Athens banner-herald. (Athens, Ga.) 1933-current, March 20, 1952, Home Edition, Page PAGE TEN, Image 10

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Newspaper Page TextPAGE TEN Unpaid Taxes Hurt French Economy; Hit By Gold Shortage By CHARLES R. HARGROVE NEA Special Correspondent l PARIS—(NEA)—If the French| government could make people pay their taxes, revenue would exceed expenditure, If they would turn over to it their holdings of gold and gold currencies there would be no trouble about paying off debts incurred abroad. Against the less than 500 tons of gold that constitute the official national reserve, there are at least 2000, probably 3000 and possibly 4000 tons owned by French citi zens, What taxes citizens should pay -but don't—is the equivalent of at least one billion, probably twol b.llion and possibly three billion | dollars a year. ‘ Within two months recently, two governments bit the dust be- l cause Parliament refused to step up taxes in order to make the | 1952 budget balance, A third, now in office, pronounced ils aim to collect existing taxes instead of | raising tax rates, Estimates of tax ! evasion run from 20 to 50 per cent. The budget deficit would be more than covered if just 20 per gent could be collected. ~ * & But it probably can't be, for just the same reason as the two or | three thousand tons of hoarded gold can't be gotten into the com modious, nearly-empty, all-steel vaults of the national bank. One shrewd Parisian put it this | way: “Almost every citizen of France 18 convinced that the government is certain to lose or waste a good I part of any gold or francs he may i surrender into its keeping. “Therefore he says to himself: “The less surrendered, the bet tert'” ; Seeing what has been happen- | ing to the national currency for almost 40 years past, it is only natural that the French citizen should hold onto his gold and evade his taxes. { The government, after trying in vain to extort his gold, finally made it legal for him to buy and sell and hold it. It has now begun to make it legal for him to evade his taxes in full because they have become exaggerated, inequitable and complicated to the point of confusion. * - * § The fiscal system developed | these three defects by reason of’ the French genius for dodging taxes and successive short-lived | governments’ need of getting in more money as quickly as possible by any and every means. So one tax was piled on top of another and rates of taxation constantly raised.. : Income taxes, introduced into France less than 50 years ago and never a success, proved slower and ower to react to incessantly ris prices and harder and harder to collect as their rates were raised. Of all state revenue, they never nro@u«&gou than 26 per cent and now produce 23 per cent. Where they are paid in full it is by the salary-earners, who represent 60 per cent of all income declarations. : : Businesg contributes only 20 per cent and agriculture a mere 1.3 per cent. ‘ In 1950 just 80,000 farmers paid income tax on profits averaging less than $650, while the 640,000 businessmen liable to tax on in dustrial and commercial profits declared an average of less than ‘slsoo, the majority of them being taxed exofficio as having earned less than SIOOO. Of course the pro gress of inflation brought pay ment in francs of less and less purchasing value. Disappointment over the yield of direct taxation®* made France rely more and more on indirect levies. Use taxes now contribute 61 per cent of the revenue, turn A Few More ‘st DODGES WORTH-WHILE SAVINGS CORONET SEDAN - GRAY CORONET SEDAN - LIGHT BLUE CORONET SEDAN - DARK GREEN CORONET CLUB COUPE - LIGHT BLUE CORONET CLUB COUPE - BLACK WAYFARER TUDOR - BLACK “BUY NOW AND SAVE" J. SWANTON IVY, Inc. CLARKE COUNTY RABIES VACCINATION CLINIC PROGCRAM. ~ March 20 Thursday A. M., 9-12, Aikens Store, Hull Road. Thursday P. M. 1.5, Edwards Store, Winterville. March 21 Friday A. M., 9-12, Brooks Store, Brocks Crossing. Friday P. M., 1.5, Jim Towns Store, Whitehall March 22 Saturday A. M., 9-12, Hoyt Youngs Store, Gaines : School District. Saturday P. M., 1-5, Hamiltons Store, Princeton. March 24 Monday Morning, 9-12, Pledgers Place, Bogart. Monday PM, 1.5, Martins Store, Oconee Heights. over taxes 38 per cent. But there is evasion there also. These . turnover taxes amount sometimes to 20 per cent of the cost of a product, and naturally they rise. Thus the temptation is to make out bills for less than real values, the balance passing in cash. The estimated tax loss is hundreds of millions of dollars a year, Another defect in indirect taxa tion is its multiplicity. For in stance, 14 taxes fall on coffee on its way from the plantation to the consumer. Another, still more serious, is that the more rates are raised the more prices rise, b - L] The taxpayeér has another griev ance. Only 64 per cent of all pub lic revenue comes from national taxes, In addition, 26 per cent represents ‘“parafiscal” charges, such as social insurance, and 10 per cent local taxes. The Ministry of Finance estimates that ‘“fiscal and parafiscal pressure” absorbed 38 percent of the national income in 1951, -against 28 per cent in U. S.A. and 40 per cent in Great Britain. Parliament’s recent revolt against higher taxation makes some sense. What is wanted is simplifacation of taxes, more equitable incidence, more moder ate rates, and, last but not least, something like stability of the currency. ; An authority on taxation sug gested the other day in the most serious of Paris dailies that fi3cal injustice may be today greater than in 1789, when fiscal injustice bred the Revolution. Like the franc the fiscal system is tottering, JAPANESE GOODS LEAD KADACHI, Pakistan (AP) -— Japan has edged out the United Kingdom as Pakistan’s chief sup plier of imported goods bought privately. An official review of non-gov ernment seaborne trade for 1951 shows that Japan sold to Pakis tan products worth over 107 mil lion dollars while the TUnited Kingdom supplied only 98 mil lion dollars worth. Robot, meaning a man-like ma chine or a man who works like a machine, came into general use after a Czech play about robots became popular, Personal . . To Women With Nagging Backache Nagging backache, loss of pep and energy, headaches and dizziness may be due to slow= down of kidney function. Doctors say good kidney funetion is very important to good health, When some everyday condition, such as stress and strain, eauses this important function to slow down, many folks ln‘cnu.- ging backache—feel miserable, Minor blad« der irritations due to cold or wrong diet may cause getting up nights or frequent passages, Don’t neglect your kidneys if these eondi tions bother you. Try Doan's Pillsa—a mild diuretic. Used successfully by millions for over 50 years. It's amaging how many times Doan’s give happy relief from these discom forts—help the 15 milesof kidneytubes and fil sers flush out waste. Get Doan’s Pills today! ® A% Bt gour favorite % Pee. §ood glore “COUNTRY THE HAM MAKES ! THE OIFFERENCE! ( iTN : A A RS RIS Mg o E’ " 'P ‘ » . L' ARMOURS w& ARMOUR'S CORNED * ey ! ) A Treet Beef Hash & { Ko \ } b ' ‘ 12.0 z. Can 48;’ 16-oz. Can 39¢ » / L P. 5 s 7 T ——— T ———— " R, R ARMOUR'S ARMOUR'S . — AN rame - Chopped Ham | Corned Beef ). & | customers | GOlden Loaf woutee QYE | o 58y | o 49 : 1 L L e e D ——— e — : (1()"“(’[‘ JANE PARKER CINNAMON & S i : “Isn’'t Nature Wonderful?” BreakfaSt ROIIS PR 25¢ Beef Stew Dried Beef : m:‘:e.f:'.’,fﬁi:'.f: s:r(::fk::: s | DAUFUSID iwon can 8¢ sion i 3G ¢ | human nature that we're most —— B—— :Pt canned OYSters SOt 49¢ ARMOUR'S—WITH BEANS ; ARMOUR'S—WITH MEAT ‘ Its h ature for you, . * | our customers, to want the best | IGNA BRAND ChiliConCarne| Spaghetti f possible value for your money. es T OMatoes 2o QOYF |o 38 wo- cn 32¢ s | shopping and cooking. et K s e S ———————— p We assure you, A&P is doing o - s ARMOUR'S VIENNA ARMOUR'S : “:?eb::“tv:;:.‘::]]!:o';{h‘:::eo:::-l::': Marga rl n e 1-Lb. Ctn. 21¢ sausage ; DeV"Qd Ham > ture .. . being modest, we don’t & 2 1 % 18 , | think that’s wonderful—but we A&P OR PACKER'S LABEL No. % Can f 3%-oz. Can ¢ L think you are! - & » | CUSTOMER RELATIONS G apes tj ce 24602(:‘!}835¢ , iR BE r ruicsul { ’ A&P Food Stores BALLARD'S . T T VAT I 3 ¢ > 420 Lexington Ave,, “ - 3 ‘ .l | ey | oven-Ready BiSCUItS 27 -2 3¢ fresh fruits s PICKLE P-ATCH SWEET MIXED ; . ‘ I and Vegetables 4 . ¢ Thrifty Ann Page Ready-Cooked | e - . lc e s 220 z Jar ¢ ‘ i ¢ "% ‘.;‘. sO\ (1 /,:’;f\\ : sl ! e NG ] : HUNT'S—YELLOW CLING—SLiCED OR HALVES | BEA N s ~';\\(N'» a 0 s r-‘:w:;:l."; ’ s Rt & FLORIDA YELLOW 25 Peaches 29y |i--10) & Swoet : i, §% s vaueriss \Peais 4 weet Corn 3:-25; HURST'S PINTO i 2 > FRESH CRISP ICEBERG ' e STRONGHEART - Deans “-4«97" poc Foop | Lettuce 2--19 : STOKELY'S 3 ; FLORIDA LARGE PASCAL : 7 16-Oz. Cans 29¢ c l 219 » catsu 14-01§3tﬂe 1 ¢ Limited Time Only * ee r y i ﬁ : ‘ y . . FLORIDA MEDIUM SIZE WHITE HOUSE APPLE > 7 , | : Py, | Grapefruit..-35, { e y 3Lb. Jae f Ry AR | : 5 ey ; ARG v FANCY RED WINESAP ; | ik . i ot . SUPER-RIGHT SMOKED iApp Ie s 2 . 29ﬂ K 2 FF (PICNICS - 35¢{ gia: E 3 > 4 £y s i % r g 8-Lb. Mesh Bag 39¢ :¥ “( \“ﬁ-!’n“ U, S. CHOICE T-BONE, FANCY BRAND i ' an es ’ | A ’ ' "’|'~r;g L BEED O R DRY SALT MEAT N B 3 4 . r - s . ' 5 vi2_ ' Steaks ... Ib.%c Sireak 0" Lean b. 25c | : )T .;j_\j;,ﬁ FRESH DRESSED AND DRAWN A v A o BT ’ _ /ﬂS AR Lb. .ARR | 4 | : ﬁ:;k " ?"’ 3M A o BURRY'S ' ,‘&kﬁ‘?a‘;‘ .e\ | Moonlight Mallows. .2 7:0.. res 29 8 3 Tl s "~f,f.=f"%, P S e i '} MARGARINE % Ag" *;;5 A v 4 Kraft's Parkay......... .10 cto 29e . an an ; Tl Sa ). A 7 EASY TO PREPARE “ - ’ TELY 4LS R Bisquick for Biscuits .. 0. re. 4%e . "i‘\i\‘\;f?(:. T BETTY CROCKER ; s SR Ginger Cake Mix......1w:0.rke 280 ' : > NABISCO PREMIUM 5 @ & : o . ‘ Saltine Crackers........ 1 rke 25e i = A . ) TV SO’:P TOILET SO‘:P CHICKEN OF THE SEA @Z’OM It S a : Palmolive Paimolive % Bite Size Tuna..A.......0u»0z. Can 330 TR inay ) m:vuaﬁs 35m ; s | Brwcun 25/ 2niocun2Bs¢ e L D 14%/ "Woummm ’ _— —_— e e | QT A nd b < —_— ,{ Cashmere Cashmere ﬁ |A{ bl (! 84 % I Bouquet Bouquet — — i nt Bo : : 3 Reg. Cakes 25% 2 Bath Cakes 25" ; : - { - 1 Iﬁ( Quars g 1 9 —— —————— ; “Gal.-Bogy 3 K : TOILET SOAP ’ GRANULATED SOAP }‘ 5 4% Gu[ B - - Bot], . Octagon Octagon 126 Oconee St. | )55 ¢ : < b Cake 7¢ 20-Oz. Pkg. 30;’ \ " ; % ;-WMWWWWWWWMWWW : SOAR FoWT | NRAR Pownes CLEANSER DURPEE 15¢ VALUE Wesson Oil | Fab . » i | : Vel - Octagon Ajax Flower Seeds Pist Giass 10 | : Le. Pk 30e Ginnt Te ! 19-02. Pkg. Joe . Giant TQe 13.02 Pke. Qe 10.0. 2dbe 2 b 25’, AT N 0 EXTRA COST P 59# § : Se Uy IBN St e A u——— { et . | R | o Sta-Flo e | ’ super suds oLAUiDR\ SOAP & CLEANSER HARTZ MOUNTAIN LIQUID STARCH j ewe' o'l % i Le. Pkg. 29¢ Giant §9e C agon OCtagOll : YUMMIQS 320 z Glass 290 Pint Glass 27T @ E | 2 Med. Pkgs. 25¢ Lg. Cake 8;’ 130 z, Ctn 10{ 23,-oz. Pkg 8{ ¥ Gal 39/ Quart Glass 53{ E b “l | R 1 WILSON'S CERTIFIED snorz‘mr\'mc' } ‘ - Snowdrift urePork Sausage - Roll 29¢ =-« " , $ ‘ ELa Tise SUNNYBROOK ‘ e A ALGOOD BRAND SLICED CRISCO e F. F. V. VANILLA el BACON |b 396 1 Lb. Box E 49 12 Oz. Box ¢ B .. L . e . : ggs Svye L L c . ‘ Figßar ...... 25cl AL Wafers .. .. 29 Pink Salmon 49¢ Thai BANNER-HERALD, ATHENS, GEORGIA THURSDAY, MARCH 70,

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Athens banner-herald. (Athens, Ga.) 1933-current, March 20, 1952, Home Edition, Page PAGE TEN, Image 10