The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1881-04-27
Hawaiian Gazette Supplement, April 27, 1881.
Tnzation.

Taxation.
EnrroE GAZETTE We wish to follow Mr.. Castle
r ii- double taxation theory little further, and
uiI take FOR illustration the following extreme
-a-. which Mr.. Castle would no doubt say, was
aaIIa if not treble taxation, and me only Of the
rH-.a Individuals mentioned below should be taxed
thr others only hold claims"
Suppose imports 10000 worth Of merchan-
DISC including insurance, freight, DC. He sells to
Ho. .. q country merchant, the entire invoice,
afrIa- To per cent profit, for $4,000 cash, and A
Is note for $4,000 payable one year from
date with an interest Of 10 pei. cent per aHHu,s
a NO. = adds to the $4,000 which he paid for
hr- Goods, per cent insurance 1 per cent freight
and other charges, and L per cent profits and
soils the entire lot 20 the planter b. for $50. .7OO
rf-h and Bs note for SGs,OOO payable II months
.ifHr date with iGfrrst gr Ue, rent per mouth.
in -uis not Uverdr4wI picture, has made "A net
PROFIT ot $1,000 and established an annual income
4 $1,000 A No. . has made "a net profit Of Sl3 20
..aa established an annual income Of :, 100. b
IH. tar merchandise for which he paid Sl2s. 700
The assessor now makes his appearance and
from Bs schedule he finds b IN possession of mer-
EutI-s worth 81, 100 which be assesses against
E A 40. he finds IN possession of S6O,7OO cash,
and money II interest So, 600 his assessment fuuts
ar Sl--.ibp money on hand and money at interest.
a Ig ASSESSES Syl.UjJ cAsu and SIj,U,O at interest
It l - t- ms money at the end Of twelve months
sfTuIH.
.l A so. gets his a. the end Of eleven months
d. aIIl have received Sl46Sy. net profit. besides
f.a. mas make stake before the year closes out
.. I... money Iu hand.
E must work 60 purpose If he ever makes any
EhH- uut OF ms venture. bat y is lire DiuJ. the
aI would be IN a savage state without thin, },
-alE- away on his plantation with Als nuIner-
n Employees and irving To make profit ont of
A property by uss, his profits are III tic IE.as..
The above uguTes MAY not be matlematlCaly
-HHH HfH.H..H o. HNN .
% .arIUI" Here We find b,gr- civi,nS. three dr..
..f yTgtsrf'r. tfle. a.Hrre"t syurss gf income
r... sfgr5rHf oY"yH1tS gf ,to,Fae If B ever gets
sE nsa nrse dHr,saf ofrs-.s harel e,frh, Tor
in.s different properties. h.u ask. which Is
.-ls taxed =: where is the double taxation, uI
t... ..rJu-t taxation:
E,r answer the taxation Is Just; but If b or his
property should be compelled 10 pay the whole or a
Uar. ui J.r taxes as--s-ed against the two As II
.H.l. Doe TRIBE tax itipa. and an uneqIl! tx
aIHu. legal robbery aud an outrage against the
rights ui a valuable citizen.
NIr Castle sGys that the property loaned by
e.. ron. -. ug-d It's form, which Is quite true
o.. property ltture nor lts value m As hand w'ts
nos changed with It's form. itwas simply changed
300 Iaaa,y Iu hand. predicting EpthiuC, TO money
o.. interest. producing income. It by the sim,
% .l ..l-e ui % form OF Is property SHOULD eN
r.at lam from taxation, We clam tue same
D...aH.I1u Tor r. he changed his from money III
#..I .9 yIg,tFfiyr. GrO1H which he hopes 10 maht
81 -up. And 80 Il was with our last supposed
f-Ir-r rrlgu; tine property WIS constantly changed
T r.I.r. and amount. and ownership from H. LfSl
usIrtl1u until 81 nuallN rested lu Tie hands ol
g. where GA. assessor found n. Yet at every
I-a ui spru ownership. they lett their value
I..Iul them. with profit IN the hands of the for
r..r aEu-r. Mr. Castle will hardly hold as rule
fHr s. should be exempt from taxation If he
r4 su-ri the ''f form ut hi property. Justlcs
.....I -Ry. El.Dpf tpl.e. i1T 1i. They all stand
..rHl tine same footing, have like protection and
f.gs-Iy-. and 1--we and thrive fTOm the profits OF
"a. Do business.
ilg -cI4tms-' are wealth to those that hold
f..a. aud are constantly increasing III value: the
. .-I.tglI,- I- wealth 20 IT'S pos-eSsor, and he
l....-tp make 10. - "A greater per cent ont "i
r. Every Cas- of property that has money value
-.ag.H ba s-ra taxed, whether II be "a claim iul
sH1-s.. Iercn tudlsa, plantation or other property
f. rgIE question Is What is the property worth III
Ur..r- -..ll cents which sIuLlu apply to " claims.
a- rrii is ip all other values. Then there would
d.. u a1u5'. or raitsf trrnti1H. ii all kinds OF
property ptIc It's just proportion OF taxes, TIE bur
uaa ut slppprtIug the Government would come
E- IIr-Ha eNch-
NJ ar. mot arguing law but iGstice-what law
.H.r..E .t. A law that would balance debts duO
,-1-.s and TAX what reTn4Ius without regard {,
h.-ue5- ur profits. and shy III effect " Nj. b. II
fnH EIII ieud yuu- money for an interest ami have
r-ae secured. W. will not tax yun bGt II through
...-.E Hr-lg- industry YOU c0-lIAEr IN cTctiiA-
a..rIrr from the elements, YOU are now Cuin-
1r T.asIlg aud buying plantations, horses mules
f..- planting cane, building mills, dwellings
r. .slg sugar, and employing men 10y thousands
af an.Td UlEeS-It.you contluHe 10 DO TINS We
Wal fl. -gai hsgriy. We Will tax your lands anc
tt.. .-1. cane growing upon your lands: Will taA
it ditch that brings the water to MAKE the cant
lsHE. auj TAX the uuIuItl5 and tools you wurH
w.r.. vliI Tux your mills and dwellings. and the
ru I1rg of yuur mills; will tax what You export
5.I.f what yua import will tax ali the Wea:t
Sol. aass with. A hts no property and we canno
b.. nfn. ie has only claims iOr money draw
r..r Interest," such are Mir. Castles sentiments
a. ..fG.grd from his commune fuuns. We Ual
h.- .n..u.asrsfpJi tFHi.
IfE 'l.e; taxes y bee luse he invests his money
.- industrial development. aud eNvupts 4 from
rartIlo1 because hr lYrs has money, SHylUck-llSe
a.r.a outrage Justice and disgrace civilization by
I.- -lipscpmeut People supposed to pay
taxes t1r protection ana prlvIiegrs anu If 10y creo
r..NlGa enabled 10 do business make living anI
ar.4us.sta wealth, their protection i as sure 'tlt
fr... privileges as many as though the cntr'
a.n..4l f...v are operating with WIS ahsolutgil
r...s. own aud they should pay taxes according
'. EVERYTHING OF yl.us' suUliu be taxed 70 tn
T.r.Is, %. claiming and eli51ylnis that value.
h. s and A No. were whit their appearance
1.r..-f.as tlrsv guuld SAY, q" Hold ON, MIR. ttsic
u an. no special pleldurs IN our case. We pro
f..-r. 10. reugla.urI. AMI hop. ChrlStl1nS
gs...-l- Ip IL. rs ye g.ugld be- done hy- We cuJ1,
H".s.IBg uf hfc and property. We are allowed
fn rad and TT ,tir IN the AIngdpm. and are get
tlns rtru. lu fact, are now more wealthy thu
D. .lsv. double fts income, and are able ana Nilin
% pas oar share of tine ttEss. hns always pan
.tf..-. aud always expects to- and only hndS iaui
y..a compelled tppIy the tIxes Of ucheT Ige'
t..a himself AS we'll as his own. }. NJ II.