The Washington times., 1935-06-27

I.w,. u.r.x and explo ita-
ton.
Two principles should guide us
in all this: Cd honesty, and
| 90 economic merit Of efficiency.
But where does this soak-the-
rich taxation come into the pic
ture? The answer is that it
doesn't. I stand 100 per cent for
honesty, fairness, and efficiency
in all economic matters. I do not,
however, believe for a minute that
we can get such conditions by tax
alton.
What we need is to make the
game Of economic life a fair
one, by making the conditions
under which it is played right.
We need more and better COM
petition, which will be SO ord
cred that success depends upon
real efficiency. Then let each
one make as much as he can.
In that way only, think, can
we all attain the maximum Of pro-
duction and the highest possible
standards of living.
Let me state the reasons why I,
as an American citizens, object to
Mr.. Roosevelt's latest outburst
concerning taxation:
% It means a severe blow to
business recovery. In the first
place, it will discourage and
brighten all big enterprise and
capital, BOTH GOOD AND BAD.
In the second place, it will dis.
courage and frighten people Of
moderate income, for they will
rightly see that their turn will be
next.
say that we do want recovery.
And il we can't have these al
legged reforms" without contin-
ued depression, there is some.
thing the matter with the re-
forms.
~ It means the further fas-
tening of the letters of govern
ment RECOMMENDATION upon the
nation.
Already we have gone so far
that millions of men are almost
content to live on the Govern
ment. Even if they do some
work" they are not producing
anything of sufficient value to
earn a wage. So first the Gov
eminent borrows, and then it
soakS the rich. This is democrat
izing, and tends to spread de-
pendence. The longer recovery
is postponed, the worse the con-
dition gets.
Those who have not" grow
in number. They tear down
those who "have." Finally nobody
has anything. Hostility and
jealousy between classes and Sec
tions, are intensified. The very
life of the nation is threatened.
90 AS a citizen, I object to the
way this latest tax scheme is being
put across by Mr.. Roosevelt. For
no apparent reason, at the end Of
the session, he suddenly adds an
other must" measure. He says
to the Senate, Just pass this by
the end of the week, will you"
If the thing is q revenue bill,
it should originate in the House.
If it isn't, it is not a tax meas
ure at all, but another reform"
In either case, it is to our in
tereSt that a carefully drawn bill
be prepared, and that 1t then
be studied and debated by our
representatives.
This attempt to jam q tax
program through Is one Of the
worst cases of attempted die
tatOrShip yet seen in America.
a. AS an economist, I object
to mixing taxation with reform"
Taxes should be for raising rev.
enue, and for the generally &C"
cepted purposes Of government.
They should be levied upon all
citizens with due regard to ability
to pay and benefits received.
But the proposed measure violates
every principle of taxation. This
is always the way when fiscal
measures are mixed with reform
schemes.
If we want a reform, we should
determine just what the object is.
and then seek it directly and
specifically. If we want to break
up big business, let's do 1t directly,
and not pretend that penalties or
confiscation are revenue meas
ures.
Now is the time to stand for
business recovery, so that there
may be enough wealth produced
for all.
Now is the time to fight Mr.,
RooSevelt'S dictatorship.
Liberty National
~