Kankakee Valley Post, Volume 10, Number 47, DeMotte, Jasper County, 10 October 1940 — Hidden Taxes [ARTICLE]

Hidden Taxes

More than 22 per cent of the'.total national income is taken by Fed-: eral, State and local tax collectors. Even tho a person does not pay taxes directly, taxes nevertheless are passed on to him hidden in higher prices for the things he has to buy. A person with an income of SBO a month pays indirect taxes of $9.67 a month, or 12 per cent of his income. One with an income of $l5O a month pays $19.10 monthly in hidden taxes, or 12.7 per cent of his income. This is in addition to taxes paid directly.