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President Roosevelt's soak-the-rich program is purely for political advantage, according to Professor Harley L. Lutz writing in the lead article in the current "Harvard Business Review."
"By the year 2000 the taxpayer will still be feeling the effects of the New Deal program," he adds.
He believes that the loan policy which has been pursued will involve the country in much serious difficulties than would have been the case had a more drastic taxation program been followed.
In another article, Robert W. Chambers of the research staff of the Business School discusses the movie double feature as a sales problem from the angles of producer, exhibitor, and public.
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