The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1922-05-12

We have reached the point when the
huge totals of national and state ex-
pendi.ures may only be augmented
by the reckless and unthinking, except
WREN necessary to promote immediate
production, or to relieve extreme dis
tress.
The present fixed obligation and as
sumed functions of government must
call for total sums the magnitude of
which will now confound even the
wisest 70 adjust the burdens of tax
alton in keeping with the true inter
ests Of Our state and national life.
Any one who has the least know
ledge Of political economy knows that
the real good of any country may be
fairly promoted in time of war by
temporary methods of taxation, which
methods If continued in times of peace
Will be ruinous TO the state. In fact,
speaking in general terms, that the
same general methods of raising reve-
nues are followed through years of
peace which were employed in times
OF a great war is proof positive of
laundering craftsmanship. No better
proof IS needed. or can be obtained,
If such are permitted to continue;
the point of continuance is now reach
ed; for example, in too high rates in
the national taxation of incomes.
All economists are agreed that
under all forms of taxation unless
capital is caught. as it were unawares.
b. temporary or sudden change in tax
policies, the major portion of all tax
es Is shifted at once upon productive
enterprise: all such agree that under
any permanent form of taxation all
the load is carried by those in pro-
ductive enterprises, as that part
taken by the tax gatherer from the
Golfers Of capital is added to the exac-
tons which capital draws from COM
merce or production.
~ ehS piCSCHt oIuST VI our society
capital is the most independent mem.
Der of the triumvirate of commerce,
production and capital, so the lat
ter dictates terms for it's protection,
else flies to other lands. Valor is not
one of the virtues of capital. though
recent and past history furnishes us
with much proof of the patriotism of
many who possess it. / here use the
word capital in its popular sense.
The socialists know these facts:
hence. they wish to abolish all private
capital. sometimes wonder why
many editors no not change their
party ties and proclaim Carl Marx
as the political Messiah, rather than
waste their time and space complain
ing because water will not run up hill.
II is true that lands may never es-
cape tax levies and that personal
property does escape taxation in exact
proportion to the ease with which it
may be hidden, and thar those whose
NAS ALOnCy, JULIUS, OF QOIeS.
will all never pay their full pro rata
share of taxes
These facts are not altered by the
degree of wealth of the tax payers
but apply to the rich and the poor, de-
pending wholly upon the form of prop
erty possessed by each individual.
Thousands of the rich are very
heavy borrowers and never lend
money, while millions of the poor
never borrow, bur manage to keen
some money at interest to supplement
what they earn by toll.
Our tariff laws on imported manu-
featured goods simply shift the real
load of taxation from urban produc-
ton to rural production: SO, speaking
now of what conceive to be the true