El Paso herald. (El Paso, Tex.) 1901-1931, 1919-02-28

THE Bresfdeut On Tuesday signed the new tax BILL max
ing It law It taxes nearly everything and taxes hard L
s -ogqh unseutc unbusinesske taxation Some Of It
Is cmouaEed BY the statement that "he tax Is TO be
rid By the Manufacturer" which is buncombe. He may
advance the tax, but he VIII make the consumer pay nm
hack II be didn't he would probably 90 bankrupt It IS
tie last user of commodities who always pays That IS
the why harmful taxation is so serious matter
fcr everybody, for everyone IS consumer
BIT though the consumer pays the end business is
handicapped BY the excessive burdens placed upon It
trough the IN which taxation IS accomplished
TIE ain Of the trainers Of the revenue law, since en-
tered the way has been 10 make business pay the great
part Of the bill The new tax legislation, notwith-
standing that the over does not make any change
this usthod If It is continued far into the peace
period ahead its effects VIII be most uuavorable not to
say ParalyziHg-
To increase production, stimulating industries Of all
kinds and providing and more employment instead Of
and less, is more essential now Tran ever oeore II
usare tine because need TO take up the slack &C.
1asiozsd by the cessation Of war industries
The profits tax what hits the manufacturer II IS the
ouv important exception in the rule that the consumer
pays The profits tax IS very Steep "hat enC0uIassl
Is there 10 enlarge old business and establish new ones
wen profits if made, TO be contisczted by the gov
Il should be made plain that the theory which Turks in
The back Of the minds Of the lawmakers at Washington IS
good theory-to make those VINO derive most benefit IRON
and most from the government who are best able 10 pear
The tax burden bear H. II is the fact that the tax IS &
cssve that hurts business The prime object OF taxation
IS TO get the money Taxation fails If It does not do that
Bat i should levied in such way not 70 sap the
vitality Of that which u feeds II should not XII
The goose that lays the golden egg.
The taxation program Of the government, as now eHgl-
reeTed places heavy penalty upon those most able ny
tariff sagacty and perseverance, 10 produce uches and
consequently distribute prosperity, by putting on them
szorbsnt draft for funds to great and sometimes
etrzvsgant government expenditures any government
CA beat IN throwing away money with both hands,
q az least allowing others 20 throw II away, that gov
eminent record breaker See Hog Island and the air
plane budget But encouraged government spending TO
that probably billions Of dollars wasted
the UHbdIed purpose Of getting quick results To
al this justified, while the lasted There
graft and extravaganza the expenditures Of Of
the ether allied governments; perhaps all Of them But
government does c0nne its reckless Of money
70 var times We the border who have been
with several government departments IN various
-ances well what lack Of economy prevails As long
congress ladle funds out Of the apparently mex
hzubie treasures Of business extravaganza VIII not stop
except fear Of publicity puts warning hand before the
-penderE
So only the method Of taxation rough and harm
III but there Is reason TO believe that such
90 ne extracted from the public would be needed If the
government conducted fairly busnesslke basis
and with decent regard fer economy How much could be
1PPsd OF in that way scarcely be guessed Nobody
knows The financial end Of the government Is ruu BY
Iae Of thumb The ship Of state sails BY dead reckoning
i vii 60 BY precise calculation until the budget
system OF limiting government expenditures, figuring out
ne needs Of all departments gazing approximations
thereby, is Instituted That is highly pressing need
Jner that system It is fair guess that the public would
rot be called upon 70 dig up s6oO0OoOOoO as nov Con
ageaty the tax burden would be lighter that extent
IS loE lazaon1 tne needs Tor its application BY scien-
tine methods that the burden may be widely distributed
1 50 hardly percepble. tax Of one percent On sales
sogd raise three or four billion dollars every year ac
1ug 10 one authority would be easily collected and the
ordinary consumer would feel very little while n larger
lsa11ons II would weigh no no-e heavily than stau
y On doclnents Il IS urged that this N addition 10
ne income tsz, would raise all the revenue needed
Business shows tendency 10 be little bitter over the
AZ washington taznakers have Jumped the tax burdens
a-s IN me natter OF profits taxes They think con-