1 < > t i t. While things are far better than this in tin' I'nitcd States, where thousands of citi zens earn more than $15,000 or $16,000 a year, it is well to keep the present situation in Britain in mind when we think of our tax laws. The new Administration must reduce tax rates if the trend toward higher and higher levels is to be checked. In the I'nitcd States, we do not take the attitude that larjre incomes are necessarily evil, if a fair rate of tax assessment has been made. I'nder the English tax program, larjre incomes are almost impossible and the end result will be a standardized scale of living for all professions and workers.

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