Not
only those who are now making their tax returns, but those who
meet the enhanced cost of existence in their monthly bills, know
by hard experience what this great burden is and what it does. No
matter what others may want, these people want a drastic economy.
They are opposed to waste. They know that extravagance lengthens
the hours and diminishes the rewards of their labor. I favor the
policy of economy, not because I wish to save money, but because I
wish to save people. The men and women of this country who toil
are the ones who bear the cost of the Government. Every dollar
that we carelessly waste means that their life will be so much the
more meager. Every dollar that we prudently save means that their
life will be so much the more abundant. Economy is idealism in its
most practical form.
If extravagance were not reflected in taxation, and through
taxation both directly and indirectly injuriously affecting the
people, it would not be of so much consequence. The wisest and
soundest method of solving our tax problem is through economy.
Fortunately, of all the great nations this country is best in a
position to adopt that simple remedy. We do not any longer need
wartime revenues. The collection of any taxes which are not
absolutely required, which do not beyond reasonable doubt
contribute to the public welfare, is only a species of legalized
larceny.
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