Show business deals retarded by paternalism and taxes 3 there have been frequent state ments from business leaders explain ing that business expansion and em have been retarded by walnty as to how bow far the federal gov eminent has gone or may go into competition with private business an other fear expressed vas aas as to the effect on business ot of various items of legislation particularly with relation to taxes the following paragraph from a pur chasing order by a large western con tr trading acting firm shows how these tal operate on the every day busl bust ness transaction seller agrees to indemnify and sai save e buer harmless and to assume full responsibility for payment of all state and federal taxes for unemployment insurance old age pensions or any other social security legislation as to all employees engaged in the perform ance of this contract and f arther agrees to meet all requirements that may be specified in regulations now or hereafter promulgated from time to time by administrative officials the seller was nas required thereby to assume a variety of obligations that formerly were unheard of in business transactions the incident Is signify cant in connection with the oft re heated question as to why economic recovery Is lagging |