Show ajr D hilele a sed by western newspaper union contrasting OUR TAXES WITH ENGLISH SYSTEM THE BRITISH government wants jobs for its people it wants industry to produce merchandise for export so it may have credits abroad against which to purchase food raw materials and war equipment and it wants cargoes for its ships to encourage industry it levies low taxes on corporations and high taxes on the individual including those whose revenue comes as dividends from corporations in this country secretary has advocated confiscation of all corporation profits of more than 6 per cent on the dinv inv invested ested capital A minneapolis corporation with an 11 NI invested Vested capital of earned and paid out in dividends in 1940 a total of under the 1940 law it paid in taxes a total of under the law as proposed P OS ed by mr it would pay if that company were operating in england with the same amount of invested capital and the same earnings it wo would uld pay at at the present time a tax of only but in england each stockholder would have paid a tax on what he received as a dividend that tax would have been deducted from his dividend check and would have been the same sam e per share whether the stockholder owned one or many shares the individual pays instead of the corpor corporation aaion the in individual dividu al knows denni definitely tely how low much tax he pays directly or indirectly we americans own our american corporations we provide the capital i invested n in the tools with which in industry operates the taxes they pay is paid with our money but we are not supposed to know that figured on either a per capita or dollars earned basis we pay a higher tax than is paid by the english people an and d that is another thing we are not supposed to know to me it seems the english way is the more honest and more conductive conducive to national welfare PRICE RISES FAST RECENTLY a woman went into a chicago store to look at house dresses she found one that suited out but wished to look elsewhere re before buying at at another store she found the same dress but the price was some 10 per cent higher she hurried back to the clerk who had 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 1 can sell you that dress now said the clerk and then the price will be higher all dr dresses esses in that 11 line ine have been taken away for markup mark up T that hat is what is happening practically every day in the great mercantile establishments of the cities the prices go up while you wait Is that an evidence of inflation LAOR LADERS UNION LABOR LEADERS will not be satisfied until every man and woman who works pays a union for the privilege of working PORK BARREL OF yesteryear AND TODAY IT WAS NOT so long ago as time is measured that I 1 as a boy listened to the discussions of go governmental vern affairs by the farmers and townspeople as they sat around the stove in the general store in the iowa village in which I 1 lived the most frequently discussed subject was the pork barrel the rivers and harbors and public works ap made by congress well do I 1 remember an item of in one of those appropriations for deepening the channel of the DOS des moines river where it ran through our village it was acclaimed as wise legislation but other items for equally unimportant projects were severely condemned they did no not t mean additional dollars to be spent locally what was true of the american people in those days is still true we look at the activities of government from a se selfish fifish v viewpoint t we approve of a any ny activity that tha means a profit or benefit to any ul of us as individuals or to our locality regardless of its need or value to the nation farmers and town people are still discussing governmental activities and expenditures in thousands of american villages where appropriation pria tion items were once stated in terms of thousands of dollars and totals in limited millions the individual items are now in terms of millions and the totals in billions I 1 |