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GUY H. MCCLURE, Chairman CLARENCE W . CROOKSHANK, Setfy H . N E A L BOONE, Treas. Sergeant Jack Spikre Win the War Tax Plan Tax Division, California Democratic Congressional Clubs, Incorporated 1934 BOARD OF Telephone: Pomona 1549 663 West Fifth Avenue GOVERNORS • H. A. Murphy Tommy A. Miller Joseph Oliver J. H.Miller POMONA, CALIFORNIA Febur&y 13th, 1942. 2 Chairmanfci^rpit-^ Ectol .v* Federal Reserve Board of Governors Washington, D.C. Dear Sir: The Tax Division; California Democratic Congressional Clubs Incorporated submits the WIN THE WAR TAX PLAN of Sergeant Jack Spikre as a solution of the Tax program outlined in the Press to-dayn wherein you plan to raise 27 billion dollars annualy. The Tax Division has made plans to place in the hands of each candidate for congress, throughout the nation a copy of the WiniThe^Wal?JTax Plan* It is the opinion of the Tax Division that this an equitable Tax Plan and will raise the 27 billion dollars annualy, leave untouched the purchasing power in the hands of the people, which v/ill maintain and keep going the small manufacture a^id ^ r c h a n t ^ lours Patriotwalyy Secretary Tax Divls 10'iT TXD.C.CVTn<//, TAX PL A Tax of 100% on All Personal Net Incomes Above $5,000.00. A Total Federal Tax Exemption on All Net Incomes Below $5,000.00. Iprogressively For the duration of the war lower the exemption if the greater need develops) This will provide the funds for all the war material we can manufacture or buy. Pay the war bill and in four years balance the budget. Provide a Victory without a National Debt. Save the country from the danger of National bankruptcy. Take the profit out of war and stop all war profiteering. Eliminate the danger of inflation and confiscation. Will maintain Free Enterprise; the profit system and democracy. Maintain and preserve all labor and social gains. The Federal tax exemption on low income groups will conserve a widely distributed purchasing power in the hands of 81% of our population, which will start the wheels of private industries after the war. Will eliminate the necessity of the Payroll Withholding Tax. Provide the means for the upper income group to make the Patriotic financial sacrifice /-N^ they are clamoring for. For VICTORY we will work night and day; die on the battlefield; give our all. Surely these who have the large incomes will gladly struggle along on $5000.00 until we have finished the job. COMPILED AND SUBMITTED BY THE CALIFORNIA DEMOCRATIC CONGRESSIONAL CLUBS, INC., 1934 (Signed) PRESIDENT sgt Jack spikre, (Signed) SECRETARY GUY H. MCCIUE. If you believe this is an iequitable Tax Plan and will bring forth a complete victory—Spread the word S E R G E A N T JACK SPIKRE Candidate for Congress—12th District on this non partisan Tax Plan. Phone Pomona 1549* 663 W 5th 3 February 23, Br* C. X» Grookshank, Secretary, fax Division, California Democratic Congressional Clubs, Inc., 66? West Fifth A m m o * Dear Mr* Grookshank* This la to acknowledge your letter of February 13 closing a copy of the advertisement outlining the tax plan which your group la pronotlng* Since 1 feel that your plan la unsound and unrealistic, I oan only write yon ay disapproval of It* A tax of 100 per cent on all personal net incomes above #$9000» rather than the progressively increased rates allying under the personal income tax lews In this and every other democracy, to wy mind would be vrcmg la principle, contrary to our economic system and destructively dlartq>tlve, and an Inoalulable amount of damage would be done* Counties* oeeselteents and obligations baaed on incomes above that level would have to be re* pudiated. She income groups above this level are already heavily taxed and will be still wore heavily taxed In all probability by i e next tax bill. fe At the sane tine you propose to eauaw^t nil net Incowee below #5*000. that in effeot would be to take taxes off the great bulk of purchasing power in this nation, unless you were to substitute a sales tax, which you do not propose and which. In s r q judgaant, would be wrong in any case. She effeot of exempting net incomes of #5*000 and below would be to precipitate a reckless inflation. Ton would aoeoapllsh none of the objectives stated is your advertisement. Ton would not provide sufficient funds for all the war material that oan be manufactured and Is needed. Tou would not pay the war bill in four years and balance the budget. Ton would not achieve a victory without S national debt. Tou would not L save the oountry tram bankruptcy. Tou would not take the profit out of war and stop profiteering. Tou would cause, not prevent, in* flation and oonfiaoation. Tou would not have our system of free enterprise. Tou would not have our profit system and democracy. Ton would have a leveling eoonomlc dictatorship. Ton would not and could not thereby preserve labor and social gains. Mr* C* W. Crookshank - (2) February 23, Frankly, X am unable to understand how you oould seriously propose such an unrealistic program or induce anybody to join with you i l spending the money necessary to promote it* Z do not question x your sincerity and earnestness, but I do feel very deeply that your gro*jp.:needs to be far better Informed in this field before rushing into it, however admirable your motive* Very truly yours, X* S* Socles, Chairman.