Show why continue un unjust just ju st taxation because most money Is brave enough to want work anyhow tax free securities national state and district bonds ji no exactly establish est blish a price tor for in ars nd investment returns but buc a man with an income of a million dollars a year can invest in tax free securities and pay no tax ot of any kind where an income 0 of a million dollars from industry would pay approximately one third of a million dollars income tax because the income tax is much lower proportionately for the small income the small investor can take a chance on industrial investments in the hope of getting a greater net return after paying taxes than lie he would from tax exempt bonds industry must go to the small investor tor for capital with the income from tax tree free bonds escaping all taxation the working dollar pays all the taxes to support the government while tax free bonds bondi are a mortgage on all property tax tree free bonds at five percent are as good for tile the million dollar income as 11 per cent industrials when property and income taxes are figured against both |