Show Released by Western Newspaper r U Un 1 p I CONTRASTING OUR TAXES WITH ENGLISH SYSTEM THE BRITISH GOVERN GOVERNMENT wants jobs for its people it Van industry to produce merchant for export so it may have abroad against which to Purchase food raw materials and war equip ment and it wants cargoes for i its ships shins To encourage e levies low taxes on corporations It l high taxes on the individual fa j. I eluding those whose revenue cor coras corny as dividends from corporations I In this country Secretary foor Mor has advocated confiscation of all aU corporation profits of more than 6 per cent on the invested cap tal A Minneapolis n M ll t an invested capital of earned and paid out in dividen dividends j fc in 1940 1040 a total total of 14 Under the 1940 law it paid In in taxes a total tola of of Under the law as proposed proposed pro pro- posed by Mr it wo would woul pay If that company were operating in England with the same amount o of invested capital and the same ear earnings earn earn- ings it would pay at the present presen time a tax of only Bu But in England each stockholder would have paid a tax on what he received as a dividend That tax would have have been deducted from his dividend check and would have been the same per share sare whether the stockholder stock holder owned one or many shares The individual pays instead of the corpora corporation tion The individual knows know definitely how much tax he pays Directly or indirectly we Americans Americans Ameri Ameri- cans own our American corpora We Ve provide the capital invested in in- vested in the tools with which industry industry in- in operates The taxes they pay is paid oaid with our money but we are not supposed to know that Figured Figurel on either a per capita or dollars dollan earned basis we pay a higher tai tax than is paid by the English people and that is another thing we are are not supposed to know To me it seems the English way is the more honest and more conducive conducive con con- to national welfare S S S i PRICE RISES FAST RECENTLY a woman went into a Chicago store to look at house dresses She found one that suited but wished to look elsewhere before buying At another store she found the same dress but the price was some 10 per cent higher She hurried hur bus ried ned back to the clerk who had haf shown her the dress at the first store saying she would take the dress she had looked at but a few minutes before It will be about an hour before I can sell you that dress now said said the clerk II And then the price will willbe willbe be hi higher her All Al dresses in that at line me have been taken away for lor tOday mark That is what is happening practically practically practically every day in the great mercantile mercantile mer cantile establishments of the ci cities The prices go up while you wait Is that an evidence of inflation S S S UNION LABOR LEADERS will not be satisfied until every man and for forthe forthe forthe wo woman an who works pays a union the privilege of working PORK BARREL OF YESTERYEAR AND TODAY IT V WAS AS NOT so long ago as time is measured that I as a boy listened lis to the discussions of governmental governmental governmental govern govern- mental affairs by the farmers and townspeople as they sat around the stove in the general store in the Iowa village in which I lived Th The he most frequently discussed subject was the pork barrel the rivers and harbors and public works ap- ap P made by congress Well VeIl do I remember an item of in one of those appropriations for deepening the channel C oi the Des Moines river where it ra ran t through our village It was aCclaimed acclaimed acclaimed ac aC- ac- ac claimed as wise legislation but but u other items for equally unimportant 1 projects were severely condemned j col collars do do- They did not mean additional lars to be spent locally f What Wha t was true of the American people in those days is still true We Ve look nt rt the activities of go i from u a selfish vie viewpoint j jVe We Ve of activity tl that approve any j means a profit or benefit to an any of ofus ofus j us as individuals or to our l localIty regardless of its need or value t 10 w j r the nation 1 1 Farmers and town people a are are e s t j discussing governmental w I o 0 thousands and expenditures in American villages Where stated I r items were once dollars an t. t terms of thousands of totals in limited millions the J of vidual items are now in terms r millions and the totals in billion billionS billionS- t The for the those figures are too great rural critics to comprehend TheY Thel f but in they cannot visualize such sums are not alone in that Their representatives I w whO the men in congress O vote for such expenditures have nO t realization of what billion dollars a mean If we their constituent f could appreciate just what s such ch r of us the mean to each r b be would woula discussions of former formen days fus for f i riots of today It may be well t us t that h at we do not know The pork barrel of yesteryear has become a great vat of ot today today- I |