New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-06-29


SiXth-It is the revival Of an odious war TAX III
time of profound peace. III ,r.o-,os NOT .x
ceeding $1,000 IS an exemption unprecedented III
the history of income tax legislation here or any
thr most offensiyo species Of class legislation.
While ostensiby aimed At inc Tch' IL PERM orsst
at 3 per cent 20 escape al taxation under II.
Whether 1t injuries the very rich or not II clearly
cons Hei ne ieo 5ry Either su6stay ali in
comes should be taxed or none at an t.. g.. lie.
criminations 1t necessarily exempts the income
from sos Ooooo Of Government bonds out deIls ,
1900 from the individual income Of etzen de-
him the same exemption If his income IS derived
from a corporate Investment II unnecessarily ana
iniurously dlscrlminates against corporate invest
rnSns by individuals especially small investments.
Ninth-It is retroactive in It's operation: IL SOM
pes the payment of tax upon Incomes rea,zei
since January 1894. being at least six months tl
before the passage Of the act, when Shou'u oi'S
apply to future incomes If at an s,..,,,, ,,,ch
Tcnth-it usurps those fields Of revenue o whI len
properly belong to the states Iafil .tHt'.o .,rc,
Of the Federal Government, It should mainly con-
fine itself to that method OF raising Us b, mrc
rorofives and revenues OF the States. This measure
not only provides for income taIauon hirhhv tres
includes inheritance and git taH' 'hr'vpa -, .,
passing upon field already occnI'u, DS innii;S Va
the STATE Incomes ,b aEeo TeIerai authority
The states arr suffering more from lack OF suilc-
ernmn ,i What are essentially local revenues
should be reserved for local purposet .,., 49,,
offensive in their character citizen IS compelled
to give evidence against himself ana 10 SUM AMI
the production i diir agon,s Of the Government
are vested Win vast powers whcn are liable to
abuse Taxation may , He a,' he rinos,i II is
ana otn rr SS 80 1870 nd,.'tei 70 a monarchcal
sym , :" hr' ur.iited f5r free government.
Twefih-lt VIOLATE he DonSI' ucn 'i7 Grmes
uSu'i, 49,, ,rfi,h me Sfa'es have themselves
cr-stef and the revenues Of which computations me
Stat.s have ST apart for the uses ~ their own
Those
I,,t.or5Ty be- DESTROYED. diminishing in'erferel
I'm bv The genera Government. The proposed AK
" a. !,.,ct ,,non ne sovereignty ~ tn states,
,bir res.rved rights the doctrine Of home rule anl
6 SSyFy ey yer' hdr ,Sf', coo.endei
nay ~ cT. The absorr, lr of these legitimate
c,,.o rovenuas nv the general Government as here
,r5n,ssI Vii necessarily cad 20 increased erect
ltNhtoim ,r ~ ~ Tho NONE
Tn tax proposed IS double that rec
ommendei by Srcrct'ry carlisle. ,-,
Fifteenth; VIII duplicate iaNnion' , era" ~
ton AMI promote conhc, or contention De, ~
the established policy Of the Government is SOP
toward socialism. and is uawlse from every point
u '0'''..'' -, .l.,,-cr THE TAX
AN lNDlOlMNNl N"N''''' -
MI Mdl'''' ''" w. - ,.,s an IN
whether The paper which he hai r'Al vs. d" ~,
" " re-, - r.a,,s - ,t,. nature
MI Hh.-'' par'aN,S o. WA. -,nor count,
Mr.. Manderson-l want 20 a1A ai''heI Co'.'.
Mr. Hnl-Thcrc IS amp.e opportunity lo' b''''
, ,',. h,,. O., mas, q, Ire 70 be- br.ef left out
Id, 1',,e count which / would ada IS:
l. -.,,s c.,ss ~ nav a plrt Of the expenses "
g.. 1,,..rnn,..t ami IS 3D., rr-t step toward tH,
w. ~ " ,.-f,.t,...l f.y contributing mJu"yfI
> ~, ,,,t'rh .,rfr. l,utlrs from th,.. aDun-
.'Cr,rI r inc,,nes - the support Of the
y. '' ~, -,,,,.,,. AM mi.
W. IN ',.'.r, t,o 1~ntn!n.a'
~ s.nn further discussion me prcsllns OIL
c.r Csr Marin. BEN. KanJ va aAou; 20 lnt ne
question "n.n Mr H., ,.., w.. bong but. AMI
cal.,I ont auEr.y 10 the Chair Il desire - Dc rec
oenzr.. , . ., ,s tt. chair holrI
ga s, "N ,ra rr7,''i.,r ofir.r
"Nylat is fhe au'-'.lnt MI. HI ash'l' $50.
The mo ION ~ ',' tt ,'r.s Ins ~. .sr -
3T.t5 ''''
liz Harris ofar-I 20 wi'hir1w Ne notion 20 lay
on me tape u VI. t'''u''., 40. C,-.I.r .,,,..' r
o.. M'' I''' e'..~ esl,cI Whether unanimous
4Ar t'- ven
cJ,sD D" t,'....f.- c.iI Nr Chandler. All De-
! nav ~ '. AZ Systematically ''fs ftl,