The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1891-10-30
MOL

into the hands Of the classes unless
something is soon done to prevent It
It Is taxation. for though imposed By
the classes instead of by law and slight
" varying from the legal method re,
directly Affects expenses and profits
and is. therefore, a conspicuous Illus
tration that taxation, no difference
how laid, does regulate.
The next instance Is the present
common or state method of taxing the
people What Is itP It Is tho method
OF taxing the middle class az q much
higher rate per cent than the rich.
through allowing the rich 20 be ez-
emPted from or TO dodge a large
part OF their share As it must be ad-
mitted without argument that this
practice serves to unnatursliy dcprssu
the industries belonging TO the COM
mon people and 70 uunHturuliy Ecceie-
rate those belonging % the classes, aud
method above described, &c Is another
most positive example OF the theory
that taxation does regulate
As this article is already becoming
too long, I VIII cut 10 short by stating
a few facts which viii, in view OF
what has been said in the foregoing,
undoubtedly be Immediately under
stood;
]. Taxation does act as regulator OF
the course and relative progress Of In
dustries-
% The classes are rapidly transferring
the business aud wealth Of tho nation
into the possession Of themselves by
+ u system Of -szutie-z peculiarly t4-7-t=
own
s. The present state method Of taxa
| tion serves only 70 add 20 the Gdvant-
| age OF the Glasses
/ The conclusions to be derived from
/ the statements ia the foregoing may bs
summed up as follows
/ !. Public or state taxation is uuavoid-
able.
. such taxation does regulate. ire
/ spective of whether it is designed 20 or
/ not
8. Glass methods OF taxation exist,
! the tendencies OF which are 70 regulate
/ or convert the industries Of the people
from those of competitive and medium
] sized establishments controlled by the
! many to those of consolidated and
I enormous sized Embellishments COM
I troiied by the few.
T. The public method regulates in the
. interest of the class methods
/ From these conclusions we derive au-
| other set, which are as follows:
1. The class methods should be ubol-
ished
o. The public method should be re-
/ formed
This brings as to the immediate con-
siderEtion OF the subject which forms
the caption Of this article. What is the
tax solution? It Is such a modihc alton
of the present public taxing method as
. viii cause 81, without being affected IN
other respects except for the better, TO
. be not only q non-facilitator of any OF
the class methods, but a positive pre-
ventive of a large portion. of such
class methods
Before offering this system let me
| state specifically what these class
methods are, then I can bctter point
out what we do and what we do not
expect to remedy By the system, They
are as fellows:
I. The contraction Of the currency
and the eNaction Of exhOrbitant rates
of interest
.. The mouopoIizatiou OF the land
aud the charging of ezhorbitaut rates
of raut
8. The consolidation OF business and
Misunderstanding enterprises aud the tx
ing Of prices in their, the clnsses',
interests
= The public tax gavorItlsm Of them
selves through getting legal exemptions
and practicing assessment undervaluu-
tiona
Here are four class methods, three OF
/ which We eEpsct 70 remedy bV the pro-
posed reform In our system of taxation
Those which we expect TO remedy are
the last three, the first being rsmedied
only by taking the power 20 issue the
circulation away from the banks and
resting it siEgiy and purely in the gov
grnment We will remedy the fourth
abuse by adopting the proposed public
system in lieu OF the present public
{ system and properly enforcing it, while
| we will make use of it as a regulator
to remedy the second and third abuses
Here with is q plan Of the proposed
taxation which 7 shall follow with aa
explanation Of how IL Is 20 be apple
. in order TO be q remedy for The abuses
subject % its operation
TABLE a. CUMULATIVE TAXATION
. FCspied from an article by Charles NJ
Howell ia the Chicago Daily News