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Unfair Competition
By GEORGE PECK Uncle Sam’s taxing power has become something of enormous importance. He now requires huge revenues with which to finance the defense program and aid to non-communist countries; and after the emergency is over and for many a year thereafter, he will need huge revenues to meet the interest on the public debt, to begin to pay off part of that indebtedness, to take care of war veterans and to carry on the ordinary business of his government.
Therefore, anything that interferes with the right of the Federal Government, the 48 individual states and the municipalities of the nation to tax ANY business, must be removed. For example, the theory that government projects should be erempt from taxation is wrong. Only the true busi
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