The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1893-03-03
THE GOULD MILLIONS.
aND Eas IaEaGlEAHos EAzZ.

Z
s.. iaIi,rs, ami Ia iiiilit the powell Of
Irquest OF EhiIdirss traIaI"rs. john
stuart Mill went further, and pro
Osed a. liIsH absolutely the amount
.vhich any 0ns should be all"wrd L.
-.sks either ~ iuIerItanUs Ur -sis'l TEST
iis existing law, ISlkr iG easy [" for
| ,et that inheritance and IeqdrsI sTe
.iUJ Ii,tur.d rights, Is0r even necessary
isU..srqusncss 81 the right OG private
| ,'fOpsrIy; and to IEaHy these vrai,J-3,' .
! Il Benth.,H aud Mai seem aim 'st c,sui-
,i.,uistic stJ-rances. Yet no uns has
;,sr neeH able - give q g,ud reason
tOr Tie operation al Interstate Inherit
I ,ucs; In nIOt;sru tiuIss bet ,ysen distant
| r,-IatIvss- 20 distant that
,aey- know and care nothing VI one
.,.OIIier. As for Mills proposal to ret
/ ii'nFt 10 the amount of inheritance
ami beQuysI, Il lsss i,hiH a .t-w years
ueeu revived ia 50 c0. ssrvutiys - body
Is the Illinois Bar Association, aud a
Dui FOR the purpose was Introduced la
/ Jlis Illinois legislature in 1887.
WHAT MEs~Rs. CAREEeUs AND BEL
LANY THINK.
The Limitations of inheritance by
means Of progressive Inheritance tax
% advocated alike in tl'e writings OF
lus uf Americs. 3 most taiked-Ur mil
l.Uuaires on tile Une hand ana la tue
i'!aLfuIm of the knights Of Labor and
Tie organ Uf the naiioHaiists On the
timer Sir. Andrew Carnegie alid AiC.
Esu,N aad Bsiialny agree perfectly 30
l".> matter; both would like to see an
inheritance tax rising as high ss 60
Per cent, iH the case uf multi-milliOn-
5tires.' Fuur years ago Mr.. Carnegie
WTUls as follows: '-Of all forms
Of t.sx,tinu tins seems theswisest. Mem
who COntisIus boarding great sums all
their lives. the proper Use Of - Mich for
yIl bic ends wO,nd work gDOd tn The
community, shOHld ba male 10 feel
that tie comm IHity, iH shs form of tie
state. cia' I lie deprived % its just share.
b. taxing estates hsa, lily at death tie
stats u,aiks ita cuiidrIn.,s, ion Of the
selfish miiliouairp's unworthy hfe.''
SONG LESS RADICAL vIzyEs.
BHt it Is not necessary tUsDa 50 rad
ic;L ;rs Air, Ctr,I.sis aud AIR. B-liamy |
in order To uphold tie tnmsrItaucs tax. |
IL has beeU defended Simply uu the I.
sIUuHd that 'ss innscitauc- .hId 5equest /
arr institutions of positive Law, Ey /
~ hich tie orderly trssusEsr uI property |
from The deaf 10 the living is made .
possible, tie stale should receive a
premium fOC permitting and carrying
ont tile transfer. Il certainly s ems
40 HIure than fair that The eist Of pru-
bate courts shOutd be betrayed. ina
large part at east, by those vtO It.
ceive ths chief benefit from tilrir exist
suce; and ia several of the American
tile ad 'Dtiun 81 4
inheTitanre TAX has been due
10 this consideration.
Again, the Inheritance tax MAY be
rs "a property Tax paid once
ia a lifetime instead Of once a year.
Tie collection Of this tax makes
{ possible to diminish other taxes, ami ,
bach estate simply pays uHcs tor all,
md al the most convenient lime rOssi- ,
Die, what It vuuld otherwise have a,
paid in anuUal iistHllmsnts. Or, the ]
,;ss nlent may he rrgar,ied rs iu lien OF &
axes which have been svadsd when &
awfu!iy due. 1t is notorious t;lat G
asst amounts uf personal property 4
scape taEati"II: and it seems TO have 2
KEN this fucs which led tile NswYurk )
legislature % tax direct inltsritances 8
{ personal property alone. !
From tie standpoint OF Tire heir, an -.
Is sudden increase Of
'talth without labor OH his part; = a
Jrt Of accidental iHcunle. which mani Z
sstly increases his ability 70 cOutrI-
ute to the support Of the ROEeriifasut. Z,
Iie death Of tiss head OF = family q
iay bs q positive economic foss to the a
ife and mluor children who depend q,
pom his sxertiOus f,r their support; q.
at in any case where property goes IL
, collateral relatives, or even - self q
adult SONS. there is g dis q
net increase OF tRx-payinR ability. q,
enee- 30 long as nodeFtts amounts II
ping "a wife aud children are exempt
~ inheritance tax ean bs oppressive 81
none. 81
uDA-A 49, ~ Al-5s ia
u is sOmsHmes urg,.d against ths O.
x that IA will by rvs,ds,I by gifts later ut
ocs. Oh the other h;tfs'i. one Of tie "a
gIIE.isnts advanced in its favor is Pi
~ by encouraging such gifts 10 wjIl o.
isd 70 break up great accommodations 81
wealth. As = matter 0f fact. men
Hut give away large amounts ~ on
VI'erJy during life for tile purpose Of 81
aiding taxation; ana the Tax is usu- vi
ly made applicable 70 detth-oed sf
fts. N
buT is the iul,sritauue tax = dan Ga
rsus step toward communism TIE vi
hst sociaIistic If ali tire Arguments in PE
bshsIf Is That advanced by Mr.. 81
.Frsegis. yet no Ous will ascuss So. ID
.FsssEio Of dangerous coms5Rislis in
ttisneies- Aud fTom every other aii
iIEt - view from which Is eaH De
r.-faT-r-7 fe a m r-..-- .u,.s G--s..afsrrn