ABOUT TAXN$. O ' lN CASE yOU'RE INTERESTED . . . (An Editorial)

We no more than get the kinks out of our brains put there by trying to guess on September 15 what thi next four months will develop in the way of income, and along comes a new proposed Federal tax law. And what a law that would be!

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But first, another word about the 1942 tax law. An editorial in the Los Angeles Times says that nobody but Einstein could make out his 1942 rcport and make less than97 mistakes; so the citizen knows he's a criminal right ofi the bat. But the editorial makes a few suggestions that may help. It says:

"The simplest thing to do in figuring your tax is to find yourself a moron (if you don't qualify yourself) then give him a deck of cards, a calculus book, a second-hand mahjongg set, a crystal ball, a set of dominoes, and a bingo gFm€, and tell hirn after playing them all for a while to put down his impressions on a sheet of foolscap paper which previously has been walked on by a hen with muddy feet. He's liable to come closer to the answer than you can, brother." **t

According to newspaper reports a corporation in New York State, for instance, that is in the highest income tax brackets this year and has to pay both the Federal and State taxes, could come out loser on the year. And if that's true about 1942, what will happen to such a concern next year, assuming that Congress lost its mind entirely and made the new Administration income tax proposal into a law?

'The old saying that a certain man "is worth more dead than he i5 3livs"-vrhat's become of that? No doubt it has gone the way of plenty of other once accepted household rnaxims. Under our present inheritance taxes no man is worth more dead than alive, no matter how little he may be worth on this earth. And if the proposed new Federal law should get on the statute books we would reach a situation where it behooved every man of material possessions to see how much of it he could waste and spend this side of the grave. Once he closed his eyes in death his estate would become about as valuable as a last year's sparrow nest'

A man died the other day. He had labored fifty years for only one purpose; to leave his family well fixed. He was considered rich. He earned big salaries. When he died the salaries stopped. When they settled the million dollar estate the wife and each child hrid about $75,000 each. Invested in Government bonds they have just a fair living. The death of that man changed them from a wealthy family to one of ordinary means. We hear of many cases much more hurtful than that one The old Biblical query"O death ! Where is thy sting?" is finally answered. The sting is in the taxes.

The proposed new income tax rates handed to Congress by Henry Morgenthau, stopping by on his way frorn the White House, are lilies, and no mistake. Henry is, without doubt, a well meaning man. But his new law is one that could only come from a man who was born rich, never worked a day in his life, never had any business or financial troubles, never paid a tax from the sweat of his brow, never did any of the things the average American taxpayer has done in his r,n1t*t; through life.

In this nation whose entire history is built on the toil and struggle of men who had to make good on their own or else, it is too bad that every great tax measure should not be made by men who have been through the mill and the grind, who have toiled and sweated and saved and sacrificed and therefore learned the value of property, and money, and taxes-the hard way. There would be different tax laws. Laws made by men who haven't done things themselves fail to consider fundamentals. Wouldn't it be swell if, before we permitted men to tell the nation what it must do, we could say to them with authority: "Pardon us, brother, but what n*"*t?t*Uone?"

Congress was told that these new rates---on personal in(Continued on Page 14) f T'S hard to understand, isn't it, how an innocent looking piece of ! Numetal weatherstrip could have anything to do with winning a war? But let us tell you a story.

Foi over 25 years the Macklanburg-Duncan Co. has pioneered in the rolling, forming, stamping and casting of metals. \}(/e have turned out , literally miles of Numetal Weatherstrip like the piece above. That was before Pearl Harbor.

When war came, because of our skill and wealth of experience in manufacruring weatherstrips and other allied items, we were able on short notice to turn a technical handspring into war production. Overnight, the same machines that had produced the world's finest weatherstrip began to roll out huge quantities of vital parts for Uncle Sam's fghting planes. And that production has been and will be maintained until Victory is won.

Now do you see where that piece of Numetal weatherstrip comes in? Bur please remember this-when the noose of men and metal has choked the last dictator, Macklanburg-Duncan will again lead the way in bringing you new aod better products for the post-war world.

....will help YOU win Rew business

T0rtl0RR0tt!

This roll forming machine is one of many in our plana that ls tuning out strucural shapes for airolanc . . in a mutriiliciry of widrhs, gauges and tempers of metal. It is working for Victory now... but after the war ir will work for YOU !