Show 00 00 A PREMIUM O ON IDLENESS ful The Saturday Evening Posts Posta a atory astory astory story tory of an eastern textile of middle age who rebelled against high surtaxes surtax He closed his mill his capital and put the proceeds into tax free securities He lie now spends his time in travel and recreation This is what hat he says about it lt Why t shoud houd I keep factory hours subject m my capital to t the risks of business wear out in the daily grind and then hand over ove fifty- fifty eight per cent of my pr profit fit to the i federal government and large slice to the state and local tax tu collectors collect collect- ors on My Iy tax free bonds yield me more dollars that I can call my own than my business did before I gave it up The government that d me when hen I was a. a useful and productive productive tive citizen now puts a premium on my idleness The Green Amendment to the constitution constitution con con- which has been before con con- greet greM to do away with future issues of tax-exempt tax bonds was defeated on Feb eb 8 6 8 1024 by the narrow margin of 7 votes less lUll than the two thirds required re Many who opposed the amendment spent more time abusing those hose who favored it than in presenting present present- ing ng economic arguments against it Lazy wealth will enjoy another year ear of idleness in tax exempt bonds bondI but public demand for a square deal in taxation grows stronger every year ear |