Problems of Federal Tax Administration

Abstract

THE national defense program, still in its early stages, has already brought substantial changes in the Federal tax system. In 1940 Congress passed two revenue acts estimated to produce approximately $1,400,000,000 in their first full year of operation. It is the purpose here to consider the administrative problems raised by the tax legislation contained in these two acts and the prospects of satisfactorily solving them. In doing so, it will be helpful to refer to the experiences of the first World War period.