The Courier News from Blytheville, Arkansas on August 20, 1951 · Page 2
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August 20, 1951

The Courier News from Blytheville, Arkansas · Page 2

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Location:
Blytheville, Arkansas
Issue Date:
Monday, August 20, 1951
Page:
Page 2
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j MONDAY, AUGUST SO, 1991 PAGE THKEB * How much in BffM IHCOME TAXES can yourpockefbook stand? i I £^3k NEW TAXES' NEW TAXES TAXES NEW TAXES ***«, . NEW WJCES today, with skyrocketing living costs, every dollar of your family budget must count. When you have to pay EXTRA income taxes- over and above your fair share—because Congress permits cooperative and mutual corporations to pay little or nothing, you have LESS money with which to meet the needs and pleasures of your family or yourself. AT THE PRESENT 77ME-and for more than 35 years-the Congress permitted more than 35,000 cooperative and mutual profit-making businesses to pay little or no Federal income tax. Last year these tax- exempts earned more than THREE BILLION DOLLARS in corporate profits and escaped income tax to the tune of ONE BILLION. Make no mistake about it—that Billion Dollars had to be loaded onto the backs of you and eVery other taxpayer. In other words, YOU paid an \EXTRA amount over and above your rightful share because Congress played favorites with these tax-exempt businesses and discriminated against you, a taxpayer. Congress is getting ready fo boosf your Income Tax again! The House of Representatives has already done so. They voted to raise your personal income tax 12V2%-your business tax another 5%. Now the tax bill is before the United States Senate. NOW IS THE TIME TO PROTEST THIS TAX INJUSTICE Write your two United States Senators immediately. Demand that they act to TAX THE UNTAXED before increasing your taxes again. There i» »till time to pot a stop to thit tax favoritism and discrimination by Congress. But you must act at once. Write today. Your Senators are: Senator J. W. Fulbright Senator John L. McClellan WRITE THEM C/O SENATE OFFICE BUILDING WASHINGTON, D. C. National Tax Equality Ass'n Qanier M. L«Vtr, President • gt(h > I:1 rsha!l, Cli.ilrman ol Ihi Eucutlw OKU L. Hate, McnUr) and Ircaiurcr • •••1

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