OCR Text |
Show TO CRIPPLE NEW&PA- - ERS,NEXT, The present congress has several bills before It to levy special taxes upon newspaper publishers In addition addi-tion to those, they pay In common with other manufacturers. One of these bills which seems to bo regarded regard-ed with considerable favor, Is the one which provides 10 per cent tax upon advertising In all newspapers and 'magazines having a circulation off 5, 000 or more. It .seems the ob- Ject of the bill ls not -only to' raise a t -v '.. "-(. revenue but to.reduco newsprint consumption, con-sumption, by compelling advertisers if to. reduce their space. That Is to say thejprlmo objet Is not so much to secure revenue for Uucle Sam, as to reduce tho revenues of the newspa-' pers at a time when blank news prices pric-es compel publishers to secure added r Income to their business or shut up shop Hastings, Neb., pemocrat. This Is just another samplo of Ill-advised Ill-advised legislation tending to cripple crip-ple one of tho nations great Industries. Indus-tries. The special 5 per cent tax on candy is another sample of such legislation. leg-islation. The so called excess profits 1 tax Is the'grealest killer of all. Why not drop alt this special and ' class taxation, establish uniform tax laws and encourage Instead of discourage dis-courage legitimate Industry. i |