Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 7 · column 2 of 4 · from the scan, no model involved
CAN YOU PAY 31% IN TAXES
ON THE NEXT CAR YOU NEED?
*The $2,000 car will cost $2,161 with the $675 total tax load shown above. Without any tax load it would cost you only $1,486. The tax alone costs the buyer $230 down and $30 per month for~15 months under the present Federal Reserve Board Regulation “W”. Then Mr. Car Buyer purchases the car on top of the Federal and State taxes, paying 1/3 down or $495 more and $66 per month for 15 months. Putting the two together, it’s $726 down payment and $96 per month and no interest or insurance is included. 31% of your new car will be taxes if we let the new Excise Tax become law. The. contemplated new tax ST $161.00 will come out of the car buyer’s pocket. If the buyer purchased the new car at dealer cost, the $675 would still be there: And the interest of f JQl^on, the lower priced cars will be there unless Mr. Public writes or wires the Ways and Means Committee, Washington, D.C., that you have had enough. The full increase will not be a profit item to the manufacturer, or the dealer— it will be collected from the ultimate consumer and returned to the government.
75.3%