| Show THE lUER I ALWAYS PAYS Our making law law bodies are be becoming be- be becoming coming comin masters in figuring fi out ways and means to dodge c responsibility responsibility responsibility for increasing taxes which the public has to pay pa A legislative measure will b be broadcast to the public as a ta tax reduction measure for the people Jut but pull pun aside the curtain and see what the real truth generally g is The net result of most tax re- re reduction reduction re reduction measures is a shifting shifting- of taxes from one class of voters to another hiding hiding- taxes under a new name or the collection of more taxes through splitting up the lev- lev lev levies e ies des in various smaller assessments assessment The reason rason for constantly climb climb- climbing climbing climbing ing net tax collections is obvious obvious- obvious thousands of new laws a great percentage of which demand in- in increased increased in increased creased public payrolls and expenditures expenditures expenditures As an example of tax camouflaging camouflaging camouflaging ing take the Federal 3 per cent tax on electricity which was formerly form form- formerly formerly erly added to the customers customer's elec elec- electric eec eec- electric bill This was in line with ial ial taxation such as the tax the tax on bank checks the Federal tax on automobiles etc Con Congress ress to make some kind of a tax reduction showing for electric consumers has shifted the 3 percent per percent percent cent electric tax from the user to the company compan In other words the toI I I 3 per cent must come out of the scant earnings s of th the investor This hides the tax from the gen gen- general general eral public although it will still continue to pa pay the tax in one of three ways namely It must be deducted from the earnings of the millions of investors in the power industry thereby reducing their previous income or it will be re- re reflected reflected re reflected in increased rates to cover this tax or it will prevent a re- re reduction re reduction of rates which mi might ht other othel otherwise otherwise wise have been secured Switching this tax from the elec elec- electric electric electric user to the security holder ison is ison ison on a par with switching switching- the gaso gaso- gasoline gasoline aso- aso asoline line tax from the buyer of gasoline to the oil company The politicians know that the electric company cannot add the 3 per cent tax to its bills unless it goes oes through the long process of securing a rate increase from each of the regulatory regulator commissions inthe inthe in inthe the various states They also know that no such stich regulatory price re- re restrictions restrictions re restrictions apply to other sales irr r taxes such as on gasoline where whereS where'S companies affected can add the lax tax x immediately to the consumers consumer's bill This political process of dodging ing responsibility for tax increases is isaH all aH part of the down breaking-down pro pro- process process pro process cess that is trying to discredit the inventor and inflame the public against the individual who has earned and saved ed and is trying to tomake tomake tomake make a legitimate return on his the capita the stored up labor of years of hard work II How much longer the the- people can be fooled with these tricks remains to be seen but the longer their eyes remain closed the heavier win will be the bill they have to finally pay Never forget that the tax taxpayers tax tax- taxpayers taxpayers payers and the consumer ultimately ultimate ultimate- ultimately ultimately ly foot every bill for every dollar doHar that our lawmakers add to the cost of government |
