Show PAYROLLS DESTROYED BY TAX ROLLS the moment a tax becomes excessive it limits the activities and nd opportunities tuni ties of every business and individual it strikes a blow at purchasing power and private employment it is a barrier to investment and industrial development the perfect government would be a government which cost nothing which did not need to levy evy taxes at all that utopian ideal is unobtainable but we should confine government expense to the cost of governing we should make governmental operations efficient and non wasteful we should keep government out of business projects and confine it to governmental functions as ed cd in the constitution when government goes into business it not I 1 only spends tremendous sums of I 1 tax money but inflicts great damage on the individuals and industries dus tries with which it competes while taxing them to maintain that competition as well as to keep government going the foregoing principles apply to all units of government federal state and local political power stems directly from the people if the people demand economy and retrenchment they will get it if they permit government extravagance and sanction government competition in the business field they will have no one to blame but themselves for high taxes and lost opportunities for individual enterprise the great need of the hour is for employment investment industrial du expansion exorbitant taxation is their bitter enemy A drastic cut in the cost of government would be the greatest contribution trib ution to recovery for the simple reason that billions now taken tak en by the tax gatherers would be spent by individuals and industries for a thousand purposes which create jobs purchasing I 1 power ower and new taxable wealth |