Show TAXES COST THAN FOOD last year according to the united states news the american people paid for medical services for fuel and light each tor for clothing and for home rental for the most basic necessity of all food AND rl FOR OR TAXES the increase in taxation local state and national la is the most moat startling and menacing economic development since tho the world war it was not so long ago that wo we used to pity overtaxed european countries in the belief that we wore were escaping their experience today with the cost of all forms of government soaring in the face of diminishing taxable assets and earnings wo we are very close to the european level recently england one of the heaviest taxed countries enjoyed a general tax reduction made in the interest of industrial recovery the 0 united states unhappily has no such prospect A great part of the tax money does nothing to encourage industry some bome of it Is actually used fro projects and experiments which discourage and throttle private InIta initiative tive retarding employment rather than increasing it it la is a bar not a spur to purchasing power it stands in the way of investment industrial expansion farm and home holpe ownership it Is creating a vast wasteful and inefficient bureaucracy which waxes fat while the public which supports it starves industrial recovery and employment are inextricably bound up with the tax problem until government re trenches all our efforts If forts to go forward will be largely futile |