The Evening dispatch. [volume] (Provo, City, Utah) 1891-1895, 1894-01-12
PROVO CITY. JAN. u, 1894
THE INCOME TAX.

we propose bulS evening W present.
some OF the beauties of the income tax
imposed by the Wilson bill and we doubt
il a stronger argument can be presented
than the simple summing up of the
proposed mulcting of some of the New
York nabobs. BE it remembered that
these same nabobs, all save George
Gould, are bitterly opposed to Mr.. Will
SOILS plan of raising revenue for the
government. The reading will prove
an object lesson for many of the weak
followers of the party of trusts, corpor-
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 81, 100000 per annum. Of
course they will protest, kick and ca
wort to escape this one dreadful pen
atty of being abnormally and shame
fully 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 100000
a year income, but a good slice of this
is taken to sustain that part of the
estate which pays nothing, SO he
could give up SIC, ZOO and still manage
to drink good healthy claret at his din
ner and smoke > reasonably good cigar
afterwards. Poor Russell Sage has an
annual income of $2,000,0OO. 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 $20,-
100000 would be caught hard, say
for about 100000. The pitying ad
mirers of the Rockefellers in Utah
would shed bitter tears, enough to fill
Utah lake, were their eastern friends
to fall on pathway as rocky as this
proposed income tax would be. Poor
Rockefeller, what a devil of a sweet
scented financial martyr he would make.
Chauncey Depew who has a salary of
100000 per year from the New York
Central railroad would prove an elo-
quent objector to the proposed law
$1,000 would look pretty large to
Chauncey were it taking flight from his
pocket into that of our venerated
Uncle S, The AstOrs would be COM
PEELED to contribute about 100000
every year. About ten years would
Eicken them unto death. Mrs. Hetty
Green, the sad surviving relict of DR..
Norvin Green the Western Union king
would have to contribute, on this
schedule, about $4,000 per year. We
haven't the slightest fear that she is in
favor of the income tax. Her sort
never are. But it would give The
DISPATCH the sincerest delight to hear
her means as she pulled out her over.
fat purse to satisfy the Levi Open
shaw of New York, when he came
there asking for that little tax balance.
Ward McAllester, the fine haired aris-
tocrat, would pony up to the said Levi,
81, 200. The Vanderbilts would deposit
about $125, 900 to the credit of that
same patriotic fund. Even that would
never cause TIE DISPATCH to shed
tear of regret or pity. Richard Croker
himself would put down about So 900 |
per annum, and would probably feel |
that be had been numerically fleeced. !
1t would make him grin, but not with
satisfaction, we fear. Boss McKane
even would contribute 1000. Even
that great philanthropist, the bald
headed single taxer. Henry George, will
pay $400 per year.
This is not all, not a fourth of les
miserables who would come under the
provision, but we cannot find space to
enumerate them all. Perhaps take
all Of this mass of wretchedness in the
union, mass the incomes of all, and
right here our good Uncle would re
alize nearly enough to run the ma
chine without looking for cent any
where else, On with the income meas
ure. The west is for it, and will
furnish her fair share of lambs for the
sacrifcial altars of tax reform. The
poor wage workers, small traders and
farmers would gather on Sunday after
moons and sing in chorus "Aint it
Good"