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Show One-Sixth of Our Time Used To Pay Our Taxes While, in the majority of businesses, the tax bill is one of the greatest single items of overhead, business men give far less thought and consideration to this expense than to other, and often smaller, expenditures which they control con-trol directly. According to an article in the Tax Digest, approximately one-sixth of our national income now goes to pay the cost of government. Three years ago, in 1925, one-eighth of our national nation-al income was used for this purpose. And before the war taxes took but one-sixteenth. Govermental activities and main-tainence main-tainence in general are becoming steadily stead-ily more expensive with little sign of improvement. In spite of federal economies, the costs of state, county and city governments have so increased that the average citizen is carrying a greater burden than ever before. The business man should realize that one-sixth of his working time belongs to the tax collector under existing conditions. Ever sixth automobile, every sixth kilowatt of electricity.every sixth bushel of wheat produced goes to the tax office. If we are to have reduction, we must have public interest that examines ex-amines and controls expenditures. A lax public consciousness results in political extravagance and waste that must leave its mark on personal and general prosperity. |