15 poor poor JJ 29252 207 16 and and CC 29252 207 17 those those DT 29252 207 18 of of IN 29252 207 19 moderate moderate JJ 29252 207 20 means mean NNS 29252 207 21 lightened lighten VBN 29252 207 22 to to IN 29252 207 23 the the DT 29252 207 24 utmost utmost JJ 29252 207 25 extent extent NN 29252 207 26 possible possible JJ 29252 207 27 . . . 29252 208 1 I -PRON- PRP 29252 208 2 realize realize VBP 29252 208 3 but but CC 29252 208 4 too too RB 29252 208 5 well well RB 29252 208 6 that that IN 29252 208 7 the the DT 29252 208 8 load load NN 29252 208 9 weighing weigh VBG 29252 208 10 at at IN 29252 208 11 this this DT 29252 208 12 time time NN 29252 208 13 upon upon IN 29252 208 14 wage wage NN 29252 208 15 earners earner NNS 29252 208 16 and and CC 29252 208 17 still still RB 29252 208 18 more more JJR 29252 208 19 perhaps perhaps RB 29252 208 20 upon upon IN 29252 208 21 men man NNS 29252 208 22 and and CC 29252 208 23 women woman NNS 29252 208 24 with with IN 29252 208 25 moderate moderate JJ 29252 208 26 salaries salary NNS 29252 208 27 is be VBZ 29252 208 28 almost almost RB 29252 208 29 too too RB 29252 208 30 great great JJ 29252 208 31 to to TO 29252 208 32 be be VB 29252 208 33 borne bear VBN 29252 208 34 and and CC 29252 208 35 certainly certainly RB 29252 208 36 much much RB 29252 208 37 greater great JJR 29252 208 38 than than IN 29252 208 39 it -PRON- PRP 29252 208 40 should should MD 29252 208 41 be be VB 29252 208 42 . . . 29252 209 1 I -PRON- PRP 29252 209 2 wish wish VBP 29252 209 3 a a DT 29252 209 4 commission commission NN 29252 209 5 might may MD 29252 209 6 be be VB 29252 209 7 appointed appoint VBN 29252 209 8 , , , 29252 209 9 consisting consist VBG 29252 209 10 of of IN 29252 209 11 those those DT 29252 209 12 best good JJS 29252 209 13 qualified qualify VBN 29252 209 14 in in IN 29252 209 15 the the DT 29252 209 16 entire entire JJ 29252 209 17 country country NN 29252 209 18 , , , 29252 209 19 to to TO 29252 209 20 apply apply VB 29252 209 21 themselves -PRON- PRP 29252 209 22 to to IN 29252 209 23 this this DT 29252 209 24 most most RBS 29252 209 25 serious serious JJ 29252 209 26 , , , 29252 209 27 difficult difficult JJ 29252 209 28 and and CC 29252 209 29 complex complex JJ 29252 209 30 problem problem NN 29252 209 31 , , , 29252 209 32 indeed indeed RB 29252 209 33 to to IN 29252 209 34 the the DT 29252 209 35 entire entire JJ 29252 209 36 problem problem NN 29252 209 37 of of IN 29252 209 38 excessively excessively RB 29252 209 39 high high JJ 29252 209 40 prices price NNS 29252 209 41 . . . 29252 210 1 I -PRON- PRP 29252 210 2 hope hope VBP 29252 210 3 they -PRON- PRP 29252 210 4 would would MD 29252 210 5 discover discover VB 29252 210 6 means mean NNS 29252 210 7 , , , 29252 210 8 if if IN 29252 210 9 not not RB 29252 210 10 to to TO 29252 210 11 remedy remedy VB 29252 210 12 the the DT 29252 210 13 situation situation NN 29252 210 14 entirely entirely RB 29252 210 15 , , , 29252 210 16 at at IN 29252 210 17 least least RBS 29252 210 18 to to TO 29252 210 19 alleviate alleviate VB 29252 210 20 it -PRON- PRP 29252 210 21 . . . 29252 211 1 But but CC 29252 211 2 I -PRON- PRP 29252 211 3 am be VBP 29252 211 4 convinced convinced JJ 29252 211 5 that that IN 29252 211 6 relief relief NN 29252 211 7 can can MD 29252 211 8 not not RB 29252 211 9 be be VB 29252 211 10 found find VBN 29252 211 11 in in IN 29252 211 12 taxation taxation NN 29252 211 13 of of IN 29252 211 14 incomes income NNS 29252 211 15 at at IN 29252 211 16 rates rate NNS 29252 211 17 without without IN 29252 211 18 a a DT 29252 211 19 parallel parallel NN 29252 211 20 anywhere anywhere RB 29252 211 21 , , , 29252 211 22 and and CC 29252 211 23 in in IN 29252 211 24 unduly unduly RB 29252 211 25 burdensome burdensome JJ 29252 211 26 imposts impost NNS 29252 211 27 upon upon IN 29252 211 28 business business NN 29252 211 29 activities activity NNS 29252 211 30 . . . 29252 212 1 I -PRON- PRP 29252 212 2 am be VBP 29252 212 3 convinced convinced JJ 29252 212 4 that that IN 29252 212 5 certain certain JJ 29252 212 6 theories theory NNS 29252 212 7 being be VBG 29252 212 8 urged urge VBN 29252 212 9 upon upon IN 29252 212 10 Congress Congress NNP 29252 212 11 and and CC 29252 212 12 the the DT 29252 212 13 people people NNS 29252 212 14 and and CC 29252 212 15 to to TO 29252 212 16 which which WDT 29252 212 17 the the DT 29252 212 18 House House NNP 29252 212 19 War War NNP 29252 212 20 Revenue Revenue NNP 29252 212 21 measure measure NN 29252 212 22 is be VBZ 29252 212 23 in in IN 29252 212 24 part part NN 29252 212 25 responsive responsive JJ 29252 212 26 , , , 29252 212 27 while while IN 29252 212 28 doubtless doubtless RB 29252 212 29 meant mean VBD 29252 212 30 to to TO 29252 212 31 tend tend VB 29252 212 32 and and CC 29252 212 33 seemingly seemingly RB 29252 212 34 tending tend VBG 29252 212 35 to to IN 29252 212 36 a a DT 29252 212 37 desirable desirable JJ 29252 212 38 consummation consummation NN 29252 212 39 , , , 29252 212 40 are be VBP 29252 212 41 in in IN 29252 212 42 fact fact NN 29252 212 43 bound bind VBN 29252 212 44 , , , 29252 212 45 in in IN 29252 212 46 their -PRON- PRP$ 29252 212 47 longer long JJR 29252 212 48 effect effect NN 29252 212 49 , , , 29252 212 50 to to TO 29252 212 51 bring bring VB 29252 212 52 about about RP 29252 212 53 results result NNS 29252 212 54 harmful harmful JJ 29252 212 55 to to IN 29252 212 56 the the DT 29252 212 57 community community NN 29252 212 58 at at IN 29252 212 59 large large JJ 29252 212 60 , , , 29252 212 61 rich rich JJ 29252 212 62 and and CC 29252 212 63 poor poor JJ 29252 212 64 alike alike RB 29252 212 65 . . . 29252 213 1 It -PRON- PRP 29252 213 2 is be VBZ 29252 213 3 only only RB 29252 213 4 that that IN 29252 213 5 conviction conviction NN 29252 213 6 which which WDT 29252 213 7 has have VBZ 29252 213 8 emboldened embolden VBN 29252 213 9 me -PRON- PRP 29252 213 10 to to TO 29252 213 11 state state VB 29252 213 12 my -PRON- PRP$ 29252 213 13 views view NNS 29252 213 14 publicly publicly RB 29252 213 15 . . . 29252 214 1 In in IN 29252 214 2 doing do VBG 29252 214 3 so so RB 29252 214 4 I -PRON- PRP 29252 214 5 fully fully RB 29252 214 6 realized realize VBD 29252 214 7 that that IN 29252 214 8 I -PRON- PRP 29252 214 9 was be VBD 29252 214 10 running run VBG 29252 214 11 the the DT 29252 214 12 risk risk NN 29252 214 13 of of IN 29252 214 14 having have VBG 29252 214 15 my -PRON- PRP$ 29252 214 16 action action NN 29252 214 17 misunderstood misunderstood NN 29252 214 18 or or CC 29252 214 19 misconstrued misconstrue VBD 29252 214 20 , , , 29252 214 21 and and CC 29252 214 22 to to TO 29252 214 23 be be VB 29252 214 24 charged charge VBN 29252 214 25 with with IN 29252 214 26 selfishness selfishness NN 29252 214 27 and and CC 29252 214 28 lack lack NN 29252 214 29 of of IN 29252 214 30 patriotism patriotism NN 29252 214 31 . . . 29252 215 1 Yet yet CC 29252 215 2 , , , 29252 215 3 I -PRON- PRP 29252 215 4 feel feel VBP 29252 215 5 certain certain JJ 29252 215 6 that that IN 29252 215 7 in in IN 29252 215 8 the the DT 29252 215 9 end end NN 29252 215 10 just just RB 29252 215 11 recognition recognition NN 29252 215 12 of of IN 29252 215 13 their -PRON- PRP$ 29252 215 14 motives motive NNS 29252 215 15 will will MD 29252 215 16 not not RB 29252 215 17 be be VB 29252 215 18 withheld withhold VBN 29252 215 19 from from IN 29252 215 20 those those DT 29252 215 21 who who WP 29252 215 22 , , , 29252 215 23 in in IN 29252 215 24 defiance defiance NN 29252 215 25 of of IN 29252 215 26 the the DT 29252 215 27 fleeting fleeting JJ 29252 215 28 popularity popularity NN 29252 215 29 of of IN 29252 215 30 the the DT 29252 215 31 plausible plausible JJ 29252 215 32 , , , 29252 215 33 venture venture NN 29252 215 34 to to TO 29252 215 35 point point VB 29252 215 36 out out RP 29252 215 37 the the DT 29252 215 38 dangers danger NNS 29252 215 39 of of IN 29252 215 40 impetuous impetuous JJ 29252 215 41 action action NN 29252 215 42 , , , 29252 215 43 however however RB 29252 215 44 well well RB 29252 215 45 intentioned intentioned JJ 29252 215 46 , , , 29252 215 47 in in IN 29252 215 48 the the DT 29252 215 49 present present JJ 29252 215 50 emergency emergency NN 29252 215 51 , , , 29252 215 52 and and CC 29252 215 53 to to TO 29252 215 54 urge urge VB 29252 215 55 that that DT 29252 215 56 moderation moderation NN 29252 215 57 and and CC 29252 215 58 that that DT 29252 215 59 regard regard NN 29252 215 60 for for IN 29252 215 61 the the DT 29252 215 62 lessons lesson NNS 29252 215 63 of of IN 29252 215 64 history history NN 29252 215 65 and and CC 29252 215 66 of of IN 29252 215 67 economics economic NNS 29252 215 68 which which WDT 29252 215 69 can can MD 29252 215 70 be be VB 29252 215 71 left leave VBN 29252 215 72 aside aside RB 29252 215 73 only only RB 29252 215 74 at at IN 29252 215 75 the the DT 29252 215 76 peril peril NN 29252 215 77 of of IN 29252 215 78 the the DT 29252 215 79 general general JJ 29252 215 80 welfare welfare NN 29252 215 81 . . . 29252 216 1 Very very RB 29252 216 2 faithfully faithfully RB 29252 216 3 yours -PRON- PRP 29252 216 4 , , , 29252 216 5 ( ( -LRB- 29252 216 6 _ _ NNP 29252 216 7 Signed Signed NNP 29252 216 8 _ _ NNP 29252 216 9 ) ) -RRB- 29252 216 10 OTTO OTTO NNP 29252 216 11 H. H. NNP 29252 216 12 KAHN KAHN NNP 29252 216 13 P.S.--That p.s.--that CD 29252 216 14 you -PRON- PRP 29252 216 15 or or CC 29252 216 16 any any DT 29252 216 17 one one CD 29252 216 18 else else RB 29252 216 19 should should MD 29252 216 20 even even RB 29252 216 21 for for IN 29252 216 22 a a DT 29252 216 23 moment moment NN 29252 216 24 attach attach NN 29252 216 25 credence credence NN 29252 216 26 to to IN 29252 216 27 the the DT 29252 216 28 monstrous monstrous JJ 29252 216 29 suggestion suggestion NN 29252 216 30 that that WDT 29252 216 31 capitalists capitalist NNS 29252 216 32 fomented foment VBD 29252 216 33 America America NNP 29252 216 34 's 's POS 29252 216 35 entrance entrance NN 29252 216 36 into into IN 29252 216 37 the the DT 29252 216 38 war war NN 29252 216 39 because because IN 29252 216 40 they -PRON- PRP 29252 216 41 feared fear VBD 29252 216 42 that that IN 29252 216 43 otherwise otherwise RB 29252 216 44 the the DT 29252 216 45 amounts amount NNS 29252 216 46 loaned loan VBN 29252 216 47 by by IN 29252 216 48 them -PRON- PRP 29252 216 49 to to IN 29252 216 50 the the DT 29252 216 51 Allies Allies NNPS 29252 216 52 might may MD 29252 216 53 be be VB 29252 216 54 jeopardized jeopardize VBN 29252 216 55 or or CC 29252 216 56 lost lose VBN 29252 216 57 , , , 29252 216 58 is be VBZ 29252 216 59 a a DT 29252 216 60 truly truly RB 29252 216 61 distressing distressing JJ 29252 216 62 manifestation manifestation NN 29252 216 63 of of IN 29252 216 64 the the DT 29252 216 65 willingness willingness NN 29252 216 66 of of IN 29252 216 67 some some DT 29252 216 68 of of IN 29252 216 69 our -PRON- PRP$ 29252 216 70 people people NNS 29252 216 71 -- -- : 29252 216 72 I -PRON- PRP 29252 216 73 trust trust VBP 29252 216 74 not not RB 29252 216 75 many many JJ 29252 216 76 -- -- : 29252 216 77 to to TO 29252 216 78 believe believe VB 29252 216 79 evil evil NN 29252 216 80 of of IN 29252 216 81 men man NNS 29252 216 82 simply simply RB 29252 216 83 because because IN 29252 216 84 they -PRON- PRP 29252 216 85 have have VBP 29252 216 86 been be VBN 29252 216 87 materially materially RB 29252 216 88 successful successful JJ 29252 216 89 . . . 29252 217 1 Leaving leave VBG 29252 217 2 aside aside RB 29252 217 3 the the DT 29252 217 4 cruel cruel JJ 29252 217 5 injustice injustice NN 29252 217 6 of of IN 29252 217 7 such such PDT 29252 217 8 an an DT 29252 217 9 imputation imputation NN 29252 217 10 , , , 29252 217 11 it -PRON- PRP 29252 217 12 attributes attribute VBZ 29252 217 13 to to IN 29252 217 14 moneyed moneyed JJ 29252 217 15 men man NNS 29252 217 16 a a DT 29252 217 17 degree degree NN 29252 217 18 of of IN 29252 217 19 stupidity stupidity NN 29252 217 20 and and CC 29252 217 21 of of IN 29252 217 22 ignorance ignorance NN 29252 217 23 as as IN 29252 217 24 to to IN 29252 217 25 their -PRON- PRP$ 29252 217 26 own own JJ 29252 217 27 interests interest NNS 29252 217 28 , , , 29252 217 29 of of IN 29252 217 30 which which WDT 29252 217 31 they -PRON- PRP 29252 217 32 are be VBP 29252 217 33 not not RB 29252 217 34 usually usually RB 29252 217 35 held hold VBN 29252 217 36 guilty guilty JJ 29252 217 37 . . . 29252 218 1 America America NNP 29252 218 2 loaned loan VBD 29252 218 3 to to IN 29252 218 4 the the DT 29252 218 5 Allied Allied NNP 29252 218 6 nations nation NNS 29252 218 7 , , , 29252 218 8 prior prior RB 29252 218 9 to to IN 29252 218 10 our -PRON- PRP$ 29252 218 11 entrance entrance NN 29252 218 12 into into IN 29252 218 13 the the DT 29252 218 14 war war NN 29252 218 15 , , , 29252 218 16 roughly roughly RB 29252 218 17 speaking speak VBG 29252 218 18 , , , 29252 218 19 $ $ $ 29252 218 20 2,000,000,000 2,000,000,000 CD 29252 218 21 , , , 29252 218 22 of of IN 29252 218 23 which which WDT 29252 218 24 sum sum NN 29252 218 25 all all DT 29252 218 26 but but IN 29252 218 27 a a DT 29252 218 28 small small JJ 29252 218 29 fraction fraction NN 29252 218 30 was be VBD 29252 218 31 loaned loan VBN 29252 218 32 to to IN 29252 218 33 England England NNP 29252 218 34 and and CC 29252 218 35 France France NNP 29252 218 36 . . . 29252 219 1 These these DT 29252 219 2 loans loan NNS 29252 219 3 were be VBD 29252 219 4 made make VBN 29252 219 5 almost almost RB 29252 219 6 entirely entirely RB 29252 219 7 in in IN 29252 219 8 the the DT 29252 219 9 shape shape NN 29252 219 10 of of IN 29252 219 11 bond bond NN 29252 219 12 issues issue NNS 29252 219 13 which which WDT 29252 219 14 were be VBD 29252 219 15 widely widely RB 29252 219 16 distributed distribute VBN 29252 219 17 amongst amongst IN 29252 219 18 individuals individual NNS 29252 219 19 and and CC 29252 219 20 institutions institution NNS 29252 219 21 throughout throughout IN 29252 219 22 this this DT 29252 219 23 country country NN 29252 219 24 . . . 29252 220 1 Therefore therefore RB 29252 220 2 , , , 29252 220 3 no no DT 29252 220 4 very very RB 29252 220 5 large large JJ 29252 220 6 portion portion NN 29252 220 7 of of IN 29252 220 8 the the DT 29252 220 9 aggregate aggregate NN 29252 220 10 is be VBZ 29252 220 11 in in IN 29252 220 12 the the DT 29252 220 13 hands hand NNS 29252 220 14 of of IN 29252 220 15 any any DT 29252 220 16 one one CD 29252 220 17 person person NN 29252 220 18 or or CC 29252 220 19 institution institution NN 29252 220 20 . . . 29252 221 1 To to IN 29252 221 2 any any DT 29252 221 3 one one NN 29252 221 4 acquainted acquaint VBN 29252 221 5 with with IN 29252 221 6 financial financial JJ 29252 221 7 affairs affair NNS 29252 221 8 it -PRON- PRP 29252 221 9 is be VBZ 29252 221 10 absolutely absolutely RB 29252 221 11 inconceivable inconceivable JJ 29252 221 12 that that IN 29252 221 13 England England NNP 29252 221 14 or or CC 29252 221 15 France France NNP 29252 221 16 would would MD 29252 221 17 have have VB 29252 221 18 defaulted default VBN 29252 221 19 on on IN 29252 221 20 the the DT 29252 221 21 relatively relatively RB 29252 221 22 moderate moderate JJ 29252 221 23 amount amount NN 29252 221 24 of of IN 29252 221 25 their -PRON- PRP$ 29252 221 26 foreign foreign JJ 29252 221 27 debt debt NN 29252 221 28 , , , 29252 221 29 whatever whatever WDT 29252 221 30 might may MD 29252 221 31 have have VB 29252 221 32 been be VBN 29252 221 33 the the DT 29252 221 34 outcome outcome NN 29252 221 35 of of IN 29252 221 36 the the DT 29252 221 37 war war NN 29252 221 38 , , , 29252 221 39 if if IN 29252 221 40 America America NNP 29252 221 41 had have VBD 29252 221 42 not not RB 29252 221 43 joined join VBN 29252 221 44 . . . 29252 222 1 Let let VB 29252 222 2 us -PRON- PRP 29252 222 3 grant grant VB 29252 222 4 , , , 29252 222 5 for for IN 29252 222 6 argument argument NN 29252 222 7 's 's POS 29252 222 8 sake sake NN 29252 222 9 , , , 29252 222 10 the the DT 29252 222 11 wildly wildly RB 29252 222 12 far far RB 29252 222 13 - - HYPH 29252 222 14 fetched fetched JJ 29252 222 15 supposition supposition NN 29252 222 16 that that IN 29252 222 17 in in IN 29252 222 18 one one CD 29252 222 19 way way NN 29252 222 20 or or CC 29252 222 21 another another DT 29252 222 22 their -PRON- PRP$ 29252 222 23 internal internal JJ 29252 222 24 debt debt NN 29252 222 25 might may MD 29252 222 26 have have VB 29252 222 27 become become VBN 29252 222 28 affected affected JJ 29252 222 29 ; ; : 29252 222 30 it -PRON- PRP 29252 222 31 would would MD 29252 222 32 still still RB 29252 222 33 be be VB 29252 222 34 utterly utterly RB 29252 222 35 inconceivable inconceivable JJ 29252 222 36 that that IN 29252 222 37 they -PRON- PRP 29252 222 38 would would MD 29252 222 39 have have VB 29252 222 40 permitted permit VBN 29252 222 41 a a DT 29252 222 42 default default NN 29252 222 43 in in IN 29252 222 44 their -PRON- PRP$ 29252 222 45 foreign foreign JJ 29252 222 46 debt debt NN 29252 222 47 , , , 29252 222 48 because because IN 29252 222 49 it -PRON- PRP 29252 222 50 is be VBZ 29252 222 51 , , , 29252 222 52 of of IN 29252 222 53 course course NN 29252 222 54 , , , 29252 222 55 suicidal suicidal JJ 29252 222 56 for for IN 29252 222 57 any any DT 29252 222 58 nation nation NN 29252 222 59 to to TO 29252 222 60 jeopardize jeopardize VB 29252 222 61 its -PRON- PRP$ 29252 222 62 world world NN 29252 222 63 credit credit NN 29252 222 64 . . . 29252 223 1 But but CC 29252 223 2 let let VB 29252 223 3 us -PRON- PRP 29252 223 4 go go VB 29252 223 5 still still RB 29252 223 6 a a DT 29252 223 7 step step NN 29252 223 8 further far RBR 29252 223 9 and and CC 29252 223 10 assume assume VB 29252 223 11 , , , 29252 223 12 in in IN 29252 223 13 defiance defiance NN 29252 223 14 of of IN 29252 223 15 all all DT 29252 223 16 reason reason NN 29252 223 17 , , , 29252 223 18 that that IN 29252 223 19 even even RB 29252 223 20 this this DT 29252 223 21 totally totally RB 29252 223 22 inconceivable inconceivable JJ 29252 223 23 thing thing NN 29252 223 24 were be VBD 29252 223 25 to to TO 29252 223 26 have have VB 29252 223 27 happened happen VBN 29252 223 28 . . . 29252 224 1 It -PRON- PRP 29252 224 2 would would MD 29252 224 3 have have VB 29252 224 4 meant mean VBN 29252 224 5 , , , 29252 224 6 of of IN 29252 224 7 course course NN 29252 224 8 , , , 29252 224 9 not not RB 29252 224 10 a a DT 29252 224 11 total total JJ 29252 224 12 and and CC 29252 224 13 irrecoverable irrecoverable JJ 29252 224 14 loss loss NN 29252 224 15 to to IN 29252 224 16 the the DT 29252 224 17 holders holder NNS 29252 224 18 of of IN 29252 224 19 obligations obligation NNS 29252 224 20 of of IN 29252 224 21 the the DT 29252 224 22 Allied allied JJ 29252 224 23 countries country NNS 29252 224 24 , , , 29252 224 25 but but CC 29252 224 26 merely merely RB 29252 224 27 a a DT 29252 224 28 more more RBR 29252 224 29 or or CC 29252 224 30 less less RBR 29252 224 31 temporary temporary JJ 29252 224 32 shrinkage shrinkage NN 29252 224 33 of of IN 29252 224 34 the the DT 29252 224 35 value value NN 29252 224 36 of of IN 29252 224 37 such such JJ 29252 224 38 holdings holding NNS 29252 224 39 . . . 29252 225 1 _ _ NNP 29252 225 2 A a DT 29252 225 3 single single JJ 29252 225 4 year year NN 29252 225 5 's 's POS 29252 225 6 war war NN 29252 225 7 taxation taxation NN 29252 225 8 will will MD 29252 225 9 take take VB 29252 225 10 out out IN 29252 225 11 of of IN 29252 225 12 the the DT 29252 225 13 pockets pocket NNS 29252 225 14 of of IN 29252 225 15 capitalists capitalist NNS 29252 225 16 a a DT 29252 225 17 great great JJ 29252 225 18 deal deal NN 29252 225 19 more more JJR 29252 225 20 than than IN 29252 225 21 they -PRON- PRP 29252 225 22 could could MD 29252 225 23 possibly possibly RB 29252 225 24 have have VB 29252 225 25 lost lose VBN 29252 225 26 through through IN 29252 225 27 depreciation depreciation NN 29252 225 28 in in IN 29252 225 29 value value NN 29252 225 30 of of IN 29252 225 31 such such JJ 29252 225 32 amount amount NN 29252 225 33 of of IN 29252 225 34 Allied Allied NNP 29252 225 35 bonds bond NNS 29252 225 36 or or CC 29252 225 37 loans loan NNS 29252 225 38 as as IN 29252 225 39 they -PRON- PRP 29252 225 40 may may MD 29252 225 41 hold hold VB 29252 225 42 . . . 29252 225 43 _ _ XX 29252 225 44 If if IN 29252 225 45 you -PRON- PRP 29252 225 46 add add VBP 29252 225 47 to to IN 29252 225 48 these these DT 29252 225 49 considerations consideration NNS 29252 225 50 the the DT 29252 225 51 circumstance circumstance NN 29252 225 52 that that WDT 29252 225 53 , , , 29252 225 54 owing owe VBG 29252 225 55 to to IN 29252 225 56 the the DT 29252 225 57 intervention intervention NN 29252 225 58 of of IN 29252 225 59 our -PRON- PRP$ 29252 225 60 Government Government NNP 29252 225 61 in in IN 29252 225 62 financing financing NN 29252 225 63 and and CC 29252 225 64 otherwise otherwise RB 29252 225 65 providing provide VBG 29252 225 66 for for IN 29252 225 67 the the DT 29252 225 68 Allies Allies NNPS 29252 225 69 , , , 29252 225 70 the the DT 29252 225 71 commissions commission NNS 29252 225 72 and and CC 29252 225 73 profits profit NNS 29252 225 74 of of IN 29252 225 75 those those DT 29252 225 76 who who WP 29252 225 77 have have VBP 29252 225 78 heretofore heretofore RB 29252 225 79 dealt deal VBN 29252 225 80 with with IN 29252 225 81 the the DT 29252 225 82 Allies Allies NNPS 29252 225 83 will will MD 29252 225 84 be be VB 29252 225 85 largely largely RB 29252 225 86 cut cut VBN 29252 225 87 off off RP 29252 225 88 ; ; : 29252 225 89 that that DT 29252 225 90 business business NN 29252 225 91 will will MD 29252 225 92 , , , 29252 225 93 quite quite RB 29252 225 94 rightly rightly RB 29252 225 95 , , , 29252 225 96 be be VB 29252 225 97 subjected subject VBN 29252 225 98 to to IN 29252 225 99 a a DT 29252 225 100 large large JJ 29252 225 101 excess excess JJ 29252 225 102 profits profit NNS 29252 225 103 tax tax NN 29252 225 104 ; ; : 29252 225 105 that that DT 29252 225 106 capital capital NN 29252 225 107 for for IN 29252 225 108 years year NNS 29252 225 109 to to TO 29252 225 110 come come VB 29252 225 111 will will MD 29252 225 112 have have VB 29252 225 113 to to TO 29252 225 114 pay pay VB 29252 225 115 increased increase VBN 29252 225 116 taxes taxis NNS 29252 225 117 to to TO 29252 225 118 provide provide VB 29252 225 119 for for IN 29252 225 120 the the DT 29252 225 121 debt debt NN 29252 225 122 incurred incur VBN 29252 225 123 through through IN 29252 225 124 the the DT 29252 225 125 war war NN 29252 225 126 , , , 29252 225 127 for for IN 29252 225 128 pensions pension NNS 29252 225 129 , , , 29252 225 130 etc etc FW 29252 225 131 . . . 29252 226 1 ; ; : 29252 226 2 if if IN 29252 226 3 you -PRON- PRP 29252 226 4 will will MD 29252 226 5 reflect reflect VB 29252 226 6 on on IN 29252 226 7 these these DT 29252 226 8 and and CC 29252 226 9 various various JJ 29252 226 10 other other JJ 29252 226 11 patent patent NN 29252 226 12 considerations consideration NNS 29252 226 13 , , , 29252 226 14 you -PRON- PRP 29252 226 15 will will MD 29252 226 16 realize realize VB 29252 226 17 that that IN 29252 226 18 any any DT 29252 226 19 rich rich JJ 29252 226 20 man man NN 29252 226 21 , , , 29252 226 22 fomenting foment VBG 29252 226 23 for for IN 29252 226 24 selfish selfish JJ 29252 226 25 reasons reason NNS 29252 226 26 our -PRON- PRP$ 29252 226 27 entrance entrance NN 29252 226 28 into into IN 29252 226 29 the the DT 29252 226 30 war war NN 29252 226 31 , , , 29252 226 32 would would MD 29252 226 33 be be VB 29252 226 34 a a DT 29252 226 35 fit fit JJ 29252 226 36 subject subject NN 29252 226 37 for for IN 29252 226 38 the the DT 29252 226 39 immediate immediate JJ 29252 226 40 appointment appointment NN 29252 226 41 of of IN 29252 226 42 a a DT 29252 226 43 guardian guardian NN 29252 226 44 to to TO 29252 226 45 take take VB 29252 226 46 care care NN 29252 226 47 of of IN 29252 226 48 him -PRON- PRP 29252 226 49 and and CC 29252 226 50 of of IN 29252 226 51 his -PRON- PRP$ 29252 226 52 affairs affair NNS 29252 226 53 . . . 29252 227 1 II II NNP 29252 227 2 _ _ NNP 29252 227 3 The the DT 29252 227 4 Actual actual JJ 29252 227 5 Return return NN 29252 227 6 Upon upon IN 29252 227 7 Taxable Taxable NNP 29252 227 8 and and CC 29252 227 9 Tax tax NN 29252 227 10 - - HYPH 29252 227 11 Exempt Exempt NNP 29252 227 12 Securities Securities NNPS 29252 227 13 _ _ NNP 29252 227 14 Dear Dear NNP 29252 227 15 Sir Sir NNP 29252 227 16 : : : 29252 227 17 Your -PRON- PRP$ 29252 227 18 letter letter NN 29252 227 19 indicates indicate VBZ 29252 227 20 that that IN 29252 227 21 you -PRON- PRP 29252 227 22 do do VBP 29252 227 23 not not RB 29252 227 24 sufficiently sufficiently RB 29252 227 25 realize realize VB 29252 227 26 the the DT 29252 227 27 enormous enormous JJ 29252 227 28 advantage advantage NN 29252 227 29 in in IN 29252 227 30 interest interest NN 29252 227 31 yield yield NN 29252 227 32 which which WDT 29252 227 33 under under IN 29252 227 34 the the DT 29252 227 35 income income NN 29252 227 36 tax tax NN 29252 227 37 schedule schedule NN 29252 227 38 as as IN 29252 227 39 fixed fix VBN 29252 227 40 in in IN 29252 227 41 the the DT 29252 227 42 House House NNP 29252 227 43 Bill Bill NNP 29252 227 44 is be VBZ 29252 227 45 possessed possess VBN 29252 227 46 by by IN 29252 227 47 tax tax NN 29252 227 48 - - HYPH 29252 227 49 exempt exempt JJ 29252 227 50 securities security NNS 29252 227 51 as as IN 29252 227 52 compared compare VBN 29252 227 53 to to IN 29252 227 54 taxable taxable JJ 29252 227 55 securities security NNS 29252 227 56 , , , 29252 227 57 especially especially RB 29252 227 58 , , , 29252 227 59 of of IN 29252 227 60 course course NN 29252 227 61 , , , 29252 227 62 in in IN 29252 227 63 respect respect NN 29252 227 64 of of IN 29252 227 65 large large JJ 29252 227 66 incomes income NNS 29252 227 67 . . . 29252 228 1 Permit permit VB 29252 228 2 me -PRON- PRP 29252 228 3 to to TO 29252 228 4 call call VB 29252 228 5 your -PRON- PRP$ 29252 228 6 attention attention NN 29252 228 7 to to IN 29252 228 8 the the DT 29252 228 9 following following JJ 29252 228 10 eloquent eloquent JJ 29252 228 11 facts fact NNS 29252 228 12 : : : 29252 228 13 The the DT 29252 228 14 yield yield NN 29252 228 15 of of IN 29252 228 16 tax tax NN 29252 228 17 - - HYPH 29252 228 18 exempt exempt JJ 29252 228 19 securities security NNS 29252 228 20 at at IN 29252 228 21 prevailing prevail VBG 29252 228 22 prices price NNS 29252 228 23 ranges range VBZ 29252 228 24 from from IN 29252 228 25 3 3 CD 29252 228 26 - - SYM 29252 228 27 1/2 1/2 CD 29252 228 28 % % NN 29252 228 29 to to IN 29252 228 30 nearly nearly RB 29252 228 31 4 4 CD 29252 228 32 - - SYM 29252 228 33 1/2 1/2 CD 29252 228 34 % % NN 29252 228 35 . . . 29252 229 1 _ _ NNP 29252 229 2 Under under IN 29252 229 3 the the DT 29252 229 4 rates rate NNS 29252 229 5 fixed fix VBN 29252 229 6 in in IN 29252 229 7 the the DT 29252 229 8 War War NNP 29252 229 9 Revenue Revenue NNP 29252 229 10 Bill Bill NNP 29252 229 11 as as IN 29252 229 12 it -PRON- PRP 29252 229 13 passed pass VBD 29252 229 14 the the DT 29252 229 15 House House NNP 29252 229 16 of of IN 29252 229 17 Representatives Representatives NNPS 29252 229 18 , , , 29252 229 19 a a DT 29252 229 20 taxable taxable JJ 29252 229 21 6 6 CD 29252 229 22 % % NN 29252 229 23 investment investment NN 29252 229 24 _ _ NNP 29252 229 25 would would MD 29252 229 26 yield yield VB 29252 229 27 : : : 29252 229 28 PER per IN 29252 229 29 ANNUM ANNUM NNP 29252 229 30 2.28 2.28 CD 29252 229 31 % % NN 29252 229 32 on on IN 29252 229 33 incomes income NNS 29252 229 34 over over IN 29252 229 35 $ $ $ 29252 229 36 2,000,000 2,000,000 CD 29252 229 37 2.34 2.34 CD 29252 229 38 % % NN 29252 229 39 " " `` 29252 229 40 " " `` 29252 229 41 " " '' 29252 229 42 1,500,000 1,500,000 CD 29252 229 43 2.40 2.40 CD 29252 229 44 % % NN 29252 229 45 " " `` 29252 229 46 " " `` 29252 229 47 " " `` 29252 229 48 1,000,000 1,000,000 CD 29252 229 49 2.69 2.69 CD 29252 229 50 % % NN 29252 229 51 " " `` 29252 229 52 " " '' 29252 229 53 " " '' 29252 229 54 500,000 500,000 CD 29252 229 55 2.97 2.97 CD 29252 229 56 % % NN 29252 229 57 " " `` 29252 229 58 " " '' 29252 229 59 " " '' 29252 229 60 300,000 300,000 CD 29252 229 61 3.26 3.26 CD 29252 229 62 % % NN 29252 229 63 " " `` 29252 229 64 " " '' 29252 229 65 " " '' 29252 229 66 250,000 250,000 CD 29252 229 67 3.54 3.54 CD 29252 229 68 % % NN 29252 229 69 " " `` 29252 229 70 " " `` 29252 229 71 " " '' 29252 229 72 200,000 200,000 CD 29252 229 73 3.90 3.90 CD 29252 229 74 % % NN 29252 229 75 " " `` 29252 229 76 " " '' 29252 229 77 " " '' 29252 229 78 150,000 150,000 CD 29252 229 79 4.20 4.20 CD 29252 229 80 % % NN 29252 229 81 " " `` 29252 229 82 " " `` 29252 229 83 " " '' 29252 229 84 100,000 100,000 CD 29252 229 85 Or or CC 29252 229 86 , , , 29252 229 87 to to TO 29252 229 88 put put VB 29252 229 89 it -PRON- PRP 29252 229 90 in in IN 29252 229 91 another another DT 29252 229 92 way way NN 29252 229 93 , , , 29252 229 94 the the DT 29252 229 95 investment investment NN 29252 229 96 in in IN 29252 229 97 3 3 CD 29252 229 98 - - SYM 29252 229 99 1/2 1/2 CD 29252 229 100 % % NN 29252 229 101 " " `` 29252 229 102 Liberty Liberty NNP 29252 229 103 Bonds Bonds NNPS 29252 229 104 " " '' 29252 229 105 is be VBZ 29252 229 106 thus thus RB 29252 229 107 equivalent equivalent JJ 29252 229 108 to to IN 29252 229 109 investing invest VBG 29252 229 110 in in IN 29252 229 111 a a DT 29252 229 112 taxable taxable JJ 29252 229 113 security security NN 29252 229 114 yielding yield VBG 29252 229 115 : : : 29252 229 116 PER per IN 29252 229 117 ANNUM ANNUM NNP 29252 229 118 9.21 9.21 CD 29252 229 119 % % NN 29252 229 120 in in IN 29252 229 121 respect respect NN 29252 229 122 of of IN 29252 229 123 incomes income NNS 29252 229 124 over over IN 29252 229 125 $ $ $ 29252 229 126 2,000,000 2,000,000 CD 29252 229 127 8.97 8.97 CD 29252 229 128 % % NN 29252 229 129 " " `` 29252 229 130 " " `` 29252 229 131 " " '' 29252 229 132 " " '' 29252 229 133 " " '' 29252 229 134 1,500,000 1,500,000 CD 29252 229 135 8.75 8.75 CD 29252 229 136 % % NN 29252 229 137 " " `` 29252 229 138 " " `` 29252 229 139 " " '' 29252 229 140 " " '' 29252 229 141 " " '' 29252 229 142 1,000,000 1,000,000 CD 29252 229 143 7.82 7.82 CD 29252 229 144 % % NN 29252 229 145 " " `` 29252 229 146 " " `` 29252 229 147 " " '' 29252 229 148 " " '' 29252 229 149 " " '' 29252 229 150 500,000 500,000 CD 29252 229 151 7.07 7.07 CD 29252 229 152 % % NN 29252 229 153 " " `` 29252 229 154 " " `` 29252 229 155 " " '' 29252 229 156 " " '' 29252 229 157 " " '' 29252 229 158 300,000 300,000 CD 29252 229 159 6.45 6.45 CD 29252 229 160 % % NN 29252 229 161 " " `` 29252 229 162 " " `` 29252 229 163 " " '' 29252 229 164 " " '' 29252 229 165 " " '' 29252 229 166 250,000 250,000 CD 29252 229 167 5.93 5.93 CD 29252 229 168 % % NN 29252 229 169 " " `` 29252 229 170 " " `` 29252 229 171 " " '' 29252 229 172 " " '' 29252 229 173 " " '' 29252 229 174 200,000 200,000 CD 29252 229 175 5.38 5.38 CD 29252 229 176 % % NN 29252 229 177 " " `` 29252 229 178 " " `` 29252 229 179 " " '' 29252 229 180 " " '' 29252 229 181 " " '' 29252 229 182 150,000 150,000 CD 29252 229 183 5.02 5.02 CD 29252 229 184 % % NN 29252 229 185 " " `` 29252 229 186 " " `` 29252 229 187 " " '' 29252 229 188 " " '' 29252 229 189 " " '' 29252 229 190 100,000 100,000 CD 29252 229 191 The the DT 29252 229 192 investment investment NN 29252 229 193 in in IN 29252 229 194 , , , 29252 229 195 say say UH 29252 229 196 , , , 29252 229 197 New New NNP 29252 229 198 York York NNP 29252 229 199 City City NNP 29252 229 200 Bonds Bonds NNPS 29252 229 201 , , , 29252 229 202 being be VBG 29252 229 203 tax tax NN 29252 229 204 - - HYPH 29252 229 205 exempt exempt JJ 29252 229 206 , , , 29252 229 207 at at IN 29252 229 208 their -PRON- PRP$ 29252 229 209 present present JJ 29252 229 210 yield yield NN 29252 229 211 of of IN 29252 229 212 4.20 4.20 CD 29252 229 213 % % NN 29252 229 214 , , , 29252 229 215 would would MD 29252 229 216 represent represent VB 29252 229 217 the the DT 29252 229 218 following follow VBG 29252 229 219 rates rate NNS 29252 229 220 of of IN 29252 229 221 income income NN 29252 229 222 as as IN 29252 229 223 compared compare VBN 29252 229 224 to to IN 29252 229 225 investments investment NNS 29252 229 226 in in IN 29252 229 227 taxable taxable JJ 29252 229 228 securities security NNS 29252 229 229 : : : 29252 229 230 PER per IN 29252 229 231 ANNUM ANNUM NNP 29252 229 232 11.05 11.05 CD 29252 229 233 % % NN 29252 229 234 in in IN 29252 229 235 respect respect NN 29252 229 236 of of IN 29252 229 237 incomes income NNS 29252 229 238 over over IN 29252 229 239 $ $ $ 29252 229 240 2,000,000 2,000,000 CD 29252 229 241 10.76 10.76 CD 29252 229 242 % % NN 29252 229 243 " " `` 29252 229 244 " " `` 29252 229 245 " " '' 29252 229 246 " " '' 29252 229 247 " " '' 29252 229 248 1,500,000 1,500,000 CD 29252 229 249 10.50 10.50 CD 29252 229 250 % % NN 29252 229 251 " " `` 29252 229 252 " " `` 29252 229 253 " " '' 29252 229 254 " " '' 29252 229 255 " " '' 29252 229 256 1,000,000 1,000,000 CD 29252 229 257 9.38 9.38 CD 29252 229 258 % % NN 29252 229 259 " " `` 29252 229 260 " " `` 29252 229 261 " " '' 29252 229 262 " " '' 29252 229 263 " " '' 29252 229 264 500,000 500,000 CD 29252 229 265 8.48 8.48 CD 29252 229 266 % % NN 29252 229 267 " " `` 29252 229 268 " " `` 29252 229 269 " " '' 29252 229 270 " " '' 29252 229 271 " " '' 29252 229 272 300,000 300,000 CD 29252 229 273 7.74 7.74 CD 29252 229 274 % % NN 29252 229 275 " " `` 29252 229 276 " " `` 29252 229 277 " " '' 29252 229 278 " " '' 29252 229 279 " " '' 29252 229 280 250,000 250,000 CD 29252 229 281 7.12 7.12 CD 29252 229 282 % % NN 29252 229 283 " " `` 29252 229 284 " " `` 29252 229 285 " " '' 29252 229 286 " " '' 29252 229 287 " " '' 29252 229 288 200,000 200,000 CD 29252 229 289 6.46 6.46 CD 29252 229 290 % % NN 29252 229 291 " " `` 29252 229 292 " " `` 29252 229 293 " " '' 29252 229 294 " " '' 29252 229 295 " " '' 29252 229 296 150,000 150,000 CD 29252 229 297 6.02 6.02 CD 29252 229 298 % % NN 29252 229 299 " " `` 29252 229 300 " " `` 29252 229 301 " " '' 29252 229 302 " " '' 29252 229 303 " " '' 29252 229 304 100,000 100,000 CD 29252 229 305 Of of RB 29252 229 306 course course RB 29252 229 307 , , , 29252 229 308 all all PDT 29252 229 309 these these DT 29252 229 310 figures figure NNS 29252 229 311 hold hold VBP 29252 229 312 good good JJ 29252 229 313 only only RB 29252 229 314 for for IN 29252 229 315 the the DT 29252 229 316 period period NN 29252 229 317 during during IN 29252 229 318 which which WDT 29252 229 319 the the DT 29252 229 320 proposed propose VBN 29252 229 321 rates rate NNS 29252 229 322 of of IN 29252 229 323 income income NN 29252 229 324 taxation taxation NN 29252 229 325 would would MD 29252 229 326 prevail prevail VB 29252 229 327 . . . 29252 230 1 As as IN 29252 230 2 the the DT 29252 230 3 income income NN 29252 230 4 tax tax NN 29252 230 5 rate rate NN 29252 230 6 decreases decrease NNS 29252 230 7 , , , 29252 230 8 the the DT 29252 230 9 yield yield NN 29252 230 10 from from IN 29252 230 11 tax tax NN 29252 230 12 - - HYPH 29252 230 13 exempt exempt JJ 29252 230 14 securities security NNS 29252 230 15 diminishes diminishe NNS 29252 230 16 proportionately proportionately RB 29252 230 17 . . . 29252 231 1 The the DT 29252 231 2 volume volume NN 29252 231 3 of of IN 29252 231 4 tax tax NN 29252 231 5 - - HYPH 29252 231 6 exempt exempt JJ 29252 231 7 securities security NNS 29252 231 8 at at IN 29252 231 9 present present JJ 29252 231 10 outstanding outstanding JJ 29252 231 11 , , , 29252 231 12 including include VBG 29252 231 13 the the DT 29252 231 14 new new JJ 29252 231 15 " " `` 29252 231 16 Liberty Liberty NNP 29252 231 17 Loan Loan NNP 29252 231 18 , , , 29252 231 19 " " '' 29252 231 20 is be VBZ 29252 231 21 estimated estimate VBN 29252 231 22 at at IN 29252 231 23 not not RB 29252 231 24 less less JJR 29252 231 25 than than IN 29252 231 26 $ $ $ 29252 231 27 8,000,000,000 8,000,000,000 CD 29252 231 28 . . . 29252 232 1 The the DT 29252 232 2 ability ability NN 29252 232 3 of of IN 29252 232 4 corporations corporation NNS 29252 232 5 to to TO 29252 232 6 find find VB 29252 232 7 a a DT 29252 232 8 ready ready JJ 29252 232 9 market market NN 29252 232 10 for for IN 29252 232 11 their -PRON- PRP$ 29252 232 12 securities security NNS 29252 232 13 is be VBZ 29252 232 14 a a DT 29252 232 15 prerequisite prerequisite NN 29252 232 16 for for IN 29252 232 17 the the DT 29252 232 18 continuance continuance NN 29252 232 19 of of IN 29252 232 20 business business NN 29252 232 21 prosperity prosperity NN 29252 232 22 or or CC 29252 232 23 , , , 29252 232 24 indeed indeed RB 29252 232 25 , , , 29252 232 26 of of IN 29252 232 27 adequate adequate JJ 29252 232 28 business business NN 29252 232 29 activity activity NN 29252 232 30 . . . 29252 233 1 I -PRON- PRP 29252 233 2 need need VBP 29252 233 3 not not RB 29252 233 4 elaborate elaborate VB 29252 233 5 the the DT 29252 233 6 effect effect NN 29252 233 7 which which WDT 29252 233 8 the the DT 29252 233 9 comparison comparison NN 29252 233 10 of of IN 29252 233 11 the the DT 29252 233 12 income income NN 29252 233 13 yield yield NN 29252 233 14 from from IN 29252 233 15 tax tax NN 29252 233 16 - - HYPH 29252 233 17 exempt exempt JJ 29252 233 18 securities security NNS 29252 233 19 as as IN 29252 233 20 against against IN 29252 233 21 taxable taxable JJ 29252 233 22 securities security NNS 29252 233 23 under under IN 29252 233 24 an an DT 29252 233 25 excessively excessively RB 29252 233 26 high high JJ 29252 233 27 income income NN 29252 233 28 tax tax NN 29252 233 29 schedule schedule NN 29252 233 30 -- -- : 29252 233 31 even even RB 29252 233 32 if if IN 29252 233 33 confined confine VBN 29252 233 34 to to IN 29252 233 35 larger large JJR 29252 233 36 incomes income NNS 29252 233 37 -- -- : 29252 233 38 must must MD 29252 233 39 necessarily necessarily RB 29252 233 40 have have VB 29252 233 41 upon upon IN 29252 233 42 the the DT 29252 233 43 eligibility eligibility NN 29252 233 44 of of IN 29252 233 45 corporate corporate JJ 29252 233 46 securities security NNS 29252 233 47 for for IN 29252 233 48 investment investment NN 29252 233 49 purposes purpose NNS 29252 233 50 . . . 29252 234 1 The the DT 29252 234 2 conclusion conclusion NN 29252 234 3 seems seem VBZ 29252 234 4 unescapable unescapable JJ 29252 234 5 that that IN 29252 234 6 the the DT 29252 234 7 resulting result VBG 29252 234 8 degree degree NN 29252 234 9 of of IN 29252 234 10 disinclination disinclination NN 29252 234 11 to to TO 29252 234 12 invest invest VB 29252 234 13 in in IN 29252 234 14 such such JJ 29252 234 15 securities security NNS 29252 234 16 coupled couple VBN 29252 234 17 with with IN 29252 234 18 the the DT 29252 234 19 impulse impulse NN 29252 234 20 to to TO 29252 234 21 dispose dispose VB 29252 234 22 of of IN 29252 234 23 existing exist VBG 29252 234 24 holdings holding NNS 29252 234 25 would would MD 29252 234 26 bring bring VB 29252 234 27 about about RP 29252 234 28 liquidation liquidation NN 29252 234 29 , , , 29252 234 30 severe severe JJ 29252 234 31 shrinkage shrinkage NN 29252 234 32 of of IN 29252 234 33 values value NNS 29252 234 34 and and CC 29252 234 35 more more RBR 29252 234 36 or or CC 29252 234 37 less less RBR 29252 234 38 pronounced pronounced JJ 29252 234 39 demoralization demoralization NN 29252 234 40 in in IN 29252 234 41 the the DT 29252 234 42 investment investment NN 29252 234 43 market market NN 29252 234 44 -- -- : 29252 234 45 a a DT 29252 234 46 condition condition NN 29252 234 47 of of IN 29252 234 48 things thing NNS 29252 234 49 which which WDT 29252 234 50 could could MD 29252 234 51 not not RB 29252 234 52 fail fail VB 29252 234 53 in in IN 29252 234 54 a a DT 29252 234 55 measure measure NN 29252 234 56 to to TO 29252 234 57 affect affect VB 29252 234 58 adversely adversely RB 29252 234 59 the the DT 29252 234 60 country country NN 29252 234 61 's 's POS 29252 234 62 business business NN 29252 234 63 in in IN 29252 234 64 general general JJ 29252 234 65 , , , 29252 234 66 and and CC 29252 234 67 which which WDT 29252 234 68 could could MD 29252 234 69 only only RB 29252 234 70 partially partially RB 29252 234 71 be be VB 29252 234 72 counteracted counteract VBN 29252 234 73 by by IN 29252 234 74 Government Government NNP 29252 234 75 expenditures expenditure NNS 29252 234 76 , , , 29252 234 77 however however RB 29252 234 78 large large JJ 29252 234 79 . . . 29252 235 1 As as IN 29252 235 2 to to IN 29252 235 3 your -PRON- PRP$ 29252 235 4 observations observation NNS 29252 235 5 concerning concern VBG 29252 235 6 the the DT 29252 235 7 principle principle NN 29252 235 8 of of IN 29252 235 9 tax tax NN 29252 235 10 - - HYPH 29252 235 11 exempt exempt JJ 29252 235 12 issues issue NNS 29252 235 13 , , , 29252 235 14 I -PRON- PRP 29252 235 15 believe believe VBP 29252 235 16 the the DT 29252 235 17 Government Government NNP 29252 235 18 acted act VBD 29252 235 19 wisely wisely RB 29252 235 20 , , , 29252 235 21 considering consider VBG 29252 235 22 all all PDT 29252 235 23 the the DT 29252 235 24 elements element NNS 29252 235 25 of of IN 29252 235 26 the the DT 29252 235 27 situation situation NN 29252 235 28 , , , 29252 235 29 in in IN 29252 235 30 making make VBG 29252 235 31 its -PRON- PRP$ 29252 235 32 first first JJ 29252 235 33 great great JJ 29252 235 34 war war NN 29252 235 35 issue issue NN 29252 235 36 , , , 29252 235 37 the the DT 29252 235 38 Liberty Liberty NNP 29252 235 39 Loan Loan NNP 29252 235 40 , , , 29252 235 41 tax tax NN 29252 235 42 free free JJ 29252 235 43 . . . 29252 236 1 But but CC 29252 236 2 in in IN 29252 236 3 the the DT 29252 236 4 face face NN 29252 236 5 of of IN 29252 236 6 the the DT 29252 236 7 figures figure NNS 29252 236 8 above above IN 29252 236 9 quoted quote VBN 29252 236 10 , , , 29252 236 11 the the DT 29252 236 12 question question NN 29252 236 13 naturally naturally RB 29252 236 14 presents present VBZ 29252 236 15 itself -PRON- PRP 29252 236 16 whether whether IN 29252 236 17 our -PRON- PRP$ 29252 236 18 traditional traditional JJ 29252 236 19 policy policy NN 29252 236 20 of of IN 29252 236 21 making make VBG 29252 236 22 Government Government NNP 29252 236 23 issues issue NNS 29252 236 24 tax tax NN 29252 236 25 - - HYPH 29252 236 26 exempt exempt JJ 29252 236 27 should should MD 29252 236 28 not not RB 29252 236 29 be be VB 29252 236 30 discontinued discontinue VBN 29252 236 31 , , , 29252 236 32 which which WDT 29252 236 33 , , , 29252 236 34 of of IN 29252 236 35 course course NN 29252 236 36 , , , 29252 236 37 would would MD 29252 236 38 mean mean VB 29252 236 39 that that IN 29252 236 40 a a DT 29252 236 41 materially materially RB 29252 236 42 higher high JJR 29252 236 43 rate rate NN 29252 236 44 of of IN 29252 236 45 interest interest NN 29252 236 46 than than IN 29252 236 47 3 3 CD 29252 236 48 - - SYM 29252 236 49 1/2 1/2 CD 29252 236 50 % % NN 29252 236 51 would would MD 29252 236 52 have have VB 29252 236 53 to to TO 29252 236 54 be be VB 29252 236 55 paid pay VBN 29252 236 56 for for IN 29252 236 57 Government Government NNP 29252 236 58 borrowing borrowing NN 29252 236 59 . . . 29252 237 1 In in IN 29252 237 2 theory theory NN 29252 237 3 , , , 29252 237 4 it -PRON- PRP 29252 237 5 seems seem VBZ 29252 237 6 to to IN 29252 237 7 me -PRON- PRP 29252 237 8 , , , 29252 237 9 there there EX 29252 237 10 can can MD 29252 237 11 be be VB 29252 237 12 little little JJ 29252 237 13 doubt doubt NN 29252 237 14 that that IN 29252 237 15 the the DT 29252 237 16 balance balance NN 29252 237 17 of of IN 29252 237 18 arguments argument NNS 29252 237 19 is be VBZ 29252 237 20 against against IN 29252 237 21 the the DT 29252 237 22 tax tax NN 29252 237 23 - - HYPH 29252 237 24 exemption exemption NN 29252 237 25 of of IN 29252 237 26 Government Government NNP 29252 237 27 loans loan NNS 29252 237 28 . . . 29252 238 1 As as IN 29252 238 2 an an DT 29252 238 3 abstract abstract JJ 29252 238 4 proposition proposition NN 29252 238 5 little little JJ 29252 238 6 can can MD 29252 238 7 be be VB 29252 238 8 said say VBN 29252 238 9 , , , 29252 238 10 I -PRON- PRP 29252 238 11 think think VBP 29252 238 12 , , , 29252 238 13 in in IN 29252 238 14 favor favor NN 29252 238 15 of of IN 29252 238 16 a a DT 29252 238 17 policy policy NN 29252 238 18 the the DT 29252 238 19 effect effect NN 29252 238 20 of of IN 29252 238 21 which which WDT 29252 238 22 gives give VBZ 29252 238 23 an an DT 29252 238 24 advantage advantage NN 29252 238 25 to to IN 29252 238 26 the the DT 29252 238 27 rich rich JJ 29252 238 28 and and CC 29252 238 29 well well JJ 29252 238 30 - - HYPH 29252 238 31 to to TO 29252 238 32 - - HYPH 29252 238 33 do do VB 29252 238 34 , , , 29252 238 35 militates militate NNS 29252 238 36 against against IN 29252 238 37 the the DT 29252 238 38 widest wide JJS 29252 238 39 possible possible JJ 29252 238 40 distribution distribution NN 29252 238 41 of of IN 29252 238 42 Government Government NNP 29252 238 43 issues issue NNS 29252 238 44 amongst amongst IN 29252 238 45 the the DT 29252 238 46 people people NNS 29252 238 47 , , , 29252 238 48 tends tend VBZ 29252 238 49 to to TO 29252 238 50 facilitate facilitate VB 29252 238 51 Governmental governmental JJ 29252 238 52 extravagance extravagance NN 29252 238 53 by by IN 29252 238 54 concealing conceal VBG 29252 238 55 the the DT 29252 238 56 true true JJ 29252 238 57 cost cost NN 29252 238 58 and and CC 29252 238 59 establishes establish VBZ 29252 238 60 a a DT 29252 238 61 fictitious fictitious JJ 29252 238 62 basis basis NN 29252 238 63 of of IN 29252 238 64 national national JJ 29252 238 65 credit credit NN 29252 238 66 . . . 29252 239 1 Thus thus RB 29252 239 2 , , , 29252 239 3 for for IN 29252 239 4 instance instance NN 29252 239 5 , , , 29252 239 6 on on IN 29252 239 7 the the DT 29252 239 8 $ $ $ 29252 239 9 1,000,000,000 1,000,000,000 CD 29252 239 10 , , , 29252 239 11 or or CC 29252 239 12 thereabouts thereabout NNS 29252 239 13 , , , 29252 239 14 which which WDT 29252 239 15 our -PRON- PRP$ 29252 239 16 Government Government NNP 29252 239 17 has have VBZ 29252 239 18 loaned loan VBN 29252 239 19 to to IN 29252 239 20 the the DT 29252 239 21 Allies ally NNS 29252 239 22 at at IN 29252 239 23 3 3 CD 29252 239 24 - - SYM 29252 239 25 1/2 1/2 CD 29252 239 26 % % NN 29252 239 27 interest interest NN 29252 239 28 , , , 29252 239 29 it -PRON- PRP 29252 239 30 is be VBZ 29252 239 31 losing lose VBG 29252 239 32 money money NN 29252 239 33 , , , 29252 239 34 because because IN 29252 239 35 , , , 29252 239 36 whilst whilst IN 29252 239 37 it -PRON- PRP 29252 239 38 nominally nominally RB 29252 239 39 borrows borrow VBZ 29252 239 40 this this DT 29252 239 41 money money NN 29252 239 42 through through IN 29252 239 43 the the DT 29252 239 44 Liberty Liberty NNP 29252 239 45 Loan Loan NNP 29252 239 46 at at IN 29252 239 47 3 3 CD 29252 239 48 - - SYM 29252 239 49 1/2 1/2 CD 29252 239 50 % % NN 29252 239 51 , , , 29252 239 52 the the DT 29252 239 53 cost cost NN 29252 239 54 to to IN 29252 239 55 it -PRON- PRP 29252 239 56 is be VBZ 29252 239 57 actually actually RB 29252 239 58 considerably considerably RB 29252 239 59 higher high JJR 29252 239 60 because because IN 29252 239 61 it -PRON- PRP 29252 239 62 loses lose VBZ 29252 239 63 the the DT 29252 239 64 revenue revenue NN 29252 239 65 which which WDT 29252 239 66 would would MD 29252 239 67 accrue accrue VB 29252 239 68 to to IN 29252 239 69 it -PRON- PRP 29252 239 70 from from IN 29252 239 71 the the DT 29252 239 72 income income NN 29252 239 73 tax tax NN 29252 239 74 if if IN 29252 239 75 the the DT 29252 239 76 bonds bond NNS 29252 239 77 were be VBD 29252 239 78 not not RB 29252 239 79 tax tax NN 29252 239 80 - - HYPH 29252 239 81 exempt exempt JJ 29252 239 82 . . . 29252 240 1 Let let VB 29252 240 2 me -PRON- PRP 29252 240 3 add add VB 29252 240 4 that that IN 29252 240 5 I -PRON- PRP 29252 240 6 do do VBP 29252 240 7 not not RB 29252 240 8 wish wish VB 29252 240 9 to to TO 29252 240 10 be be VB 29252 240 11 understood understand VBN 29252 240 12 as as IN 29252 240 13 suggesting suggest VBG 29252 240 14 that that IN 29252 240 15 our -PRON- PRP$ 29252 240 16 Government Government NNP 29252 240 17 should should MD 29252 240 18 charge charge VB 29252 240 19 to to IN 29252 240 20 the the DT 29252 240 21 Allied Allied NNP 29252 240 22 Nations Nations NNPS 29252 240 23 more more RBR 29252 240 24 than than IN 29252 240 25 the the DT 29252 240 26 nominal nominal JJ 29252 240 27 rate rate NN 29252 240 28 at at IN 29252 240 29 which which WDT 29252 240 30 it -PRON- PRP 29252 240 31 is be VBZ 29252 240 32 borrowing borrow VBG 29252 240 33 . . . 29252 241 1 They -PRON- PRP 29252 241 2 have have VBP 29252 241 3 been be VBN 29252 241 4 fighting fight VBG 29252 241 5 these these DT 29252 241 6 three three CD 29252 241 7 years year NNS 29252 241 8 and and CC 29252 241 9 bringing bring VBG 29252 241 10 unheard unheard JJ 29252 241 11 of of IN 29252 241 12 sacrifices sacrifice NNS 29252 241 13 for for IN 29252 241 14 a a DT 29252 241 15 cause cause NN 29252 241 16 which which WDT 29252 241 17 we -PRON- PRP 29252 241 18 have have VBP 29252 241 19 recognized recognize VBN 29252 241 20 to to TO 29252 241 21 be be VB 29252 241 22 ours -PRON- PRP 29252 241 23 no no DT 29252 241 24 less less JJR 29252 241 25 than than IN 29252 241 26 theirs -PRON- PRP 29252 241 27 , , , 29252 241 28 and and CC 29252 241 29 if if IN 29252 241 30 we -PRON- PRP 29252 241 31 loan loan VBP 29252 241 32 them -PRON- PRP 29252 241 33 money money VBP 29252 241 34 somewhat somewhat RB 29252 241 35 below below IN 29252 241 36 its -PRON- PRP$ 29252 241 37 actual actual JJ 29252 241 38 cost cost NN 29252 241 39 to to IN 29252 241 40 us -PRON- PRP 29252 241 41 that that DT 29252 241 42 item item NN 29252 241 43 weighs weigh VBZ 29252 241 44 but but CC 29252 241 45 very very RB 29252 241 46 lightly lightly RB 29252 241 47 in in IN 29252 241 48 the the DT 29252 241 49 scale scale NN 29252 241 50 , , , 29252 241 51 especially especially RB 29252 241 52 also also RB 29252 241 53 if if IN 29252 241 54 we -PRON- PRP 29252 241 55 consider consider VBP 29252 241 56 the the DT 29252 241 57 immense immense JJ 29252 241 58 monetary monetary JJ 29252 241 59 profits profit NNS 29252 241 60 which which WDT 29252 241 61 our -PRON- PRP$ 29252 241 62 country country NN 29252 241 63 has have VBZ 29252 241 64 reaped reap VBN 29252 241 65 from from IN 29252 241 66 the the DT 29252 241 67 sale sale NN 29252 241 68 to to IN 29252 241 69 them -PRON- PRP 29252 241 70 of of IN 29252 241 71 munitions munition NNS 29252 241 72 , , , 29252 241 73 material material NN 29252 241 74 and and CC 29252 241 75 supplies supply NNS 29252 241 76 . . . 29252 242 1 However however RB 29252 242 2 , , , 29252 242 3 as as IN 29252 242 4 against against IN 29252 242 5 the the DT 29252 242 6 theoretical theoretical JJ 29252 242 7 objections objection NNS 29252 242 8 , , , 29252 242 9 some some DT 29252 242 10 of of IN 29252 242 11 which which WDT 29252 242 12 I -PRON- PRP 29252 242 13 have have VBP 29252 242 14 mentioned mention VBN 29252 242 15 , , , 29252 242 16 to to IN 29252 242 17 the the DT 29252 242 18 tax tax NN 29252 242 19 - - HYPH 29252 242 20 exemption exemption NN 29252 242 21 of of IN 29252 242 22 Government government NN 29252 242 23 loans loan NNS 29252 242 24 , , , 29252 242 25 there there EX 29252 242 26 are be VBP 29252 242 27 certain certain JJ 29252 242 28 " " `` 29252 242 29 imponderabilia"--things imponderabilia"--thing NNS 29252 242 30 which which WDT 29252 242 31 can can MD 29252 242 32 not not RB 29252 242 33 be be VB 29252 242 34 exactly exactly RB 29252 242 35 weighed weigh VBN 29252 242 36 -- -- : 29252 242 37 in in IN 29252 242 38 favor favor NN 29252 242 39 of of IN 29252 242 40 a a DT 29252 242 41 low low JJ 29252 242 42 rate rate NN 29252 242 43 of of IN 29252 242 44 interest interest NN 29252 242 45 for for IN 29252 242 46 Government Government NNP 29252 242 47 borrowing borrowing NN 29252 242 48 , , , 29252 242 49 even even RB 29252 242 50 if if IN 29252 242 51 the the DT 29252 242 52 lowness lowness NN 29252 242 53 of of IN 29252 242 54 the the DT 29252 242 55 rate rate NN 29252 242 56 is be VBZ 29252 242 57 to to IN 29252 242 58 an an DT 29252 242 59 extent extent NN 29252 242 60 fictitious fictitious JJ 29252 242 61 . . . 29252 243 1 There there EX 29252 243 2 are be VBP 29252 243 3 also also RB 29252 243 4 certain certain JJ 29252 243 5 practical practical JJ 29252 243 6 reasons reason NNS 29252 243 7 for for IN 29252 243 8 the the DT 29252 243 9 maintenance maintenance NN 29252 243 10 of of IN 29252 243 11 our -PRON- PRP$ 29252 243 12 traditional traditional JJ 29252 243 13 policy policy NN 29252 243 14 , , , 29252 243 15 and and CC 29252 243 16 various various JJ 29252 243 17 concrete concrete JJ 29252 243 18 facts fact NNS 29252 243 19 which which WDT 29252 243 20 must must MD 29252 243 21 be be VB 29252 243 22 taken take VBN 29252 243 23 into into IN 29252 243 24 account account NN 29252 243 25 . . . 29252 244 1 For for IN 29252 244 2 instance instance NN 29252 244 3 , , , 29252 244 4 there there EX 29252 244 5 is be VBZ 29252 244 6 the the DT 29252 244 7 problem problem NN 29252 244 8 of of IN 29252 244 9 how how WRB 29252 244 10 to to TO 29252 244 11 deal deal VB 29252 244 12 with with IN 29252 244 13 the the DT 29252 244 14 situation situation NN 29252 244 15 that that WDT 29252 244 16 might may MD 29252 244 17 result result VB 29252 244 18 from from IN 29252 244 19 the the DT 29252 244 20 withdrawal withdrawal NN 29252 244 21 of of IN 29252 244 22 deposits deposit NNS 29252 244 23 from from IN 29252 244 24 savings saving NNS 29252 244 25 banks bank NNS 29252 244 26 and and CC 29252 244 27 similar similar JJ 29252 244 28 institutions institution NNS 29252 244 29 , , , 29252 244 30 which which WDT 29252 244 31 probably probably RB 29252 244 32 would would MD 29252 244 33 be be VB 29252 244 34 liable liable JJ 29252 244 35 to to TO 29252 244 36 occur occur VB 29252 244 37 in in IN 29252 244 38 case case NN 29252 244 39 the the DT 29252 244 40 Government Government NNP 29252 244 41 offered offer VBD 29252 244 42 a a DT 29252 244 43 bond bond NN 29252 244 44 issue issue NN 29252 244 45 at at IN 29252 244 46 the the DT 29252 244 47 higher high JJR 29252 244 48 rate rate NN 29252 244 49 it -PRON- PRP 29252 244 50 would would MD 29252 244 51 have have VB 29252 244 52 to to TO 29252 244 53 fix fix VB 29252 244 54 if if IN 29252 244 55 the the DT 29252 244 56 inducement inducement NN 29252 244 57 of of IN 29252 244 58 tax tax NN 29252 244 59 - - HYPH 29252 244 60 exemption exemption NN 29252 244 61 were be VBD 29252 244 62 removed remove VBN 29252 244 63 . . . 29252 245 1 There there EX 29252 245 2 is be VBZ 29252 245 3 the the DT 29252 245 4 problem problem NN 29252 245 5 of of IN 29252 245 6 the the DT 29252 245 7 existence existence NN 29252 245 8 of of IN 29252 245 9 billions billion NNS 29252 245 10 of of IN 29252 245 11 municipal municipal JJ 29252 245 12 and and CC 29252 245 13 state state NN 29252 245 14 securities security NNS 29252 245 15 which which WDT 29252 245 16 offer offer VBP 29252 245 17 to to IN 29252 245 18 the the DT 29252 245 19 holder holder NN 29252 245 20 the the DT 29252 245 21 privilege privilege NN 29252 245 22 of of IN 29252 245 23 freedom freedom NN 29252 245 24 from from IN 29252 245 25 municipal municipal JJ 29252 245 26 , , , 29252 245 27 state state NNP 29252 245 28 _ _ NNP 29252 245 29 and and CC 29252 245 30 Federal Federal NNP 29252 245 31 _ _ NNP 29252 245 32 taxes taxis NNS 29252 245 33 . . . 29252 246 1 I -PRON- PRP 29252 246 2 understand understand VBP 29252 246 3 that that IN 29252 246 4 it -PRON- PRP 29252 246 5 is be VBZ 29252 246 6 the the DT 29252 246 7 consensus consensus NN 29252 246 8 of of IN 29252 246 9 opinion opinion NN 29252 246 10 of of IN 29252 246 11 our -PRON- PRP$ 29252 246 12 leading leading JJ 29252 246 13 lawyers lawyer NNS 29252 246 14 that that WDT 29252 246 15 under under IN 29252 246 16 the the DT 29252 246 17 legal legal JJ 29252 246 18 theory theory NN 29252 246 19 which which WDT 29252 246 20 treats treat VBZ 29252 246 21 such such JJ 29252 246 22 issues issue NNS 29252 246 23 as as IN 29252 246 24 " " `` 29252 246 25 instrumentalities instrumentality NNS 29252 246 26 of of IN 29252 246 27 government government NN 29252 246 28 " " '' 29252 246 29 that that DT 29252 246 30 privilege privilege NN 29252 246 31 can can MD 29252 246 32 not not RB 29252 246 33 be be VB 29252 246 34 abridged abridge VBN 29252 246 35 and and CC 29252 246 36 that that IN 29252 246 37 Congress Congress NNP 29252 246 38 has have VBZ 29252 246 39 no no DT 29252 246 40 constitutional constitutional JJ 29252 246 41 power power NN 29252 246 42 to to IN 29252 246 43 tax tax NN 29252 246 44 state state NN 29252 246 45 and and CC 29252 246 46 municipal municipal JJ 29252 246 47 issues issue NNS 29252 246 48 . . . 29252 247 1 If if IN 29252 247 2 state state NN 29252 247 3 and and CC 29252 247 4 municipal municipal JJ 29252 247 5 issues issue NNS 29252 247 6 to to TO 29252 247 7 be be VB 29252 247 8 made make VBN 29252 247 9 during during IN 29252 247 10 war war NN 29252 247 11 time time NN 29252 247 12 retain retain VB 29252 247 13 the the DT 29252 247 14 feature feature NN 29252 247 15 of of IN 29252 247 16 being be VBG 29252 247 17 free free JJ 29252 247 18 from from IN 29252 247 19 taxation taxation NN 29252 247 20 , , , 29252 247 21 can can MD 29252 247 22 the the DT 29252 247 23 Federal Federal NNP 29252 247 24 Government Government NNP 29252 247 25 afford afford VB 29252 247 26 to to TO 29252 247 27 make make VB 29252 247 28 its -PRON- PRP$ 29252 247 29 war war NN 29252 247 30 loans loan NNS 29252 247 31 taxable taxable JJ 29252 247 32 , , , 29252 247 33 and and CC 29252 247 34 thereby thereby RB 29252 247 35 place place VB 29252 247 36 itself -PRON- PRP 29252 247 37 in in IN 29252 247 38 a a DT 29252 247 39 position position NN 29252 247 40 where where WRB 29252 247 41 it -PRON- PRP 29252 247 42 would would MD 29252 247 43 have have VB 29252 247 44 to to TO 29252 247 45 borrow borrow VB 29252 247 46 under under IN 29252 247 47 conditions condition NNS 29252 247 48 which which WDT 29252 247 49 would would MD 29252 247 50 put put VB 29252 247 51 it -PRON- PRP 29252 247 52 and and CC 29252 247 53 its -PRON- PRP$ 29252 247 54 credit credit NN 29252 247 55 at at IN 29252 247 56 a a DT 29252 247 57 disadvantage disadvantage NN 29252 247 58 as as IN 29252 247 59 compared compare VBN 29252 247 60 to to IN 29252 247 61 state state NN 29252 247 62 and and CC 29252 247 63 municipal municipal JJ 29252 247 64 issues issue NNS 29252 247 65 ? ? . 29252 248 1 The the DT 29252 248 2 problem problem NN 29252 248 3 is be VBZ 29252 248 4 a a DT 29252 248 5 complex complex JJ 29252 248 6 one one NN 29252 248 7 altogether altogether RB 29252 248 8 and and CC 29252 248 9 , , , 29252 248 10 like like IN 29252 248 11 all all DT 29252 248 12 economic economic JJ 29252 248 13 questions question NNS 29252 248 14 , , , 29252 248 15 requires require VBZ 29252 248 16 to to TO 29252 248 17 be be VB 29252 248 18 approached approach VBN 29252 248 19 in in IN 29252 248 20 a a DT 29252 248 21 dispassionate dispassionate NN 29252 248 22 spirit spirit NN 29252 248 23 , , , 29252 248 24 giving give VBG 29252 248 25 due due JJ 29252 248 26 consideration consideration NN 29252 248 27 to to IN 29252 248 28 the the DT 29252 248 29 reasons reason NNS 29252 248 30 for for IN 29252 248 31 and and CC 29252 248 32 against against IN 29252 248 33 . . . 29252 249 1 The the DT 29252 249 2 temper temper NN 29252 249 3 of of IN 29252 249 4 the the DT 29252 249 5 stump stump NN 29252 249 6 speaker speaker NN 29252 249 7 is be VBZ 29252 249 8 not not RB 29252 249 9 appropriate appropriate JJ 29252 249 10 for for IN 29252 249 11 dealing deal VBG 29252 249 12 with with IN 29252 249 13 taxation taxation NN 29252 249 14 problems problem NNS 29252 249 15 . . . 29252 250 1 Let let VB 29252 250 2 me -PRON- PRP 29252 250 3 add add VB 29252 250 4 , , , 29252 250 5 in in IN 29252 250 6 conclusion conclusion NN 29252 250 7 , , , 29252 250 8 that that IN 29252 250 9 I -PRON- PRP 29252 250 10 fully fully RB 29252 250 11 agree agree VBP 29252 250 12 that that IN 29252 250 13 it -PRON- PRP 29252 250 14 is be VBZ 29252 250 15 " " `` 29252 250 16 sheer sheer JJ 29252 250 17 fiscal fiscal JJ 29252 250 18 stupidity stupidity NN 29252 250 19 " " '' 29252 250 20 and and CC 29252 250 21 " " `` 29252 250 22 socially socially RB 29252 250 23 inexpedient inexpedient JJ 29252 250 24 as as RB 29252 250 25 well well RB 29252 250 26 " " `` 29252 250 27 to to TO 29252 250 28 permit permit VB 29252 250 29 " " `` 29252 250 30 mushroom mushroom NN 29252 250 31 fortunes fortune NNS 29252 250 32 " " '' 29252 250 33 to to TO 29252 250 34 be be VB 29252 250 35 built build VBN 29252 250 36 out out IN 29252 250 37 of of IN 29252 250 38 war war NN 29252 250 39 profits profit NNS 29252 250 40 . . . 29252 251 1 I -PRON- PRP 29252 251 2 believe believe VBP 29252 251 3 there there EX 29252 251 4 ought ought MD 29252 251 5 to to TO 29252 251 6 be be VB 29252 251 7 imposed impose VBN 29252 251 8 a a DT 29252 251 9 large large JJ 29252 251 10 excess excess JJ 29252 251 11 war war NN 29252 251 12 profits profit NNS 29252 251 13 tax tax NN 29252 251 14 on on IN 29252 251 15 the the DT 29252 251 16 English english JJ 29252 251 17 model model NN 29252 251 18 upon upon IN 29252 251 19 a a DT 29252 251 20 fair fair JJ 29252 251 21 and and CC 29252 251 22 well well UH 29252 251 23 conceived conceive VBN 29252 251 24 average average JJ 29252 251 25 basis basis NN 29252 251 26 of of IN 29252 251 27 earnings earning NNS 29252 251 28 so so RB 29252 251 29 calculated calculate VBD 29252 251 30 as as IN 29252 251 31 to to TO 29252 251 32 take take VB 29252 251 33 account account NN 29252 251 34 of of IN 29252 251 35 the the DT 29252 251 36 vast vast JJ 29252 251 37 difference difference NN 29252 251 38 in in IN 29252 251 39 the the DT 29252 251 40 country country NN 29252 251 41 's 's POS 29252 251 42 industrial industrial JJ 29252 251 43 plant plant NN 29252 251 44 to to IN 29252 251 45 - - HYPH 29252 251 46 day day NN 29252 251 47 and and CC 29252 251 48 before before IN 29252 251 49 the the DT 29252 251 50 European european JJ 29252 251 51 war war NN 29252 251 52 . . . 29252 252 1 Such such PDT 29252 252 2 a a DT 29252 252 3 tax tax NN 29252 252 4 may may MD 29252 252 5 not not RB 29252 252 6 be be VB 29252 252 7 entirely entirely RB 29252 252 8 free free JJ 29252 252 9 from from IN 29252 252 10 objections objection NNS 29252 252 11 in in IN 29252 252 12 theory theory NN 29252 252 13 , , , 29252 252 14 but but CC 29252 252 15 from from IN 29252 252 16 the the DT 29252 252 17 social social JJ 29252 252 18 and and CC 29252 252 19 moral moral JJ 29252 252 20 point point NN 29252 252 21 of of IN 29252 252 22 view view NN 29252 252 23 it -PRON- PRP 29252 252 24 is be VBZ 29252 252 25 , , , 29252 252 26 I -PRON- PRP 29252 252 27 am be VBP 29252 252 28 convinced convinced JJ 29252 252 29 , , , 29252 252 30 thoroughly thoroughly RB 29252 252 31 sound sound JJ 29252 252 32 and and CC 29252 252 33 proper proper JJ 29252 252 34 and and CC 29252 252 35 called call VBD 29252 252 36 for for IN 29252 252 37 . . . 29252 253 1 Appropriate appropriate JJ 29252 253 2 taxation taxation NN 29252 253 3 of of IN 29252 253 4 excess excess JJ 29252 253 5 profits profit NNS 29252 253 6 , , , 29252 253 7 together together RB 29252 253 8 with with IN 29252 253 9 an an DT 29252 253 10 adequately adequately RB 29252 253 11 though though IN 29252 253 12 not not RB 29252 253 13 exorbitantly exorbitantly RB 29252 253 14 heavy heavy JJ 29252 253 15 income income NN 29252 253 16 tax tax NN 29252 253 17 would would MD 29252 253 18 go go VB 29252 253 19 a a DT 29252 253 20 long long JJ 29252 253 21 way way NN 29252 253 22 to to TO 29252 253 23 prevent prevent VB 29252 253 24 the the DT 29252 253 25 enrichment enrichment NN 29252 253 26 of of IN 29252 253 27 a a DT 29252 253 28 class class NN 29252 253 29 through through IN 29252 253 30 the the DT 29252 253 31 calamity calamity NN 29252 253 32 of of IN 29252 253 33 war war NN 29252 253 34 , , , 29252 253 35 without without IN 29252 253 36 at at IN 29252 253 37 the the DT 29252 253 38 same same JJ 29252 253 39 time time NN 29252 253 40 affecting affect VBG 29252 253 41 wages wage NNS 29252 253 42 or or CC 29252 253 43 laming lame VBG 29252 253 44 the the DT 29252 253 45 enterprise enterprise NN 29252 253 46 and and CC 29252 253 47 business business NN 29252 253 48 activities activity NNS 29252 253 49 of of IN 29252 253 50 the the DT 29252 253 51 country country NN 29252 253 52 . . . 29252 254 1 Yours -PRON- PRP 29252 254 2 very very RB 29252 254 3 truly truly RB 29252 254 4 , , , 29252 254 5 ( ( -LRB- 29252 254 6 _ _ NNP 29252 254 7 Signed Signed NNP 29252 254 8 _ _ NNP 29252 254 9 ) ) -RRB- 29252 254 10 OTTO OTTO NNP 29252 254 11 H. H. NNP 29252 254 12 KAHN KAHN NNP