Existing comment:
NIXON, TWO MEN AND BIG MONEY BAG
Using an impoverished person, crushed by the weight of a wealthy man’s money, Herblock advocated for the income tax overhaul U.S. Congress had proposed to President Richard Nixon. Feeling the Nixon administration’s negativity about benefits to the poor, Herblock argued the rich received far more than the impoverished. In 1969, Congress proposed to increase taxes on the wealthiest Americans, while giving the working class a greater number of standard deductions. Despite his reservations on the bill presented to him, Nixon signed the Tax Reform Act of 1969 into law on December 30, 1969.
Nixon, Two Men and Big Money Bag, 1969. Published in the Washington Post, February 14, 1969. |