Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-04-26
DAYS TARIFF plocUoololt 00
VOTED 70 EXPLANATIONS o " y
REVENUE FEAruNa. ~
HULL ANsWERs osJEcrloHo ~
FILED ~ oppoN9yeY1
Says Law Will Tax Those 1vadiN
Payments and Relieve TariM 1aso6S
Now Levied Against Poverty aa1l
Missry-charss Of Class Lsslsiatiea5 I
10 Dsnisd.

Washington. April "a comproa3
hensive analysis Of the income tax hylE
Representative Hull, of Tennessee, tt1E
author. featured today's general ds<S
bate on the tariff in the house. Othe4S
speakers were on the program for diosS
cussion OF the tariff itself.
Mr.. Hull replied today to numerou9H
comments on provisions of tho incomes
tax to the suggestion that 1t Is clax4gg
legislation and a distinction betweeM(s
citizens of large means and those with~z
out particular means. he answered that
it's purpose was to reach for iaxatiu0#
those who have escaped taxes and whAE
are most able to bear them. He de~E
clared the masses OF the people wer01
paying most of the $3l3,000.0o0 taxes
and most OF the state and local taxe4}
save in a few states.
Where then he said. lis the inA
Justice Of requiring the receivers Of tnSd
comes OF more than $4,000 to equAit1N
in some measure the tax burdcnsy He
denied that there was any sectionxlixu1
in the effects OF the tax.
Says Tax 10 Fair.
ut would be inonstrous." he said. "te|
say that receivers OF great incomeal
may sesregate themselves and upon theEI
plea OF segregation or sectionalism sucS
cessfully exempt their entire we1its19
from taxation. They should invoke the
plea Of segregation and not sectionAls
ism"
The tax. he said. is fair. productivGi
responsive to change in rates. 4nGI
cheap of collection. No honest taxi
N,.. n
Against the assertion that the tax wa1
upon thrift industry and profits. ME-
Hull replied that the tariff was q tn
upon consumption. want and even pow
erty and misery. and added that the
proposed income tax was measured u
net profits or gains and not imposft
upon gross income. n6r capital 4<N
other property.
He characterized the income tar ~
the outgrowth Of centuries Of tAx leGiss
lation thruout the world.
Law Has Come TO Stay.
"The receivers OF large incomes and
owners Of great wealth must be pre-
pared to welcome 1t as a permanent
tax. for 1t has come to stay. It viii
replace about s7o.000.000 derived from
custom houses taxation. to the end thA1
this country may have in the future
just taxation, and economy In cxpendis
lures"
Mr.. Hull said he had received from
policy holders OF mutual insurance COM
panies circular letters issued by the
companies designed to frighten them
into the belief that the proposed l per
cent tax upon the net incomes OF tho
companies would do the policyholders
injury and carry veiled threats to ind
crease the premiums
Insurance Not Affected.
These companies" said Mr. Hull
well know there rs no purpose to tai
the proceeds OF life insurance policfe1
nor the return of any amount OF thu
principal invested In insurance durinl
the life for business purposes. but onlJ
the gains and profits that arise from
the same The tax would not In TIN
least increase the amount of the prem
iums under any theory Of fair dealing.
Protection and Monopoly Not Related
Representative Kahn. OF California
republican. denied the contention OF th(
democrats that protection was -
sponsble for monopoly.
III that be true" he said. Their
ought to be no conbinat !ons or mo
nopolics in free trade in England
while the fact remains that Gren
Britain is honeycombed with combina|
tions and monopolics Monopolics ow
their existence to mans cupidity.
Representative Green. republican, o
Iowa, attacking the Underwood bill. de
clared that it would shift Amtertca
balances Of trade across the seas