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Show TAXING THE LITTLE FELLOW People of small and moderate means may think they' escape taxation because they pay few or no direct taxes. But they are in reality among the heaviest taxed of all people on a percentage basis. A study conducted in two typical states Illinois and New York by Dr. Mabel Newcomer, Vassar economist, is of special interest. In New York, a typical wage earner with an income of $2,000 pays $276 to $334 annually in tayes. In Illinois, where there is a sale's tax, he pays between $276 and $359. On a national average, taxes take approximately 20 per cent of income. This money is collected mainly through indirect in-direct taxes. The tax paid by the shoe manufacturer and the retail store, is passed on to the shoe buyer. The tax levied against the electric company is a necessary and substantial part of the consumer's bill. So it goes, with even-thing we buy. luxury or necessity. ; You can't beat taxation. Government can't live off the rich there aren't enough of them. It must rely on those of small means for sustenance. These are facts that should , be understood by every citizen. j |