Show BAILEY TALKS OF I STAT STATE INCOME OME TAX PROVO Jan Bailey president iam Daley or Of the state board o ot of eA equalization equal equal- e- e I Rotary notary sPoke A club n ikc to to the members of ot the yesterday a proposed on ona a state Income tax Which he believes the next legislature will vill Wil enact This he said Was y s necessary but that it I was folly toly to assume that more than one million milon dollars iii llari could be collected an an- an from this source consequently such a aB tax tl must must be supplementary l Mr r BUiR h Bailey advised i e that it would t not not be wise at this time to force collection tion ton of J Europe's ropes rope's war debt He lie pointed out that tha there are too to many may tax free securities These he said attract capital capital capi capi- tal depriving legitimate business of the money necessary for Its advance advance- 19 ment meat This creates unemployment and financial distress in the nation Mr Bailey urged that naton If Ie taxes are reduced less must be spent and that which is spent sIlent more Judiciously Pub Pub- lie lic lc improvements are becoming a burden burden burdun bur- bur den dun ui upon the People but if I they insist that they must have them then they must expect to pay for them |