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Show INCOMES DROP AS TAXES RISE A comparison of 1920 with 1US9 .hows a decline of eleven billion dollars in national income and an jlvl.ea,e of more than tour bill"... ,iolh-s in taxation, declared The Committee of Americans, with heuikiua.-te.-s i" Vork- In VV) the national income was --70 r,0(t (!0 while in m:'.!J the tional income was only .iS..ill.0D0. In !!)- the government debt only $:::;.70O.000,0(l; while in l"-l: ihe'sroveruuieiit debt s.ood at $(!.-UliO.OCO.OOO. $(!.-UliO.OCO.OOO. Taxation per ptvsoi-in ptvsoi-in 1329 was $St.00 while in I'M-taxation I'M-taxation was $107. And we ar still going into debt at the rale of about $11.00() per minute. The trouble lies majorly with government spending in 'Washing ton. Its postage cost in 1932 was fl 1-10 million, now it is 3(1 million, nd so it goes al lalong the govern ment frnt. In .lie last -en years it ine:va?ed its expenditures IOC per cent whereas all state and local lo-cal governments spending increased only 4." per cent. In the same time taxes increased about 45 per cent while private income decreased 30 pe,r cent. The Committee says. "'Write. Wire, Phone your congressman, out with all boondoggling and po Iitical spending. Give a clear right-of-way for Nn-' Nn-' tional Defense." |