The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1934-01-09
Roosevelt Budget
Is a Weapon for
Hunger and War
Continued from Page u

processing taxes and higher prices.
And so on, down the line.
This is the 1888 ordinary budget.
It gives us an idea Of what to look
for in our examination Of the latest
Roosevelt $10,000,O00 emergency
budget"
THE lions share of the govern
ments expenditures, we see, go
directly to the Wall Street capitalists
or their agents, into interest, tax re-
funds, subsidies, military expenses
The rest finds its way to the upper
class or its agents through high sal
aries, government awards, etc.
But where did the money come
from? A quick survey gives the an
swer. 1t came from the poorest sec
tons Of the population, from the
toiling masses, the workers and small,
impoverished farmers.
The actual receipts for 1888 were
81. 079, 100000. OF this $6000QO 900
was collected in excise taxes on ra-
| dos cigarettes amusemertS, medl-
cines. ETC., etc. These come mainly
from the small consumer, the vast
millions of wage workers living on
starvation wages. Then S746, 900, 000,-
| 600 in income taxes. But it was not
| the nillionaires who bore the brunt
Of this tax, as the recent Senate in
yestigations revealed. The Morgans,
RockefellerS, Melons, Fords, ETC., ETC.,
paid no income taxes at all.
It is a startling fact that whereas
income tax receipts totalied so per
cent OF the total receipts in 1929,
they now total only 36 per cent,
due to easy tax evasions by the
rich.
In the last year, only S241,2S3,00O
was collected in income and sur
taxes from the rich, although the
estimated total due from them &C
cording to the figures of income
should have been at least $2,000,-
000,00O more.
The ordinary government budget,
when examined. turns out to be
nothing but piece of financial trick
cry whereby the Wall STREET clique
of finance capitalists are intensifying
their robbery Of the toiling masses.
CTRIPPED of hign-sounding VERDI
y age about welfare" and "recov-
cry" etc, with which Roosevelt with
his usual cunning has surrounded it,
the new $10,000,000,0 600 emergency
budget has three main detectives:
l. To put the whole Of capitalist
industry into position where 1t
can become Immediately available
in case of war.
2. To absorb a huge portion OF
the total national income for the
running of the capitalist State,
with its police, military, ETC., as re-
pressiye machinery to be used to
crush the resistance of the masses
to hunger and misery.
s. To guarantee the inner group
OF Wall Street monopoly capital
lists, big capitalist landlords. against
| losses from the crisis, these losses to
be shouldered by the masses
through the agency of the govern
nent budget.
The Roosevelt budget, therefore, is
expression Of the needs Of the Wall
Street capitalists and big landlords
at the present time. 1t is the at
tempt of the Roosevelt government
to place a new $4,000, 100000 load on
the masses for the benefit of the
capitalist war plans, the guaranteeing
of monopoly prices, the guaranteeing
of bonds, mortgages, dividends, capt.
tai from the blows Of the crisis.
And, the eliminating purpose OF
this Roosevelt budget attempt to pro-
tect the industrial capital investments
of Wall Street is to keep the entire
economy healthy" enough to wage
the imperialist war for foreign mark
cts, which is the main thread Of the
whole Roosevelt program.
Let Us pry into this national bud
gel Let us see what it contains
! and nov its contents affect the daily