The Courier News from Blytheville, Arkansas on August 27, 1951 · Page 3
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The Courier News from Blytheville, Arkansas · Page 3

Blytheville, Arkansas
Issue Date:
Monday, August 27, 1951
Page 3
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MONDAY, AUGUST 2T, 1981 BLTTHEVILLE, (ARK.) COURIER NEWS *ACS TORE! Congress is playing politics with YOUR INCOME! CONGRESS is about to boost YOUR income tax again. At the same time, purely for ulterior political reasons, Congress still permits income tax exemption to more than 35,000 profit-making business corporations. Congres* allows ONE OUT OF TEN corporations to pay little or no Federal income tax on their business profits. Congress lets them escape taxes of more than ONE BILLION DOLLARS A YEAR .. .while taxing YOU more! Congress adds that billion dollars onto the tax bill of you and every other income taxpayer. Their political chicanery is costing you money .. .will soon cost you more unless you demand an end to this tax discrimination. These profit-making businesses coddled by Congress... in return for polit-oal favors from their leaders and promoters ...are COOPERATIVES, SAVINGS AND LOAN ASSOCIATIONS, MUTUAL SAVINGS BANKS, CREDIT UNIONS, and other cooperative banks and corporations of this kind. Even some MUTUAL FIRE AND CASUALTY INSURANCE COMPANIES are given favored tax treatment that adds to YOUR tax bill. It is time you protested against Congress making a political football out of your pay check, your pocketbook, or your business income. Write your Congressman and your two United States Senators immediately. The House of Representatives has ALREADY PASSED the new 1951 tax bill raising your individual and business income taxes by billions, but doing absolutely nothing to tax the billions in profits of these tax-exempt corporations. Thi» legislation is NOW before the Senate. Make your resentment of this tax discrimination against you heard in the hafls of Congress. Write your Congressman and Senators today. Demand that they tax the untaxed first, before increasing your or anyone else's Income Tax again. WRITE YOUR SENATORS NOW! Senator J. W. Fulbright Senator John L. McClellan C/o Senate Office Bldg., Washington, D. C. Garner M. Lester, Prnldent OK«r L. Malo, aecreUrj >nd Truran* •eth Marahall, Chairman •( U» Eieculire Commltt** National Tax Equality Association

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