Thank you for visiting SNEWPapers!

Sign up free
Page thumbnail for Plentywood Herald
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.

Clipping

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

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

Are you sure?