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Show VK ALL PAY TAXES. j Less than three and one-half per cent of the population of the United States pays more than 96 per cent f the federal income tax, and less than l 7 per rent of all corporations in the country pay more than 95 per cent of tin- corpoiation income tax. The average person, merely glancing glanc-ing at. these figures, might decide that taxation is merely a matter affecting af-fecting the rich individual or the big business, and so none of his concern. Hut, unhappily, taxes do not work that: way. If a company is taxed a dollar or a million dollars, there is but one way it can raise the funds by passing the cost on to those who buy the articles or services it sells. Every person in the country is a taxpayer. When he buys food, pays rent, buys gasoline, takes out an insurance in-surance policy or goes to a theatre, he automatically pays some of his money to government. The old saying that death and taxes are inevitable is truer today than it ever was. And, as a result, tax reduction, far from being a matter that interests only the wealthy few, is a matter of tremendous tre-mendous personal importance to each of us. |