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FARM BUREAU = (Continued from pnge 1) one way or another increase' the price tag of practically everything we buy.
*The< federal debt of 275 billion equals the full assessed value of all of the land buildings, mines, machinery, factories, livestock—every thing of tangible value in the United Jtates. Ten per cent of our federal taxes are required just to pav the interest.
We now have 53 state aid programs under which the federal government contributes money to “help” the states. ■
Fourteen new federal aid programs are now being proposed— which if adopted, will make 67 in all.
AH federal money is collected from people who live in the states —there is no other source from which to obtain it. Tt is estimated that of each federal aid dollar collected, onlv 80 cents on an average is returned to the states—20 cent* goes for administrative costs.
Many authorities agree that a _ta\ burden representing one-third of the nation’s income is dangerously high. Yet Our local units of government are seriously short of funds needed to earn’ on' the essential and basic functions of governfbent—schools, hospitals, police protection, etc.. .»■ N'o responsible legislative bodv, Congress included, ever appropriates tax money' for any cause without specifying how it is to be spent. Therefore, to the extent' that the states and local units of ■ government shirk and dodge obligations and responsibilities which -. are properly theirs and shift the
42.8%