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This conference volume deals with the question of what the economic impact of a shift in federal taxation toward greater use of indirect taxes would be with respect to the rate of saving and investment, personal effort, the balance of payments, and the efficiency of resource use. A major focus therefore is on the economic growth and balance-of-payments aspects which have been most emphasized in recent proposals for substitution of a sales tax or a value-added tax for part of the existing income tax.

Originally published in 1964.

The 快色直播 Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of 快色直播. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the 快色直播 Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by 快色直播 since its founding in 1905.