New-York tribune., 1870-06-03

more nqusitoria than other taxes and that argument
was inconsistent with the other arguments that many
evaded the payment of their income tax.
Mr.. BANKS Qep Mass said that he was opposed TO
the IN all forms, and would vote against il
a tax which OuCht not 10 DE revived. 1t unequal
and unjust The bulk OF IL was collected on wages
country If revived it would produce great dscontent
and would be eyaded OF resisted as all unconstitutional
Mr INGERsOLL Rep., Ill., said, after listening yes
terday to the debate the match tax, and after listen
eRsa eng 1 thou art jewel The same e
members who argued yesterday against abOlshng the
match tax, which brought 100000 into the Treasury,
to-day arguing in favor of abolishing the income
tax which produced s25 100000 year When they
and told that 10 the people he expected that the
people would hurrah for them and elect them unani-
mcnsy Iaughter As to the income tax being lin;
as the Tariff law, under which men and women were
searched inside and outside. lLaughter He favored,
therefore the continuance oi the income TAX with an III
crease Of exemption to 5000.
MT PoMER0Y Tep Iowa. argued in favor OF the con-
tnuance of the tax it fair and equitable in theory
He denied that the people asked for its repeal Were the
tory operatives asking for 1t We're the people on the
frontiers asking for 1t NO. II was the wealthy
Mr KELLEY (Rep., Penny favored the repeal OF the
income which he argued added upon the cost OF
business and charged against the people large and
sequently paid by the whole people. IL tax upon
intellect Ii employed large number OF officials TO
and collect it. The exemptions unequal. He
favored the continuance of taxation i'll malt liquors.
tobacco stamps ana ainusGmehls. .
Mr. BENTON (Rep., n. H. argued in favor of the
tentiOn OF the tax The people believed necessary 1t
whole catalogue Of internal taxation. The way to
lift the burden from the shoulders of the people
pay off the national debt as soon as possible for with
that debt hanging the nation In condition
TO resist insult 10 protect its honor and It's interests
Mr. WINANS Q.ep., Ohio offered an amendment, dis
peusng with the tax incomes from industry and the
exercise OF professions and 10 retain IL incomes de
rived from capital.
Mr. MOORE (sep, M favored the continuance OF the
tax with the exemption to 5000 and argued that the
popular demand for relief from taxation imperative
and overwhelming.
Mr. MORGAN Dem, Ohio offered an amendment
levying a tax of five per cent incomes derived from
bonds Of every description, notes and and
other securities the OF 900 and under $1,000;
seven per cent between $1,000 and $4,000; and
eight per cent over $4,000. He argued in sup
port Of his amendment.
Mr. G ARFIELD GRep., Ohio offered amendment
removing the tax from Incomes derived from business,
aud cOnning IL to incomes derived from capital, and
argued IN support of that proposition.
Mr. FARN-WOKTH Qtep, Ill) inquired whether that
excluded members OF Congress.
Mr. GARFIELD did not care whether IL did or not. IL
was intended u meet the objection that the income tax
weighed uibsty business and professional men, and
let vested ca p8l escape. He had doubt his amend
ment would leave about onehalf of the revenue from
incomes aud remit the other half 1t a sort of
promise measure.
Mr.. WOODWARD Dem, Penn) moved, as a substitute
for the 55th section, imposing the income tax,
section providing for the Withholding Of tax Of 5per
cent Oh the interest the bOuds of the United States.