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.
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room and plunks down $2000 fcfr a new auto, nowhere near that amount reaches the pockets of the dealer, the manufacturer ahd the suppliers of parts and raW materials. Some $624 has already stuck to the fingers of the federal, state and local tax collectors. By the time he shifts into gear the new owner will have joined in pajgng taxes on at least 200 separate transactions that went into creating the car.
Hidden taxes multiply rapidly. For example there are more than 475 taxes on the construction and materials costs that go into a new house. A new fall hat for a woman carries 150 hidden levies, a man’s suit 116.
On some items the invisible taxes total more than the real value of the product. This is True of a ton of coal, a gallon of gasoline a pack of cigarettes. On a loaf of bread, a quart of milk, or a pound of beef the tax comes to at least half the real value.
The ‘Tax Foundation, a private research group that keeps an bye on Government spending and taxing, has figured out the load of hidden taxes on families of similar size in several income brackets. Here are the Foundation’s findings: On a $3500 income the family pays out $799 in hidden taxes—$249 to merchants and manufacturers, $302 in retail sales and excises, $140 for sqcial security, and $108 in realty and minor taxes. The family’s income taxes, incidentally, total only $299.
80.2%