Ford Broadcasts, 1965-1966: 12237637

Read from the scan by GLM-OCR; expect the odd misread word.

of control. Timing is most important. Instead of moving last January to cut back on government spending, President Johnson encouraged new spending schemes.

There is every reason to believe the President will demand an increase in personal and corporate income taxes sometime after November 8.

It will be ironic, indeed, if Mr. Johnson succeeds in raising personal income taxes.

That would be a cruel joke on the people of this country--to be forced to pay higher taxes at the same time that prices are going up. --(GO TO CLOSEUP OF POSTER 3 AGAIN, THEN PULL BACK)-- And you'll be paying those high taxes with smaller dollars--dollars made smaller by Mr. Johnson and his Democrat dollar shrinkers. --(CAMERA BACK ON FORD)--

The truly tragic aspect of a possible income tax increase is that it will give the Johnson Administration and free-spending Democrats in Congress more taxpayer money to throw around.

I'd rather take from them some of the power to spend. I'd prefer to keep more money in your pockets.

Recently, Mr. Johnson came up with some helpful advice to the American people. He said any American who had nothing better to do than complain about inflation ought to join the Republican Party. There was more truth than poetry in those words. Democrats and independents ought to oblige him.

In another speaking appearance, Mr. Johnson had this comment to make on the problem of inflation--

--(CLIP OF JOHNSON SAYING: "So when these folks start talking to you about inflation, you tell them that's something you only have to worry about in Democratic administrations."

R. FORD LIBRARY