New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-11-12
4 Plan FOR AN INCOME TAX.
,rIyE HALL. SUBMITS HIS IDEA.
-. ,yrrrr>TING DISCUSSION DEi ORE THE WAYS
,xD MEANS Committee, WHICH DOES
NOT SEEM GREATLY IMPRESSED
ry TILE SrlIENE

ry TIE SCHEME
,,,o, Nov u-Although the hearing pe-
~ - subcommittee of the Committee on ways
and Means on the subject OF an income III" 80,
,,,o, was Informal in its Character 'hd' Voc
,.r-s,inp was manifested by the presence Vi d
number Of the leading members OF 'ne De''oN -,
,,, outside % the committee. IL cannot .
f', .,.,var that the committee was faVo'aoy
,s.ol With the proposition. If the questions
,t.I Representative Hall. OF MISSOURI VINO ""'
,ho only speaker. are to be taken az Il c'''''
,,,,. or, an outcroppn,; of politics and numerous
,ofsr.,ccs 10 permanent ana prcca''ous ihco"'''
.,.,o"s., increment" funded and landed inVes,-
mont. beftcrmcnts improvements ana ame"o''-
ton , ,,oro
,rr ,,or,scrs of the committee present were
,.,atruor Wilson ard Representatives Byhu'n'
Turner Ercckinrdg' Tarsrey ana l"yal. ','''''S
IT,, Interested spectators were Senator Blackburn
Assistant Postmaster General Jones RepicS'"'|
,i,.es culbcrson Bland. Heard. COBB Gear! anu
Kugore ard cx-Rcprcscntaiivc J. Floyd hlAs' Vi
IouIslana Mr. Hon had evidently given Hi"c"
,to,yb, 70 his subject. ard made many citations
IRON, Adam Smith. Mr.. Bowen, Professor Levi
- Kings College England; John stuart MIL
Professor Robert Ellis Thompson, OF ie'iS' =
vatla ard other eminent writer's on 'aNi'io' anu
economic subjects The frndnm MA princi"e upon
which Al Hall based his demand for an income
"a, WAS that every nan should b'aT hi* proper
,ion ~ H.. Governments expenses in the same rau'
,s ho derived benefit from tina; government
Mr. Hall elaborated the idea that one OF We
etroures, arguments FOR income tax waH rs
eexhi,i,y and it, cdpa5lity of beng r'suia''' ~
mir the needs Of thu Government. such TAX
al not affect the distribution OF wealth. ana pro-
ducod no chang In prices. II Congress nt;e'hP'''
q, u-oylde for a deficiency In the revenu" eyer
year or TWO by tamperins with tho ttrh. ne saii.
81 would continually disturb lua!n~Hs ana 'i'i, ~
general depression Under his scheme. Il d'hcil
US apparent tie income tax c'ull DE- H1,i "a 49,
and II, ne same way II there was surplus. ~.
lax could b- decreased A. going 10 SNOW VIVA,
tgs-rf, that for every dollar of revenue "nlD.l
sent 10 ..r Government there we're seven uphal
u protect IN that went 10 the pockets OF protector
manufaC t'rers. -, ia, ,,r,,,
sltnn Sir Turner asked whether ne question
was lot. after al. Is AN income tax rght NoI"'
T. h- .ucn sound pablo policy as ouShl 10 ~
mad. To- permanent polcy OF me FpNrt i'il'n,
Blackburn Is 1t right Tor the lahoring man 70
bear inore than his due share OF the burdens o'
In rcr,v Mr. Han said that the committee could
tent revenue AMI at the same time escape bur
dcnlng the labo'in. man with this taxation.
Nr. Bryan aFkeI II internal revenue duties H''
rived from tobacco and ligGo. I'D not bear more
heavily on the poor than on the rich. and whether
u was not true that men did not use wh!sls"y AMI
tobacco in proportion to their wealth.
Mr. Hall admitted that this Wa tiH". ana ADDED
fha, such Increased taxation eh.ft"i 10 th'
consumer lust as 1t was finally done IN tn" tarif.
lie then submitted the rough draft OF an Income
taA bill. which Mr.. WILSON said the coWinitt"''
would carefully consider Briefly stated. the bill
rX-upts all incomes of 80 or less. permits ~
exemption In the c9s" OF funded investments
and makes personal earnings Tn" standard FOR the
minimum OF assessments