The Waterbury Democrat., 1944-11-02
Punitive Tax Theories
 Of FDR Hurt Nations Economy, COP Charges
aY thA Renublican National Committee

By the Republican National Committee
 UNDER the New Deal, taxation has been per- verted from it's proper purpose of providing for the legitimate needs of government into part san weapon to be used to destroy the obests of New Deal hate
 The famous dctum that: "the power to tax is the power to destroy" has never been given so clear an example.
 This trend has been obvious throughout the en- tire period of the New Deal. Back in 1936 Brendan Bracken now British Minister of Information wrote: "Mr. Roosevelt, like most vocal hlmanitarians is good hater His punitive mind IS mirrored in the draS tic extension of the Capital Gains Tax Working men may be forgiven for thinking that MT. Roosevelt's passion for hah-baked reforms has reformed them out of their ojbs =.
 "It is the New Dealers who are the real menace to American prosperity. Until they cease to have power to run the Federal Government, confidence will not return to America. Confidence and MT Roosevelt go ill together. The power to create state of uncertainty, in which no business man or investor will incur risk is vested in the President of the U. s. Mr. Roosevelt is the first President who has thought fit to use that power"
 GOVERNOR DEWEY has said Our tax laws should be the most stable. They have been the most unstable The New Deal changed our tax laws IS times in 12 years It actually passed two revenue acts that out of date before they could even go into ef- feet"
 Such administration is not government, but anar chy the reverse Of government.
 Governor Dewey proposes complete overhaul of present confused and unntel1igble tax laws. He urges the creation of basic tax law which can be excepted to remain simple and generally stable. Such law would create confidence and furnish a foundation upon which citizens could plan their fu- lures with some assurance Adjustments of the tax rates could be made from year to year to take of extraordinary government expenses, to take ad vantage-for the. public gain-of any government economies.
 
 BUT the basic, consistent national tax policy should be directed toward building economic sys tenn that would provide full employment and raise the national income.
 low tax rate on an annual national income of $150O 100000 makes for far helathier condition than high rate on an income of $76,OO0O00 900 which is the largest figure reached in peace time under New Deal handicaps.
 These handicaps were not put on large corpora tions any more than on individual workers. In 194l New Deal treasury agent stated officially that "A man who works with his hands should not be paid as much as $5O00 year." Men who were being paid that much by the Lincoln Electric Company had to be reduced by their employers at the demand of the Treasury Department
 That is not giving worker break. That is not the kind of opportunity those in service will pect, and demand, when they get back to civilian life.
 After 12 years of befuddled, punitive theories about taxation 1t should be evident that the New Deal has no constructive tax plan
 Governor Dewey has one.