It is an admitted axiom of Economics...
It is an admitted axiom of Economics, that all income is dependent upon the productivity of labour and capital. Anything which impairs that productivity will impair the national income. A tax comes out of the pockets of the individuals and goes into the common pocket of the nation.
"For every million dollars recovered in taxes, the nation pays many millions to the liquor business directly through its constituent citizens, and many millions more in impaired efficiency of its workers and in productivity sacrificed to the parasitic business." These observations of an astute economist of America, clearly point to the folly of…
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