Mirage?
Artifact ID1973.1.921
Object Type
Cartoon Drawing
Artist
Bruce Shanks
(United States, 1908 - 1980)
Publisher
Buffalo Evening News
(founded 1880)
Gifter
Bruce Shanks
Date
ca. January 1968
Medium
Ink and grease pencil on drawing paper
DimensionsOverall H 17 in x W 14 in (43.2 cm x 35.6 cm )
Physical DescriptionPhysical DescriptionOriginal cartoon drawing. LBJ is in the desert with an empty canteen and sees an oasis ("10% Tax Boost Cure-All for Economic Instability."). A small piece of paper “© 1968, Buffalo Evening News, Inc.” adhered to lower right. Caption: "Mirage?". Signed and dated lower right: "Bruce Shanks 1-30-68”.
Inscriptions and MarkingsHandwritten at lower right: [blue] "All best wishes to President Johnson".
Historical NoteWhen Lyndon B. Johnson signed the 1964 Revenue Act that decreased income taxes and refused to raise taxes, spending by consumers and businesses increased. Along with government spending from the Vietnam War and Great Society, all of this increase of demand led to inflation. Raising taxes would decrease inflation. In January 1967, Johnson pushed for a 6% surcharge on income taxes. In August, this request increased to 10% and it was passed in June 1968 as the Revenue and Expenditure Control Act of 1968.Additional Details
Custodial History NoteThe item was a gift from the general public to President Johnson during his term in office. It was received by President Johnson, until the President donated it to the Lyndon Baines Johnson Library and Museum in 1973.
Credit LineGift of Lyndon Baines Johnson
National Archives Catalog CollectionLyndon B. Johnson Library Museum Collection (National Archives Identifier 192413)
National Archives Catalog SeriesGifts from the General Public (National Archives Identifier 189698395)
Use Restriction StatusRestricted - Fully
Use Restriction Note© Buffalo Evening News, Inc., 1968
The LBJ Presidential Library and Museum does not warrant that the use of materials will not infringe on the rights of third parties holding the rights to these works, or make any representations or warranties with respect to the application or terms of any international agreement, treaty, or protections that may apply. It is your responsibility to determine and satisfy any copyright or other use restrictions. Pertinent regulations can be found at 36 C.F.R 1254.62.
The LBJ Presidential Library and Museum does not warrant that the use of materials will not infringe on the rights of third parties holding the rights to these works, or make any representations or warranties with respect to the application or terms of any international agreement, treaty, or protections that may apply. It is your responsibility to determine and satisfy any copyright or other use restrictions. Pertinent regulations can be found at 36 C.F.R 1254.62.
Person Referenced
Lyndon Baines Johnson
(United States, 1908 - 1973)
In Collection(s)
Not on view
Subjects
Place of Publication
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