Show EXCESS COSTS excess profits taxes undoubtedly are abe main cause of lowered production and high cost of living congress must shift the heavy burden of taxation from production which Is now penalized on its output the fact Is coming home that taxing production with excess profits taxes Is almost directly taxing the ultimate consumer consumption taxes when placed on the necessities of life are hated as are so called luxury taxes upon articles of general consumption the excess profits taxes were heralded as bearing heavily on the great corporations but really result in increased prices on consumers As the luxury tabea were designed and advertised to fall upon the rich yet many of them as ice creams and confectionery tall on the poor re adjustment of our tax laws Is one of the most important problems before congress hard times are in store tor the editorial writers if old carranza peters out they will have to find another goat for hot shot an athletic friend wants to know what Is the american national sport we have 0 o 0 wa profiteering L atta |