Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1913-05-01
INCOME TAX MEASURE
DEFENDED BY AUTHOR
PLUTOCRATS FLAYED
Representative Hull Warns Re,
ceivers of Large Incomes Law
Will Be Made Permanent.

Washington, April ga compre
hensive analysis OF the income tax by
Representative Hull. of Tennessee. Its
Representative Hui, OF Tennessee. its
author featured today's general debate
on the tariff in the House. Other
speakers were on the program for dis
cussion on the tariff itself.
Mr.. Hull replied today to numerous
comments on provisions OF the income
tax. To the suggestion that 1t Is class
legislation, and a distinction between
citizens Of large means and those
without particular means he said that
its purpose was to reach for taxation
those who have escaped taxes and who
are most able to bear them. He de-
clared the masses of the people were
paying most Of the 1917, OO0, 900 tarin
taxes and most of the state and local
taxes, save in a few states.
Where them he asked, lis the In
justice OF requesting the receivers Of
incomes OF more than $4,000 to equal
1xe In some measure these tax burdens
by contributing less than $100,000,0 900 to
the federal treasury ?"
Denies Sectionaiism.
He denied there was any sectional
ism In the effects of the tax.
The tax he said Is fairly productive,
responsive to change in rates. and
cheap Of collection. No honest tax
payer had anything to fear he said.
Against the assertion that the tax was
upon thrift, industry and profits Mr..
Hull replied that the tariff was a tax
upon consumption, want and even mis-
cry and added that the proposed in
come tax was measured by net profits
or gains and not imposed upon gross
incomes nor capital nor other property,
He characterized the income tax as
the outgrowth of centuries of tax legis-
latton throughout the world.
Flags High Tariff.
Victims of the tariff with all its
welcome the proposed tax. the receiv-
ers Of large incomes and owners of
great wealth should prepare to accept
1t as permanent tax for it has come
to stay Its effect will be to the end
that this country may have In the flu
ture just taxation, hexibility and sta
bility of revenue and economy in ex-
penditures'
Mr. Hull said he has received from
policy holders Of mutual insurance
companies circular letters issued by
the companies, designed to brighten
per cent tax on the net incomes of
the companies would do the policy
holders injury and carrying yelled
threats to increase the premiums.
These companies" said Mr.. Hull
we'll know there is no purpose to tax
SAAS PAOCcSuS OI illO insurance pOllClSS
nor the return of any amount of the
principal invested in insurance during
life for business purposes, but only the
gains and profits that arise from the
same. The tax would not in the least
increase the amount of the premiums
under any theory of fair dealing"
Judge Green Attacks Bill. s
Representative Green, of the Ninth
district of Iowa, member of the ways
and means committee in speech III
the House attacked the democratic tar
III bill. He declared 1t would injurt
the working man and farmer, that II
was sectional and admittedly drawn
not for development of natural re.
sources. but to increase use of foreign
products. Representative Green sale
the democrats at last confess to the
| owner Of a factory that in framing this
bill they cared nothing about his manu-
| featuring costs and to the wage Garner
that they did not consider his compen-
sation
Judge Green charged the democrat.
\ with continually shifting their grounds
| on tariff and said the democrats theory
now was that all figures as to produc.
| ton cost We're to be thrown to the
winds. He insisted the only proper way
| to deal with the tariff was through i
| strong nom partisan commission. Ere,
meats with duties on cattle Judge
Green held would injure the farmer Al
| to free wool, he declared the sheer
1 raisers We're to become the tariff.
! goat"
| He predicted the bill would hurt the
| wooden industry and charged the cot.
| ton schedule was made up on EectiOna
| lines, so as to help the southerners.
Il &