Shiner gazette. [volume] (Shiner, Tex.) 1893-current, 1906-12-05
and reduces former compete
tors to posipoN2f utter mferiority and
differentiation. ~
InherltanoS and Income Ta.:.

competition and reduces former compet-
suhordlnation. ~
lnheritanoE and Income Ta::.
1t was expected that the president
in the necessity for the curbing OF enor-
nous fortunes and he has done so by
accommodating leEslia.tion for both In IN
/ ieves the goveEihnent should impose
| graduated Inheritance tax. and. If posi-
] bic a graduated income tax He says,
II am well aware that such subject
/ as this needs long and careful study IN
| order that the people may become famll-
| lar with what Is proposed TO be cone,
| may clearly sec Ale necessity Of proceed
ing with wisdom and self-restraint, and
| may make up. their minds Just how far
| they are willing TO go in the matter;
! while only trained legislators, can work
| out the project IN necessary detail. SUI
| al legislators sifQnld enact a law provld-
ing for a graduated Inheritance tax py
which steadily increasing rate OF dlty
should be put upon all moneys or otner
devise to any individual or corporation.
! 1t may be well to make the tax heavy
in proportion as the individual benefited
! is remote of kin In any event, m my
Judgment the pro rata Of the taX snoul .a
of the amount left to any one lndlvluuai
after a certain point has been reRchea.
1t is most desirable to encourage tnrl Wy
thrift and ambition is the desire, on the
part OF the breadwinner to leaye ms enll 5
dren well off. This object can be attained
by making the tax very small OH moder-
ate amounts OF property left because
the prime object should be to PVT q CON
| ltance of those swollen fortunes whlch
II Is certainly OF no benefit to TINS coun-
There can he no question of the eth
ical propriety of the government thus De-
termning the conditions upon whlcn any
4 gilt or Inheritance should pc received.
Exactly how far the Inheritance tax
would, as an incident. have the erect OF
limiting the transmission by devise OF
gift of the enormous fortunes In question
II is not necessary Mt present TO nlscuss
It is wise that progress in TINS direotlon
should be gradual. At first permanent
national inheritance tax while 1t might
be more substantial than any such TAX
has hitherto been, need not appro,xl NJ we,
increase by graduation, to what such
tax should ultimately be-
Inheritance Tax Constitutional.
"rhis species of tax has again and again
been Imposed aitho only temporariiy,.,by
the national government. 1t was frst
Imposed by the act of July y 1871, when
| the makers of the Constitution We're
alive and at the head Of afiairs. II was
a graduated tax; tho small in amount,
the rate was increased with the amount
left to any fndividual exceptions being
made in the case of certain close KIN. A
act OF July 1, 1862; minimum sum OF
$1,000 in personal property being excepted
progressive according to the remoteness
of kin. The war-revenue act OF June -,
1928. provided for an inheritance, t siS o on
T. the rate of tax increasing both IN nccore~
ance with the amounts lett ana IN ac-
cordance with the legatee's remoteness
Of kin. The supreme court has held that
the succession tax imposed at the time
of the civil war was not q, direct TAX put
an impose of excise which was both con-
e ee5srt'oai in an opinion delivered, BY MIR.
Justice White which contained an eM
of the powers of the congress to impose
death duties, sustained the constitution Of,
ality of the Inheritance tax feature OIL the
war-revenue act OF lsss
is Income Constitutional7
an it's incidents, and apart from the
main purpose of raising revenue. an
income tax stands on an entirely diner
ent footing from an sstlon es t tbs ee
healthy healthy size. The question is in its
s ment Of Burdens, to dement's. As the
law now stands u Is undoubtedly difii7
cult to deyise a national income tag tax
! whether it is absolutely impossible is an
other question; and y possible 1t 10 most
certainly desirable. Tho first purely in
come tax law was past by the congress
in 1861, but the most important law deal
Q ing with the subject was that of 1891
This the court held to be unconstitu-
E aThe question is undoubtedly very in
tricate delicate and Troublesome ,si II Ths
by one majority. 1t Is the law of the
2 land, and, of course, Is excepted as sncl
l and loyalty obeyed by all good citizens
9 Neyertheless, the hesitation evidently
7 felt by the court as a whole IN coming
4 to a conclusion, when considered. to.
gether with the previous decisions or
the subject. may perhaps indicate the
: possibility of devising a. constitutions
+ lncome-tax law, which snail supstan
/ ~. mil q m
8 at. The difficulty Of amending the con
g stitution is so great that only real ne
9 ETSSs EFFORT should besmade in dealing
with this subject as with the sub1ec
a Of the proper control by the nationa
wealth in Interstate business, to devils
u legislation which without such actor
r shall attain the desired end; but II thi
= falls, there will ultimately be no al
Il Tentative to constitutional amend
n ment."
IS Agricultural interests.
II He appeals for every encouragement
that the can , sye ~ tne asH
d points to the good that Is being done b.
y the various forms Of grange organiza
'e several factors must cooperate in tn
y improvement Of the farmers conditior
y He must. have the chance to be educate
70 In the widest possible sense-in the sens
!. which keeps ever In view, the intiinat
y relationship between the theory cory Of edy
- cation ana the lactb Ot 1iics III a
education we should widen our aims.
IS Is a good thing to produce certain mum
A. Der Of trained scholars and students
s. but the education superintendent by. tn
lt state must seek rather TO produce hur
Of dred good citizens than merely on
er scholar, and It must be turned now an
I; then from the class book to the stud
u OF the great book Of nature itself, Tn
x is especially true OF the farmer, as hn
al been pointed out again and again by a
iee teal judgment on the. problems OF o.
i'd country life. All students now .realis
q that education must seek to train ~
10 executive powers OF young people and
IN confer more real slgnifcance upon II
te phrase dignity OF labor" and TO pr,
IN pare the pupils so that in addition
70 each. developing In the highest deEr'