The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1894-01-09
EAVORING AN INCOME TAX.
The Democrats United in Support O
the Mcasurc-COngress Proposes {,

The Dem United in Support of
the Mcasurc-Congrcss Proposes to
Give Relicfto the People.
Special to Atlanta Constitution.
WASHINGTON, January 3.-Congrcss
is growing more dcvilish every day,
pendent. 1t is beginning to think for
itself and it looks like the will of the
people is now going to rule. The
agreement of the ways and means com
mittcc to report an individual income
tax of 2 per cent on all incomes over
81 900 is Il victory for the great mass
of people of the country, and Judge
Turner, Of Georgia, deserves credit for
casting the decisive vote of the com
mittce on the side Of the people. He
did this in face of the fact that the adj
ministration was tugging wildly at his
coat tail to pull him on the other side
of tho fence. A large ma ajority of the
| Democrats of the House welcome en-
| Enthusiastically this report of the com
| mittcc. Western Democrats claim
| that it makes such States as Illinois,
| Indiana, Wisconsin and Michigan sure
| ly Democratic while it will make the
party extremely popular in all the
| Western States. Southern men be-
lievc it will have the effect of knock
ing the remnants of the third party in
the various Southern States to the
| four vines. There are. of course, q
few Democrats kickin~, but they, with
the exception of Representative Black
of Illinois, are almost exclusively from
Eastern States. New York and New
Eng land men who represent city dis
tricts are opposed to an individual in
come tax, but it is not believed they
will cut a very large figure in the
House. Indeed it is not believed that
| they have sufficient strength to defeat
| this feature of the revenue bill. al
+, though Mr.. Bourkc Cochran, Of New
York, stated some time ago that he
would be forced to fight an individual
! income tax on the floor OF the House.
1t is not probable that he will do so.
Mr.. Cochran is too good u Democrat to
deserts q report from his own commit
tee though he may vote against it, 1t
is not probable that he will make q
fight against it, There is going to be
n hard fight in the House to pass this
individual income tax.
The Republicans will vote nearly
solidly against it, and they will have a
small following of Democrats, but the
Populists will probably vote solidly for
the income tax. 1t is generally believ-
ed that it will carry in the House by a
fair majority. The danger is in the
Senate. The Louisiana Senators NAV
vote against it in order to get a tax on
sugar, and indeed, already there is a
scheme on foot in the Senate to place q
sufficiently large tax on sugar to raise
all the revenue required, and thus do
away with the necessity for an income
tex.
The bill, as it will be reported from
the committee on ways and means, will
tax all incomes of corporations as well
as the incomes of individuals. But
whore q man derives part of his in.
come from corporation, and that in.
come is taxed as the income OF the
corporation, it is not again taxed as
the income of the individual. Mem.
bers OF the ways and means committee
say that the collection of this tax will
not require the army of collectors that
It's opponents have been claiming
The tax will be collected by the in.
ternal revenue department and it will
require very few additional clerks tc
attend to the businesss.
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