Show o 0 1 Only One Kind of Tax Relief 1 1 4 6 From Lou Los Angeles Express Th only scheme of tAx reduction which can bring relief to the country is that which cuts the rates of ot both rich and poor Xo No other other- kind will do Many of the country's tax reformers do not however see It In that t way One school is s for lor slashing taxes super to the vanishing point believIng believing believing ing the panacea for tor any real or Imagined business Ills Is In administering large doses of tax relief relle to the rich Another crowd as extreme as the first has no concern over what burden the well to do domay domay domay may carry caro and Is Interested only In bringing down downto to the extreme of ot Insignificance nce the normal tax rates the rates ot of the less well wn to t do And there are those who would leave the direct taxes as they are believing the relief sought would be more certainly obtained through reductions' reductions of tariff rates on goods Imported and cutting Internal duties on tobacco as an Instance Thus they go on until listening to the loud loudspeakers loudspeakers speakers broadcasting their several views the Impression Impression impression Im Im- im- im might be gained that the long hoped for forand forand forand and desired tax reduction had degenerated until It was nothing but a contest between groups striving for advantage to themselves without regard fox for the general welfare Were anybody In power to to pay heed to the lopsided chaotic schemes and selfish striving there would be danger that the country might lose Its revenue and nothing of public benefit benefit bene- bene fit result But the steady head and hani hana of ot President CoolIdge CoolIdge Coolidge Cool- Cool Idge may be depended upon to set congress on the right path and keep It there until the revenue law has been changed In a wa way that will be Just to everybody There cannot be and the president never has a thought that there might be reason rea rca son eon for tor antagonism between tax relief for tor the rich richand richand richand and tax relief for the consuming public The only scheme of tax reduction which deserves to be entertained entertained enter enter- tamed Is one which combines relief relle to the masses with relief to the large In Income ome recipient the man manof manof manof of business whose is Invested In enterprises which provide employment for others To Imagine that large fortunes can le excessively taxed with with- Injury Injun to smaller fortunes and to wage earners earn earn- ers era Is fallacy falla There can be he only one kind of helpful helpful help help- ful fui tax relief that relief that which r reduces duces all burdens |