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Editorial
August 11, 1932
Plentywood Herald
Plentywood, Sheridan County, Montana
What is this article about?
Editorial criticizes the growing tax burden, noting citizens now work 61 days yearly for government costs, up significantly since 1913, warning of national impoverishment, capital hoarding, and unemployment as per President Hoover.
OCR Quality
98%
Excellent
Full Text
Two Month's Work for Nothing
How would the average citizen like to work 61 days without any pay whatever?
The answer is that he wouldn't like it at all. But that, in effect, is what he is doing. Sixty-one days' work out of each year is required to pay the cost of government. In 1924 it was 46 days, and in 1913 about 25 days.
The ratio is constantly rising. Carried to the inevitable conclusion, it means that in the not-too-distant future, the taxpayers will be working for the taxeaters all the time, and for themselves not at all. Every time a new bureau is created, every time a new department comes into existence, a little more of the money we earn finds its way into the Treasury.
As President Hoover has said, to continue on the tax road we are traveling is to impoverish the nation. In the last 16 years the cost of government has increased nearly 150 percent. The results are found in the hoarding of capital, industrial retrenchment, unemployment. The tax issue, in all its phases, is one of the most important problems the American people have ever faced.
THURSDAY, AUGUST 11, 1932
How would the average citizen like to work 61 days without any pay whatever?
The answer is that he wouldn't like it at all. But that, in effect, is what he is doing. Sixty-one days' work out of each year is required to pay the cost of government. In 1924 it was 46 days, and in 1913 about 25 days.
The ratio is constantly rising. Carried to the inevitable conclusion, it means that in the not-too-distant future, the taxpayers will be working for the taxeaters all the time, and for themselves not at all. Every time a new bureau is created, every time a new department comes into existence, a little more of the money we earn finds its way into the Treasury.
As President Hoover has said, to continue on the tax road we are traveling is to impoverish the nation. In the last 16 years the cost of government has increased nearly 150 percent. The results are found in the hoarding of capital, industrial retrenchment, unemployment. The tax issue, in all its phases, is one of the most important problems the American people have ever faced.
THURSDAY, AUGUST 11, 1932
What sub-type of article is it?
Taxation
Economic Policy
What keywords are associated?
Tax Burden
Government Spending
Economic Impoverishment
Unemployment
Industrial Retrenchment
What entities or persons were involved?
President Hoover
Editorial Details
Primary Topic
Rising Tax Burden And Government Spending
Stance / Tone
Critical Of Increasing Taxation And Government Expansion
Key Figures
President Hoover
Key Arguments
Citizens Work 61 Days A Year To Pay For Government, Up From 46 In 1924 And 25 In 1913
Rising Ratio Means Taxpayers Will Eventually Work Only For Government
New Bureaus And Departments Increase Treasury Intake
Continuing Tax Path Impoverishes The Nation Per President Hoover
Government Costs Up 150% In 16 Years, Leading To Capital Hoarding, Industrial Retrenchment, Unemployment
Tax Issue Is One Of The Most Important Problems Faced By Americans