Elmore bulletin. [volume] (Rocky Bar, Idaho) 1889-1906, 1894-01-20
PROPOSED INCOME TAX.

The Provo Dispatch presents some
OF the beauties Of the income tax
imposed by the Wilson bill and we
doubt II a stronger argument can be
presented than the simple summing
up of the proposed mulcting Of some
of the New York nabobs. Be il re-
membered that these same nabobs,
all save George Gould, are bitterly
opposed to Mr.. Wilson's plan of
raising revenue for the government.
The reading will prove an object
lesson for many of the weak follow
ers of the party of trusts, eorpor-
ations and robbers in the west, who
diligently sneeze when even a New
York millionaire takes snuff. A
tax OF two per cent, on the incomes
Of New York millionaires will foot
up the snug little sum of ", 0O0, 900
per annum. OF course they will
protest, kick and cavort to escape
this one dreadful penalty Of being
abnormally and shamefully rich.
George Gould's income tax will
amount to $4,000 only because a
greater part of the estate is invested
SO as TO return no interest at all.
This poor millionaire only receives
$500, 900 n year income, but good
slice of this is taken to sustain that
part Of the estate which pays moth
ing so he could give up SIG, 600 and
still manage TO drink good healthy
claret at his dinner and smoke a
reasonably good cigar afterwards.
Poor Russell Sage has an annual
income of $2,000,0O0. Two per
cent, on that handsome sum would
go away up and Uncle Sam would
find his income increase in exact
ratio with the decrease in that
of Uncle Russell. The Rockefellers
with an income of $40, DOC, 00C
would be caught hard, say for about
100000. The plying admirers Of
Rockefellers in Utah would shed
bitter tears, enough to fill Utah
lake were their eastern friends "a
fall on pathway as rocky as this
proposed income tax would be.
Poor Rockefeller. what devil Of a
sweet scented financial martyr he
would make. Chancey Depew who
has salary of 500, 900 per year
from the New York Central railroad
would prove an eloquent objector "a
the proposed law. Two thousand
dollars would look TO be pretty
large TO Chauncey were it taking
fight from his pocket into that Of
our venerated Uncle s. The Astors
would be compelled to contribute
about $4,000 every year. About
ten years would sicken them unto
death. Mrs. Hetty Green, the sad
surviving relict of DIR. Norvin Greer
the Western Union king would have
to contribute, on this schedule
about $40, 900 per year. We havn',
the slightest fear that she is in favol
of the income tax. Her sort nevel
are. But IL would give us the sin.
cerest delight to hear her means al
she pulled out her over-fat purse Il
satisfy the Levi Openshaw of New
York, when he came there asking
for that little tax balance. Ware
McAllister. the fine haired aristocra
would pony up TO the said Levi
1920. The vandsrbilts would de
posit about $i25,000 TO the credi
of that same patriotic fund. Ever
that would never cause the peopl,
to shed tear of regret or pity
Richard Crocker himself would
put down about $4,000 per annum
and would probably feel that h
had been numerically fieeced. |
would make him grin, but not witt
satisfaction. we fear. Boss McKan
even would contribute $1,000
Even that great philanthropist, tn
baldheaded single taxer, Henri,
George, will pay $400 per year.
| This is not all, not fourth of lie
miserables who would come unde
the provision, but we cannot fin,
space TO enumerate them all. Pei
haps take all of wretchedness in tn
union, mass the income of all, ant
right here our good Uncle would RI
alize nearly enough 10 run the ma
chine without looking for a cen
anywhere else. On with the ir
come measure. The west is for !
and will furnish her fair share {
lambs for the sacrificial alters q
tax reform. The poor wage worker
small traders and farmers woul
gather on Sunday afternoons an
sing in chorus "Ain't IL Good"