Broadcasting Telecasting (Apr-Jun 1957)

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This power dam was built on the Susquehanna River near the Pennsylvania-Maryland border by the local independent electric light and power company at no cost to taxpayers. have to help pay electric bills for customers of this one? ? This TV A power dam was built on the Tennessee River near Paducah, Kentucky, by the federal government with millions of dollars that you and other citizens paid in taxes. Your taxes help build federal government power plants like the one in the lower picture. And these plants keep on costing you money year after year. Here's how: About 230 of every dollar you pay for electricity from your independent electric light and power company goes for taxes. But because of present tax laws, customers of federal power systems escape paying most of the taxes in their electric bills that you pay in yours. They pay taxes of only about A£ per dollar if their power comes from the federal government's TVA power system, for example. So to make up for the lost tax revenues which federal power projects don't pay, you have to be taxed more. Is it fair for you to have to pay extra taxes like this for customers of federal government power systems? Shouldn't something be done about it? America's Independent Electric Light and Power Companies*. ■■'Company names o>i request throttph this magazine OADCASTING • TELECASTING May 20, 1957 • Page