| Show WHOLE COUNTRY BACKOF B. PLAN ILAN TO REDUCE TA TAXES FAVORABLE reaction to 0 to S Secretary Secretary Secre Secre- cre tary Mellons Mellon's plan for tor cutting down the burc burden en pf the federal income In in- In Income come tax is le sweeping in to on Washington Washing ton from all aU over the United States says the Detroit Free Press If the present tide continues to run rUIl it is likely to overrun all plans plana and programs made by blocs factions actions and special Interests for di dl directing directing di- di the course courso of the coming season esson of Congress What Mr Motion Mollon proposes clearly catches tile the Imagination and appeals i Ito I to tho the common sense of ot the tha nation I People set seo In the scheme of at the tha Secretary of ot the Trea Treasury ur something sensible practical and business like i I divorced from politics politic and tortuous tortuous' strategy I It is il going to be he pretty prett difficult for the opposition to manufacture ob that will stack tack up successful ly IY against the big fact that the scheme Mr Mellon otters will If tt Congress It save lave taxpayers in the Un United lied States approximately approximately ap IP- proximately a third of at a billion dol I lars annually bes besides des giving general help to the economic is Ie situation Anybody can un understand what this will mean Amon Amoni other things it will mean for the a average Average man and woman a little li 11 lightening of the burden of living a little less strainIng straining straining strain strain- ing to make both e a ds meet from week to week a lit lit e more chance hance to support a family without lying awake nights up ways and means to accomplish hat job a lit tie more cash for coi co torts forts and recreation recreation rethe re- re creation that will roll relit ye ve the drabness drabness drab- drab ness and com commonplace For business It will mean In thousands thousands thou- thou I sands of instances ml mi re money for enterprise that is ham bam ered Bred or starvIng Ing lag for lack of capit l 1 this relief will come not t merely lecause taxat taxa- taxa t ton n will be lower but Iso ilso because billions now tied up in a napkin as tax exempt securities a ill lI be tempted tempt- tempt ed into productive acts ity To the nation in ge gement ral iral a fulfillment fulfill fulfill- ment of Mr Mellons Mellon's st statesmanlike program will mean An an n increase in prosperity and what ils is s ev ever r more Important Important important Im Im- im- im it will brin k an assurance t that at prosperity will be permanent because it will wilt moue mor and more find on a broad MoUd basis and will gradually emerge ige ge from a condi condition condi- condi tion of handicap would have hav kept a less stron strong 3 energetic resourceful resourceful resourceful re re- re- re people im n a condition of ot economic dumps i |
