Inasmuch as the State ow: dustry an fixes prices on all commodities, it is app that the State is virtually extracting mone; from one of its pockets and placing it in another is also apparent that through fixed s levy is transmitted almost directly people through the prices charged for the State levies an income tax on kinzman and employee, rolled and paid by the come tax during the present year doubled from 3 to 4 per cent of th up to 4 to 8 per cent. criticisms that this system of taxation is capitalistic and therefore inconsisient with the Soviet's socialist aims, there is the charge heard even from Soviet leaders themselves that the system fosters unnecessary bureaucracy. This barge appears to be ntiated when it is considered that literally thousands of employees of the Commissariat of Finance are needed to handle the various tax turns, The Commissariat itself displays evidences of the decline of intelligent management of the budget system. Each succeeding Commissar of inanee—and there have been several during the past few years—has been less informed an less talented than his predecessor. Gregoire Sokolnikoff, one-time Ambassador to England and Commissar for Finance in 1922, was an expert in finance. However, he was taken out of the finance post and later imprisoned as a Trotzkyist.
Gregory Grinko, who bec: ance Commissar in 1020, was less capable but nevertheless active in his domain, and entered the office ith considerable experience in finance. He o became involve e of the Soviet and in March, 1938, executed His successor and present Commissar of Fin-nce A G. Zvereff appears to have had little experience to prepare him for this
Text read from the printed page and cleaned; old type leaves the occasional error.