Show Tax The Loafer Theoretically the perfect tax would be a tax on Inaction The proper man manto manto manto to to tax would be the loafer not the worker Idle land not used land inactive capital not active capital lack of enterprise not enterprise Such a tax would n not t be practical but it would be a just tax Our present taxes are based on an opposite theory We tax thrift action capital enterprise We levy taxes In proportion to ability to pay which means that the harder a coati man works the more we tax him the more thrifty he becomes the more we soak him the more efficient he grows the more we knock him down If a man saves his money and buys a house he is taxed If tf he wastes his money in extravagant living he Is not taxed None of our taxes encourage encOurage production by the simple process of discouraging discouraging discouraging aging idleness shiftlessness Inefficiency The devil himself could not do da a neater job of hobbling the race Fort Fort AtkInson Atkinson Atkinson At At- kinson Journal |