The Dawson news. (Dawson, Ga.) 1889-current, 1895-04-17
n COURT AND TIE TAX,
cc,s,oy HAS BEEN MADE ON
THE INCOME LEVY.

ont In Two Points Incomes
m Rents and Certain Bonds
Are Exempted.
;noome tax law has been scuttled
,noreme court of the United States
y has handed down a decision de-
~, II unconstitutional in two of its
D features
~ landlords of the country are ex-
ed from an income tax, and the
.rs Of bonds OF almost every kind,
Dr,l state, county and municipal, are
let out.
=, +be manufacturer and the salaried
Dloye will, for the present at least, be
,alIed to pay 2 per cent on all in
Il &c in excess of 81, 900 year.
ba holes made in the income tax law
- fatal as to necessitate either its
81 ar its material amendment, as the
oa of the country will hardly care to
tbo large capitalists and trust COM
ips absolutely protected, while the
men. comparatively speaking, are
o} to contribute to run the national
eminent,
he question whether the ruling out
bp incomes derived from rents would
10 the whole law unconstitutional
decided in the negative by a DIVIDED
# for the reason that when the court
divided on a question it is neither
med nor reversed, but stands as it is.
leaves the law to stand enacted,
ept as to two points mentioned. The
Si)n will relieve from tax an enor-
Is amount of current money. Every
who pays rent will pay an income
on his gross revenue and can make
Beduction for what he pays his land
and the landlord will enjoy the
ay free from all responsibility of
krbuting to the federal revenues.
be insurance companies aud great
bnauons of capitalists which control
hSands of business blocks and the
It SkyScrapers, can receive their
5 and diSburse them free from taxa
The men who own farms or city
perty bringing in incomes which
be many times the amount exempt
will, under the decision of the court,
entitled to deduct from their gross
hue every penny received from their
Rnts.
be decision also practically exempts
b)ndhOlder class of the country from
income tax. United States bonds are
elalIy exempted by the provisions of
aw itself Now, under the decision
Pc supreme court, every man receiv-
va income from state or municipal
iS may deduct that in the return
e to the internal revenue officers, and
a easy to see that in a great majority
pSeS capitalists who may be worth
# IONS Of dollars, after deducting the
fnu9 they derive from real estate and
Tal, state, county and municipal
u.s. will not pay the government a
pr Of tax.
Pc total combined debt of the states
territories, less the sinking fund, is
P9,2lO,442, and the interest on the
NOUS sum, which is estimated at
pUVO, is all exempted from taxa
Pe income tax will, therefore, fall
Ply on the working and producing
PES The business man and the man
Vorer and the salaried employee will
'ne tax on all incomes over 81, 900.
The populists and socialists cal
"pltallstic class, which lives on its
le from rents and bonds, will be
largely exempted from contributing
e eaaee the deficit in the national
L.
h ueclSlon will entirely upset Score
CarlSle'S estimate as to the fnancia
p'lOh between now and the day con
meets, but there is enough of the
,1iI IN all probability to keep the
"iy running until December.
Mems Trousers Attacked.
The Boston Herald.
0arah Hacket Stephenson, one o.
pest known physicians of Chicago
'"'eS women's skirts reaching only
ankles, and declares that sweeping
spread diseases, notably the bacill
O'fcuIosiS from expectorations il
@IS and streets, and says: SPY tn,
'I0re Is not single graceful line il
a4cniipc 81.