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Show OBSTACLES TO FACE NEW ENTERPRISES New enterprises trying to get started under present tax laws face almost unsurmountable obstacles, ob-stacles, declares Leslie Gould, a financial writer. The government is cutting itself in for from 50 to 80 percent of net profit with the average "take" around 65 per cent, Mr. Gould points out, adding that "it would not be possible for a Henry Ford, a Walter Chrysler, a Cyrus Mc-Cormick, Mc-Cormick, an Andrew Carnegie, a Charlie Schwab, a Dow, a DuPont, a Cyrus Field, a Harriman just to name a few who made this country to found an industry. "Yet if this country is to provide pro-vide jobs in private enterprise," the writer declares, "there must be an incentive to take risks and expand and develop new products and new industries." |