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 2 · column 1 of 5 · from the scan, no model involved
Don’t We Know It!
Some time ago—August 10 to be exact—a gentleman named H. Lester Hooker appeared before the House Ways and Means Committee. He didn't beat around the bush: he stated plainly that the customer was having to pay more than his share of taxes and was receiving not the slightest additional benefit. * He picked as a quick example the communication service. With phrases short and to-the-point, he said:
“In order to appreciate fully the impact of the excise tax on the users of communication service it must be borne in mind that the rates paid must make provision for the fact that the net income of the companies is subject to a 52 per cent Federal income tax. In other words, in order to produce a dollar of additional net earnings, revenues must be increased $2.08. On top of this the user of the service must pay an excise tax which is calculated as a per cent of gross revenues. The dollar amount of excise taxes paid, therefore, is substantially greater because of the effect of Federal income taxes upon the rates charged. All in all, it is perfectly plain that the compounding of Federal taxes in this manner results in loading on to the user far more than his just share of the expense of government, from which unjust expense the user receives not the slightest benefit.
“The part of the public that is having to carry the burden of this discriminatory tax has been very tolerant and patient in the past but we are convinced from the
73.6%