National Geographic : 1932 Oct
Twenty Cents out of every Dollar of the income of the people is the cost of government in the United States HE United States, your State, your City or your County must depend on taxation sooGOV:T EXPE to pay its current HjINCOME_ expenses, to carry 400 ]POPULATION on its undertakings, to pay off its bonds. r 5,200 2oo Every one-rich or poor-bears a share a ooo. ioo% , oo10% 0o% 100% in the tax burden. '1 1913 Some pay income taxes, estate or inheritance taxes, specific duties or excise taxes. But all are taxed indi rectly by the necessary inclusion of taxes in the cost of food, clothing, rent, merchandise, transportation and other necessities obtained through the merchant, the landlord, the transportation companies and others who, themselves, are taxed. While the population of the United States increased by 29 per cent be tween 1913 and 1931, the expendi tures of Federal, State and Municipal Governments increased by 375 per cent. METROPOLITAN FREDERICK H. ECKER, PRESIDENT NDITURES 351% 178% I Omar rcmA4 rehm, Nn FMFMI LIFE Governmental ex penditures consti ).. za tuted 8 per cent of the national income 475% in1913 and 20 per cent of the national .. income in 1931. Expenditures by Federal, State and lg--- Municipal Govern 129. ments equal 1/5 of the income of the American people one day's income ©iS3....co. out of five. CN. The only sources from which money can be obtained for the pay ment of such expenditures are the men, women and children of the country-by taxation, direct or in direct. Bond issues merely postpone the day when the expenditure must be paid for-by taxes, for there is no other method. The only control over such expen ditures rests with representatives of the people chosen for executive or legislative positions by the voters in their own communities. INSURANCE COMPANY S ONE MADISON AVE., NEW YORK, N. Y. "Mention the Geographic-It identifies you."