Show THEY'RE ON THEIR WAY F lIE state tax c commissions commission's stud study of tax taxA THE A 1 facts in Utah for 1933 shows that 58 of the towns of the state had to put more than 50 per cent of their tax revenue into interest and sinking inking fund charges on their local bonded debt The simple truth is driven home by such figures that those communities in tr trying ing to keep up with the Jo es have been living far beyond their incomes In doing so they ther not only bleed themselves white but they tIler handicap han ban the generations which are to follow them and pick up the part of the mortgage left unpaid Unless all communities whose fiscal programs programs programs pro pro- grams have gotten so out ont of joint call a 3 halt and mend their ways they are arc on their way 0 to 0 the same fate as overtook Chicago and many other American cities The situation over the state as a whole is istad bad tad enough where enough where the average take from tax ax x collections 1633 out of every assessed goes to pay for a dead horse in the form of old debts I Meddling with the tax structure e will dono do doo i ho no o one much good unless unless' we also decide to have only what we can pay for or at least keep borr borrowing win wing within hailing distance of rea- rea on The wh whole le country has gone in for an orgy of bond ond issuing and tax anticipation float float- ing hig Wholly forgotten has been the fact that judgment day is ii as certain as death and taxes |