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Show . POLITICS VS. ECONOMICS j : Washington politicians would have us believe that i ,.eV have found, in this election year, a "painless" tax ; ; ,;at they are going to sock business and leave the rest of 3That sounds awfully good. We all realize that a $35, ; ,)00O,OOO federal debt must be paid sometime and, nat-i nat-i ..jv we are quite willing for the other fellow to pay it. r-t let's look into this thing a little, stiff taxes on a mill that makes overalls do not seem bother anybody but the mill manager has three courses ) '-jfore him : : " 1. Be can reduce the profits paid to stockholders ; - 2. He can cut the wages of workers in the mill ; 3. He can pass the tax along to the man who buys 1 the overalls. j People won't invest money in any plant that pays J hid only 2 per cent when they can get 4 or 5 some place "."e, so the first alternative is out. ' Actually there is only one source of revenue the j asumer. Already, though he may not know it, the aver-t aver-t -e individual is working two days a week to pay the - ;ts of government. He cheers because he pays no in-:ie in-:ie taxes. But his loaf of bread bears 53 taxes before u : eats it. 1 The insidious thing is that voters make no real 3 ;vk about the frittering away of billions so long as :;v do not realize they are providing the money. And ' ;e' money fritterers are afraid, for the time being, to ad-r ad-r ;t that everybody pays the bill. ' n |