Show TilE THE SAME SAl BOAT o MW n I 9 w G BUSINESS L o r INDIVIDUAL TAXPAYERS P r r F Fi i FREEDOM l TO SPEND Of all the many myths surrounding taxation policies one of the more injurious to the nations nation's economic economic health is is the mistaken idea that taxing business is somehow different from taxing individuals Actually taxes paid by business are ultimately paid by the individual in a number of ways ways through through higher prices and more significantly perhaps through the loss of new products and services and new job opportunities which business would offer were it not for the tax burden In short both groups of taxpayers are arc in the same boat If assured of permanent tax relief both business and the individual could begin to plan on how to spend the additional uncommitted funds whether it be for private investment or for job-creating job business expansion As a recent statement by a spokesman for the National Association of Manufacturers pointed out both business and individuals require assurance of a relatively stable tax climate in order to make rational in investment investment investment in- in vestment and consumption decisions As the national debate grows over President Carters Carter's proposals proposals pro pro- proposals to stimulate the economy we hope that Congress will bear in mind that term long measures are also very much needed to relieve the burden of excessive taxes on business as well as on individuals |