The sun., 1909-06-29
THE TAX or INEQUITY.
what tho Country thinks ss It.

| THE TAX or INEQUITY.
what tho Country Thinks sS II.
| From ths Nep Huven Ersnfne Register.
The Tax OF Ineauity IL the accurate term
which The sUS applies to the proposition.
now assuming serious proportions at Wash
ington, to overcome the national Treasury
have recklessly created by means OF tax
Of , per cent. on the net earnings Of cor
porations. Heretofore the Register has not
been disposed to concede that any snch
injustice Is deliberately intended by Mr.
Taft. Yet day after day the serio,ls dis
cussion of Il goes on. and before we know
! II we shall discover that The Taft Administra-'
ton Ia committed TO 1t beyond recall. and
We shall have the deplorable instance Of an
injustice added to an evil instead Of
reasonable revision Of the taritf that would
result In general prosperity. The greatest
danger lies In the superficial public attitude
| toward these things. . There Ia
appearing against MIR. Tafts tar PROPOSE
ton, now that 1t Ia being taken seriously.
a volume Of calm objection which he cannot
well afford to disresard.
From hs San Franefsco Chronicle.
As has often been pointed out In these
columns. q large number Of the States have
already .sss.:ed to the taxation os inhefi-
tances and depend upon the revenue from
that source to supply Q considerable part
Of their needa for administrative purposes.
The same observations apply to the sugBes-
tion to impose Federal tax on the net
earnings OF corporations. As In the case
Of inheritances. the States have been act
Ing on the theory that taxation Of that
character was left to them. and most Of
them have already avsiled themselves Of
the privilege Of drawing from railroad earn
ings for their support. and will be reluctant
to have 1t encroached upon BY the Fedora!
Government.
| From ne Florida Ttmss- linton.
This plan grows worse with avery change
proposed
From ne Boaon Transcript.
II In also significant that whereas this tax
has been discussed by the President a. q
temporary e1pedient, with time limit set
on its operation, like the Ave years which
was applied to the income tax Of the Will
sos bill. the conferees at the White House
shrewdly decided to let 1t be enacted to
stay until It was repealed. Any other de-
cision would be farcical. Nobody suppoaes
that the Congress OF the United States,
when II nnds twenty-five million dollars
pouring in from the earnings Of corpora
tions. 10 likely to stop building battleships
on the coast or erecting public buildings In
Iowa merely for the sake OF saving this sum.
Easy come. easy go. applies with re-
doubled force to the operations Of the Gov
ernment. Any money which comes into
the Treasury no easy-politicaly measured
AS this will be continually called for
.. The Fast 10 still hopeful that Mr.
AldrIch will nnd some way to get along
without its imposition. In this period Of
profound peace all such extraordinary lev
les ought to be unnecessary.
From ths PAiIsdtiphia Pebble Isdesr.
whatever reason or justification the
President and his advisers can devise for
his proposed taI upon corporation earnings.
there is every kind OF reason why 1t should
be opposed. 1t In bad In itself aud worsa
In the circumstances Of It's inception.
| From ne Chicago Inter OCEAN.
1t In the principle Of Government control
Of the busiDess OF the country that makes
the proposed measure infamous.
From the Hsnisrd Daav 7'inss
| The proposed tax Ia odlous. and the st ream
Of opposition to It 10 assuming the proper
tions OF . deiuse.
From the 81. Paul Pioneer Prsts
Rarely do we find. In the Journals which
most faithfully represent public opinion.
anything more than a doubtful. hesitating
and very much qualified approval. The
prevailing sentiment In such 10 anita asonistIc
| From hs Denver Republican.
| The Incorporated business would be
placed at per cent dlsadvantsse In COM
peting with Individual or businesses con-
tinued under hrm ownership. Because Y
/ Is newer. more up to date In its methods and
more progressive. the West would be taxed
out OF all proportion to the Fast. where old
family relations obtain more largely and
more established businesses are continued
under the partnership plan.
From fhs .sprinsneid Rsp4slkan.
| President Taft's corporation taI scheme
Ia now being placed in-tts true light before
the country. Revenue In merely subordl-
nate object. The primary purpose 10 to
substitute Federal for State control Of all
corporations. and the tax measure now being
drawn up In to be regarded. on the reported
authority Of MIR. Taft himself. as a first
and long step to that end
From he Albonv EseainS yosrndi.
! Except In time OF war the United statss
has been able. slnce It's formation. TO raIss
oil the revenue necessary for It's expendi-
lures by Internal revenue taxes and cus-
toms,
From The -. Paul Dfspsf6h.