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As a device for saving the taxpayer's money, the commission plan in its usual form is ideal, as a means for securing the benefits of the expenditure of this money to the non-propertied or very small propertied classes, it is in its present form worse in the long run than the present corruption and waste.
We are not spending the Federal Government's money, we are spending the taxpayer's money, and it must be spent in a way which guarantees his money's worth and yields the fullest possible benefit to the people being helped. The answer to many of the domestic problems we face is not higher taxes and more spending.
They would poll the state and point out that for so many million children under age fourteen, precisely zero of them have left home to set up their own housekeeping. One might just as well waste the taxpayer's money by passing a law that confirms the Universal Law of Gravity. "But that's neither here nor there," he said.
For, it is the country's greatest debtor and its greatest creditor, while there is no debtor so free of seizure and no creditor so absorbing, since, making the laws and possessing the force, it can, firstly, repudiate indebtedness and send away the fund-holder with empty hands, and next, increase taxation and empty the taxpayer's pocket of his last penny.
We are not spending the Federal Government's money, we are spending the taxpayer's money, and it must be spent in a way which guarantees his money's worth and yields the fullest possible benefit to the people being helped. The answer to many of the domestic problems we face is not higher taxes and more spending.
The tax is all levied directly upon the recipients of the individual incomes, and the assessment is based upon the taxpayer's declaration, which for the purposes of this tax must cover the "entire net income from all sources, corporate or otherwise." The tax is thus largely distinct from the normal income tax as regards both the method of assessment and the rates.
Witness, how a robber on a large scale, such as a privateersman confiscating the goods of an innocent merchant, or a chancellor of the exchequer putting his hand into a poor taxpayer's pocket, is held up in history to the admiration and honour of posterity; while, a petty thief, who may steal the watch of Dives, or a starving wretch, who snatches a loaf out of a baker's shop, gets sent to the treadmill their actions being only chronicled in the police news of the day.
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