Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1895-04-25

80 Of the TsE- >hs~s Ah-sas na~asY
Pee c-af- Sa g~tara~-
As"iNeruS. April =. W5si.Surraa
"a -ercst exists a. h the facts shown rs
-as' incs''uc tax returns rresiv,.,i nu a.
,als tiuie a. the trca>urr .i~ua-tu'.,-
~ much ~ an erunwui- intrrr~s si;l
y haisl " hen these returns are faIIv IN.
ant they Nil hc q - much valu.. a.
indicators % the material condition q
t.'e Whole eUuutry. that thsir put,lssa-
tsra VIII naturally y isnus.tl~ntfv
io-rSet f"y- - far. however. ONLY
uisas-er Information haS ben received
aus "aiy the ule',t general statements
San =, Haasie frora the voluntary as.sss-
sReuts uow ia
tofnsHisslon-r Miller annoanes.S that
ir''sa tias nrur~s On hansi h= = able 20
estimate that the returns novx in will
bring in a collected tax % 50. ssss. sssa.
Ansi ths commissioner further states
iht> amount j. csntiuaalIv rising "A
az sn1rnsi-'i reports resolved from esl-
iert1rN
nerc arr various cstiFuat,.~ a. - III.
a-unuat which Will - added tn tha,
when the in,-,lne tax c.sst-s-sr- Ia.
usasiss hls rCunt, aud all - th.. .l.-lin-
qusnts have been enrolled "a pay not
ooiy the usual PR cent tax. bat the
F-snalty u - pr crnt aiditsur
Ia making pubIic th5s a-wrvxase
amount the commissioner r~fu..-@ =,
ssErvEate the assessments 5n,s th~tr
respective states or districts He al
vaucss several reasru> fsr thzs In the
uFst p-as'-- ta- returns shieh hs- has -
Tar rccrlsy't fre1m the collectors A..
neces>srily ot hurried maxim an.s in
many sns,auc--s incomplete uv..n th~ir
faes'- Nvt usll y would ths. pa t.s is-asi.sa
- ih'-s-' amounts Ef iues,rrect. scanse
e''ufusaua- but ,uch a publicasi,s
's"H.d h-, unIu-t % manv states MAJ
ing a P-rrr showing Ia fast. th- -
tHrn> nuw In ~auN ss.-h a.a~kssf Asus-
ssau> IN pre- p~ritv thr'surhssus the
country that it IS dauhgfal iF th.. ess-sa-
IA --s''isier Ni4l- vvcu iu bis annual re-
p-srt- make a -..srr.sat-.i statement IN
view = the se-tlnnai fcel5nv whieh
wauli result
>'seiiotiiail % what n kns-zsn A. ta. ia
south Hlsss-> tn ar.>r ri,ifuI returns.
Frota Maryland g. E.,aissaua th.- usrz
et the iurnznc-tax cs,lleeta~ vii
= very lixhL And the uu.s.s.sF.ts-s
improvement hich has h.-cn s-ysa.- "a
n taiS ss1ashea>t-ru s-ctjaa fur the
TSsS nftcen year. rill have ta cssntinuss
t"r >ussr year longer h.fsrv & can
insasc a Respectable arn-arans7e. in line
with 14c upuirut ussrthea-s an.i the tn
HaaPhaat wes1. Iez- Lzlz.ssas...s.s.s 49,
Esr q = FROM th.rc that the surpris--s
ot ths, incuuls- tax resurus c,sale
Al during Jli.s arguments sha1h frr
the past two ycars have b..~n taruins.
tssss lns,zsfur tax prpl.irm mp ant sla4rn
ami over thr stat-m~nt has t--rn uaasIs.
aud generally as-rrst u that ths east
would pay the tax This Is MT ~
he east, 4 - r-n-r ally sxaagxu. wslI
not rav even half - the tar Il vii
hsrviiy pay 4 third. unless "a, iusIuss.
IN ynur estimate ali - PenuSvirauis.
Mary land ami WestNir.,inia- TAs. zr,ssz-
ing west the Prusrerous vysSt. the viz
Il'.. hustling. bCzwny vv,-st. i NJ r.aap.-r
AMI = fast taking e. Itself the riches
Of the country aloRy with It's s.nsrt
moving eenter II population
senator Hill. the most careful and
dependable opponent ~ the tax ami
those who to.us his estimates. usesi To
declare that New York s,at. vvsulA
pay fully % per esut 81 the tax Ia
this the senator was buta psssr prophet
New York Will Not pay - p.-r eeuG II
the ineome tax unless the for-..d ssal-
leettons should greatly change the
ratio shown by ths. voluntary aS>.sS,-
meuts now in In fact with ths. ficrur.-.
now IN hand the returns Of New York
and New Eugiaud together do not far
overreach the . p,rr cent marx
In nearly every instance ths. western
states have ovrrrcaehs-t the estimate
which the commissioner pIaeesl ur.su
them For instance. IL waS thought
after the supreme court has- prunesi
down the law, that the state II Texas
would contribute revenue Amounting
to about Sio0. .00O. Prom the voluntary
assessments now in Texas promises -
pay more than sIsu.0G0 or about ny
cent Of the whole tax
Western cities, Ike ~ Louis and t-hi-
eago. make splendid shown af urs-S-
perity. and states like Iowa. Illinois.
Missouri, Texas and California bring
up the returns from the prosperous
west amazingly
Prom the city 81 ST Louis alone
comes more than S50O.aaS. aud the re-
turns from the re>t Of the state run
this up To about S>'l0.ei0-
While ohio Is not generally looked
upon as differing IN character from In
diana and Kentucky. yet IL city af
Cincinnati and its many manufaeturins.
towns place IT far ahead in the returns
received a. compared with the other
states mentioned
After New York comes easily rich
Pennsylvania This big commonwealth
will gIse in n tax upon its wealth
that will surprise even xsll-pastei
economists And il moreover spn-
tains some startling examples Of
money Capitalization One Of H. eoru.o-
ratious alone. the Pennsylvania Rail-
rad Co-. in its last sworn statement.
showed that during the past year it
had paid over sI5.0o0.0O0 in interest
and had n profit INCOME of over =. ss5.
co remaining The income tax on this
one Pennsylvania corporation alone
will be a. much a. that paid bv the
whole state Of Texas
The ofierrs have many methods Of
checking the returns. and many
sources of information which will
verify or dlsPruve the returns made.
For instance, the statements of their
condition which all national banks
make TO tine comptroller of the cur
reRcy from time to time during the
year, and which are always made a.
favorable as possible, will be used
in verifying the statements these
same banks have made 10 the
income tax collectors as 10
their taxable earnings for the last
twelves months No doubt many an
unwary bank Will be caught in this
way.
There will b. endless fights. and
what with the mutilated condition Of
the law. the open rebellion against il
IN the courts. its indefniteneSS. .he
natural cunning Of dodging taxpayers
AM the ucvItizfsss Of il s.,4 Is..s.,-- -.