Show I Who Pays IS S money taken ake 1 f. f from om small p purses as wen well r rIS FIS 1 as ns that disgorged by Iy th the vaults of f the thc rich that keeps the governments government's wheels wheel going round Not all whose incomes are moderate or orlow low v realize this Discussing the t tax drain drainon on low wages and salar salaries es the monthly r review view of the Guaranty Trust company of N New w York makes some som P points ints' ints that are worth keeping in mind The realization is growing th that t g governments verI-ments verI do not have access to any independent source of funds with which to meet expenses expense's expenses but that these expenditures are made with ith m money that tha has basS been taken by one method or another out of individuals' individuals pockets depriving the individuals of th the tho means of making additional disbursements disbursements dis- dis for th their ir awn needs or comforts or reducing their savings sa When the the rank and file of ot American people f fully understand that the major share of the cost ost of government m must st be borne by them and that the be benefits created created cre cre- by this spending are being paid for at an exorbitant rate and at the expense of unwarranted unwarranted unwar unwar- ranted deprivations government officials will Win fin find that the shortest road to political success lies in the adoption of sound vf l programs and ba baian balanced an ed d budgets budgets' the letter elter argues individuals in the lower income brackets hae not fully comprehended their part in I fi financing i i. n government which is s not surprising sing in the vie maze of intricate economic and fi financial ti- ti nanc al channels through which their contributions contributions' t to government flow A reasonable eStima estimate estimate eSti- eSti esti esti- ma mate e of the tr traceable e ble taxes paid by a family of four fou having an art aIt income of 2500 is a year This sa d deduction of pf out of a weekly in in- in coine come of approximately 48 or a contribution to togo go government of about 9 cents out of every dolar's dollar dol dol- lar ars ar's nt The individual or individuals in the family who supply the 2500 income must work a little more little or than one month out of every year to earn the money to meet these indirect tax levies This f. f falls fa far s short o of giving the co complete story of the he tax burden A A. vast amount of taxes is imposed on producers and arid distributors and nd such taxes are included to an indeterminable extent in retail prices According to an estimate estimate estimate esti- esti mate of th the Brookings Institution about bout 42 percent percent per cent of all the families of two or or more persons person persons persons' in fn this country have incomes below belo 1500 and the income of 11 71 percent is Jess than 2500 With nearly quarters quarters of all American fam lam Allies living on Mi an income me below what is considered considered considered con con- moderate and with th the tax burden oi on on this income already evere severe and nd tending to o in increase moo iii- crease h At should pl sl sot slI I- I Arrive riye h J if has aso ason n not arrived h n. n l can an no o ger pe be maintained main mam tamed that 1 th the e advantage ge taxes taxes- is that at they are painless |