Foreign Aid and European Tax Reform
Calls in United States for Tax Reform in Europe
Since the end of the war, substantial foreign aid appropriations—first for relief, then for recovery, and finally for defense assistance—have become a regular feature of the annual federal budget. United States foreign aid outlays since mid-1945 are estimated at $35 billion. Meanwhile, huge expenditures to expand the nation's own armed forces, as a part of the common defense effort, have pushed federal taxes to heights previously unsurpassed except in time of full-scale war. With no relief in sight, either from high taxes or from the need to provide aid to America's allies in Europe, Congress has been paying increased attention to tax levies and collections in countries aided by the United ...