Madison County Democrat. (London, Ohio) 19??-1958, 1950-01-24

cSo AooA VIII COSt the residents
OF Madison County an estimated
$3, 3,4O9,634, if the Truman budget
submitted to Congress January 9,
IS enacted into law, according to
the Ohio Chamber of Commerce.
Estimated cost for the State
at large would be $2,452, ,974, 200,
more than 10 times the total ex-
penditures for all public schools
IN 1888, it was announced by
Herschel c. Atkinson, the Ohio
Chambers Executive Vice Presi-
dent.
The States estimated share, Mr..
Atkinson said, also represents
three and one-fifth times the
amount appropriated by the Ohio
General Assembly to operate the
state government during the 1949-
1851 biennium. This includes also
the payment of the soldier bonus,
the proposed building program,
construction of highways, and the
operation of the Conservation and
Liquor Departments.
The burden would be approxi-
mately $306.62 for every man,
woman, and child in the State,
or 81. .226.48 for every Ohio family,
Mr.. Atkinson stated.
The Ohio Chamber official
pointed out that every individual
pays these taxes, both direct and
indirect, in the price of food and
everything used and consumed.
Taxes are absorbed in the selling
cost, and contributed heavily to
today's high cost of living.
In comparing Madison coun-
ry's burden of s3,4o9,634 in
proposed Federal spending,
the Ohio Chambers statistics
showed that the amount is ap-
proximately 6 Ito times the
total real, public utility and
tangible personal property
taxes collected for all purposes
in the county for 1948.
The amount of these taxes
in Madison County was $780,
773 according to the analysis.
Estimated cost of the budget
to Union County will be $3,066, ,218
or 6 Is times the total real public
,stility and tangible personal prop
rty taxes collected for all pur-
4 ~oses in 1948. The Union county
collection was S499, ,29O.
Fayette County's cost was es-
timated S5, 1922, ,954 or 10 1-20 times
the tax collection of $530,044.
Green County's cost was es-
timated $8,732, ,954 or 8 and 7-10
times the collection of $1,007.0 OBS.
Clark County's estimated cost
S36, 156, $40 or 10 " times the COL
lection of $3,518,372.
Franklin County's estimated
cost is $119,533,4 ,433 or 9 and $40
the collection of $12, 1917.
The estimates represent the
share Ohio taxpayers would have
to meet for the entire $42, AGO.
100000 Federal expenditures as
set forth in the Presidential
budget.
The share for Ohio is estimated
on a three-point formula based on
1949 Federal tax collections in the
State, including individual income
taxes, corporate income taxes, and
excise and miscellaneous taxes.
The 88 Ohio counties shares are
estimated by prorating the States
share among them according to
the proportionate estim a e d
amount of Federal income tax
paid by each county in 1948.
The Presidents $42, 400, ,000, ,0OC
budget total does not tell the
whole story, Mr.. Atkinson, said
The budget, he pointed out, does
not include his proposed pay roll
tax increase of $3,000,O0O,OOO al
fecting both employer and EN-
ploye, for socialized medicine ano
expansion of Social Security.
These social welfare programs
already exact millions Of dollars
annually from Ohio wage ano
salary earners in the form OF taxes
deducted from their pay-checks,
Mr.. Atkinson said. Should Con
gress approve the Truman pro
posals, pay roll taxes increased or
January /, will rise further ane
sharply.
Mr.. Atkinson contended that thu
budget can be balanced in l95l
without increasing Federal taxes
TT can be balanced by reducing
non-essential expenditures Jus
as we have done on the farm, II
business and industry in Ohio
and as every Ohio housewife ha
had to do in these days OF higi
taxes and high prices he said.
The Ohio Chamber official nam
tanned that a substantially smalle
budget than that proposed by tn
President would provide adequate
ly for every essential outlay o
the government
Such a budget amounting u
$36, 900, 100000, Mr. Atkinsol
pointed out, was proposed reeentl.
by United States Senator Harry l
Byrd, a recognized authority ol
xJ.I IS..aal affuirc