"Expressed in tabular form, comparative results from a normal tax of 12 percent., combined with present surtax rates and assuming all income up to $50,000 to be earned income for a single man, would be as follows: U.S. Per British Per Income Tax Cent. Tax Cent. $1,500 $60.00 4.00 $101.25 6.75 3,000 240.00 8.00 375.00 12.50 5,000 480.00 9.60 750.00 15.00 7,500 789.40 10.52 1,406.25 18.75 10,000 1,430.20 14.30 2,250.00 22.50 15,000 2,534.80 16.90 4,812.50 32.08 20,000 3,709.60 18.55 6,812.50 34.06 30,000 6,336.00 21.12 11,187.50 37.29 40,000 8,956.00 22.39 15,937.50 39.84 50,000 11,855.20 23.71 20,937.50 40.18 75,000 18,605.20 24.81 34,062.50 45.42 100,000 26,855.20 26.80 47,187.50 47.19 150,000 46,355.20 30.90 73,437.50 48.96 250,000 92,355.20 36.94 125,937.50 50.37 500,000 235,355.20 47.07 257,187.50 51.44 700,000 359,355.20 51.33 362,187.50 51.74 750,000 390,355.20 52.05 388,437.50 51.79 1,000,000 557,855.20 55.78 519,687.50 51.97 3,000,000 2,042,855.20 68.09 1,569,687.50 52.32 10,000,000 7,292,855.20 72.93 5,244,687.50 52.45 "With additional exemption of $1,000 for heads of families and $200 each for dependent children, the United States figures in the table would be reduced by $120 for the $1,000 exemption and $24 for each child. There are similar deductions to be made in the English figures. Furthermore, for incomes above $50,000, deduction for the excess tax has not been figured exactly in order to avoid long computations. This would slightly reduce the figure on the large incomes. But for demonstrative purposes, the table gives a fairly accurate general comparison of the range of taxes under the proposed English law and a tentative 12 percent. normal rate under our law. "It will be noticed that the rates would come together just below $750,000. It is in the range between $5,000 and $500,000 incomes that greatest divergence in rates occurs. The British tax takes its largest jump between $10,000 and $15,000, where the surtax begins to operate. The United States gradations are erratic and irregular, showing the haphazard manner in which the steps of the surtax were applied." ATTITUDE TOWARD WAR TAX BILL