Show EASY MONEY ILI in the minds ot of many people it F C Is a synonym tor for easy money I 1 with our backst turned t to 0 the wall financially we are willing to adept help from any source and too often under any conditions that may be imposed we do not hesitate to put our names on the dotted line without even reading the terms ot of the agreement it Is both tragic and ludicrous to note the purposes tor for which some ot of this easy money Is requested communities that are loaded to the guards with present debts and who are I 1 increasing nerea at n g their tax delinquency year by year are joining the long line of 0 borrowers they do not seem concerned about the terms ot of the loan all they want to do Is to get the money NOW and let the future take care I 1 qt f itself but there Is a day coming when all this money must be paid back j unless of course generous freehanded I 1 uncle sam agrees to tor for get it but even in that case he ha will come back at us in a roundabout way through the processes process ea of indirect taxation and collect every cent because uncle sam own a thing himself his only source of revenue la Is what he gets from taxpayers all he spends Is what he collects from the ta tax x what he collects from the taxpayers it the taxpayers have no money uncle sam Is broke when the taxpayers are in their heyday of prosper prosperity ity uncle sams treasury Is full no taxing unit in this state should delude itself into the belief that hot the money which la is being obtained in the form of loans must not ultimately be paid the principal plus interest there may be certain schemes and projects that are self liquidato ing and that are absolutely nee necessary es and upon which the community can justifiably ask for a loan but we should be sure in advance of making the loan that the projects we have in mind are not going to be disappointing to us as revenue producers in addition to all our other tax burdens these new loans constitute an additional obligation a lion lien upon the same property which we now claim Is taxed beyond our ability to pay to the taxpayer there is no easy money its all hard earned money hard to get and very difficult to pay backi back it will require a supreme quality of on our part to resist the temptation to borrow in order to tide over the present emergency but surely the experiences of the past have taught us how seriously we will imperil our own security it we indulge in loose borrowing without remembering that the day will ill come when we must debt pay the debt to the last farthing taxpayers collectively should not indulge in questionable practices which they as individuals denounce and avoid utah taxpayer |