The Courier News from Blytheville, Arkansas on August 6, 1951 · Page 7
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The Courier News from Blytheville, Arkansas · Page 7

Blytheville, Arkansas
Issue Date:
Monday, August 6, 1951
Page 7
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MONDAY, AUGUST 6, 1951 RI.YTHEVILLE. (ARK.I COURIER NEWS , PAGE SEVEN • ^S^v-HS^"" • • •••••? •V^-.ffif.'TyfJt'f^K CONGRESS IS INCREASING YOUR TAX ... but has done nothing to tax more than 35,000 profit-making business corporations! C V->ongress is cracking the tax whip again ... for YOU! But not for the more than 35,000 profit-making corporations that Congress has been giving a FREE RIDE for over 35 years. Cooperatives, Building, Savings and Loan Associations, Mutual Savings Banks, Credit Unions and many Mutual Fire and Casualty Insurance Companies are either completely or virtually income tax free. They are excused by Congress from paying OWE BILLION DOLLARS annually on their corporate profits. , Because this is true, that huge amount,of tax must be added to your tax load. Congress has not hesitated to do it. The House of Representatives has already voted a 12%% boost for you as an individual, another 5% if you own or hold shares in an incorporated business. THERE IS STILL TIME TO PROTEST THIS TAX INJUSTICE! The tax bill is now before the Senate! Write your two United States Senators immediately. Demand that they tax the untaxed before increasing your taxes again. No formal or fancy letter is required. The simpler the better. But be sure to protest vigorously the loading of MORE taxes on you while these profit-making co-op and mutual corporations are permitted to continue their FREE RIDE. Write today. Remember—this legislation is NOW before the Senate and immediate action is required if this tax discrimination against you by Congress is to be stopped. **************** * * * * * * * * * * * * C Senator J. W. Fulbright Your Senators are: * * * * * * Ar Senator John L. McClellan + * * * * : /o SENATE OFFICE BLDG. * WRITE THEM * WASHINGTON, D. C. * * * **************** j NATIONAL TAX EQUALITY ASSOCIATION

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