Show DRYING UP THE SPRINGS OF employment in discussing the question of how taxes bear down on tho the business man tho the san francisco recently conducted an investigation which showed that while the average person does not know what relation hla his t taxes ax bear to his net income carefully ma man aged business concerns know to a penny what tax load they are carrying A san francisco merchandising house in 1931 paid 63 per par cent of its not net income in taxes A large farmer paid 30 per cent and on some of hla his land which produced an income ot at 5 an acre lie he paid 25 an acre in taxes another nationally known fe con corn cern in tho the state paid 84 per par cent ot of its not net income in taxes art an outlook tor for no not income this year but with taxes just as aa high the Chron leal says these tre are not extreme cases basoa and then cites an insurance company which paid between 35 and 40 per par cents cent one ot of the big oil companies paid 30 per cent and a bog butter and egg man dug up 32 per cent ot of his not earnings anyone who Im imagine agins that soaking an industry from 30 to 80 per cent of its net income in taxes dregent doe gent sent soak the laboring man should think again such taxation simply means fewer jobs for it dries up the sources of revenue which create employment |