Show Costly Fairy Talc With virtually every eVelY taxing unit front from the tho smal- smal smallest lest school s hool district to the tho federal government de- de demanding demanding manding ever oyer increasing tax totals it would seem that the heads of government would welcome and en- en encourage courage the growth of taxpaying enterprise But in tho ease case of the fed ral government this does docs not seem seem to he be the case caso The political for government owned tax free projects has been heen promo ted as good gol vote getting bait hait on the theory that government gov- gov can cau cut the tho cost COlt of services services the tho public hr by taxpaying lg i industries which help finance cut rate competition The rhe are arc not toM toll that they are arc plying paying twice for the called so-called cheap service first when they are arc taxed to it and second when they have havo to dig up the taxes tho government loses when its tax tax- free competition destroys a taxpaying enterprise Fc This is ir well illustrated by a current article in the tho Salt Lulu Lake Tribune It has to do with the tho Bonneville Power Administration extending its activities into Idaho anti and cutting its rates so as to take tako the tho power business away from n a taxpaying company whoso whose original original inal power contract helped a chemical company establish establish lish elemental phosphorus in s southern Idaho Idah following World War Val IL II Acc According to publish published cd reports tax free Bonne- Bonne Bonneville Bonneville ville has b been en losing money on its cut rate policy In- In Instead Instead stead of c correcting this it takes business away from fromn froma n a taxed heavily power company The Tho already over over- overburdened overburdened burdened taxpayer r will have to pick up the tho tab for forthe forthe the taxes lost Just how long votes can cun ho be won by this something for nothing fairy tale remains to bo be seen seon But if the tho policy is extended as is being urged constantly by centralized government authorities the tho people will wake up under n a socialist regime regimo with individual op- op opportunities opportunities and bureaucrats cracking the tho whip whip-Ind News |