Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1914-05-30
PAYS - CENTS On EVERY - IN.
CONE SMALLER AMOUNT IN 81
PERTAX AND II On EVERY - At
DEATH.
TOTAL FIGURES A THIRD
CALcT LNTION IL MADE by SIR
WILLIAM LEVER ONE OF THE
NILLIONAIRES WHO WILL HAVE
TO PAY TAX.
tBy issssiafcd PrcsS.)

l-hisfUH. MAY II Hdrr lHt new
scheme Of taxation introduced by David
Leg. George. chancellor of the cxchcq.
ter. in h~ budget for bills. q man hay-
ing an income from \ capital Of five mil.
lion dollars will have to pay one third
Of his income in taxes.
In the first place he has Ia par twenty
eight cents ga every five dollars in in
come tax: then he has la paw "a similar
amout IN supcr-tax. and when he die~ enc
dollar on every five Of what H. left has
10 he paid for death and estate duties.
The total j. figured at just unthS one
third OF the income.
This calculation has been made by SIR
William Lever, one Of the millionaires.
who will have 10 paw but who does poi
object.
] lilSr IT," he said In NV view the
ideal system Of taxation. both local and
imperial. is through The income tax. the
s,Pcr-tax. death duties. land tax, site
value tax. and taxation upon Injuries.
su~h A. alcohol. tobacco. etc. EVERYTHING
else free.
While Lloyd GSree has followed
his predecessors ia his system Of taxa
ti0n. except that he has increased the
rate of income aud super tax and death
duties. 80 that the wealthy have IN pay
The lions share. he has gone 60 orhcr
countries for some ~ his ideas. His taxa
tion Of site valued is based ON the law
now in vogue for the idea Of making mon
~ accrning 10 British subjects from IA
vestments abroad pay is share Of taxa
ton.
In recent wears British capitalists have
made insneaSe investments in forugn
countries. When the income from hieSe
Investments Mas brought home 10 be
spent. the government. under the old
law, levied inctsnc tax on il: that il.
when the government could discover II.
But when the income was reiAyesicd
rzroad. the old law did not touch il. Now
Lloyd George SAYS nj income II RritiAl
subjects resident n the I'nih-d Nng-
dom must consrfhste - the impcrial
revenue. Tiesc foreign investments are
estimated III over u billion and n half
doHars. and from this the chancellor
hopes To secure ~ a5Oy000 this wear. aud
doublethai amouHit next year. The total
increase of rcvensc from income tax and
death duties this wear will amount "a
sometlsRg like SII.0s0 900.
In spite Of these ncrehS SEES. Sir George
Paish. the editor of The Statist saa the
burden Of taxation is mach smaller than
il has hcen in modern history. In $3.50.
when the expenditure came Ia SiI5Mm.-
O0o. il was raised out Of a national in
come of five billion dollars. Now the M.
tional income reaches the cnormons total
of Sl2.nno 0DD.OuO. ~ il caa easily stand
the increased expenditure. SIR t;eorce
arPnes-thai England can bear sill great
CT increases in her budget.
"Fhere are good grounds h. saws. for
believing that the Income and wealth ~
this couStry will again double in anolh
or thirty years. When il reaches twtNtv.
five billisE dollars. and | have no doubt
that IL will witAin n generation. n bud
get If two and 4 half billion dollars will
be- borne more easily than the bur,ksl Of
abroad, the old law did not touch IT,. Now
double that amount next wear. The total
n billion dollars i'm Eli-
The Imperial Government has found
itself IN u rather embarrassing position
in connection with the naturalization
bill. Under an agreement made al the
last Colonial conference. the naIuraliza-
ton laws ia the various parts III the
empire were 10 he 80 changed that a man
naturalizsi inc one Of the Dominions le
recogn scd n a british subject either in
the Tnitoi Kingdom or the ortcr Donan-
ioss. Ii was agreed that uniform Laws on
this point should lc passed. bnt tn Can
adians. Australians and New Zeal:uaders
inserted that "a clause should hc insert
ed which would enable them Ia exrk,dr
Asia,i-S or any unicSirableS. even
though they had t:hssi ont naturalization
papers ia some other part II the empire.
~ agreed that an alien must have AS a
consideration Of naturalizaaon Nsn a.ie
la settlement OF this point ID was final
qnate knowledge ~ the English langu-
age"
The Canadian and Australian parlia.
ments have passed. the bill with this
clause. and the measure had also PASSED
the House Of Lords and was awaiting
considerations in the IIoa~e II Car,areus.
when the Jewish organizations ia London
brought up n protest that the ciauNe
making IAN adequate knowledge Of the
English Language necessary would OPP
crate Ia the prediuiice ~ large l~s~lisS
of desirable Jews. Their request that this
provision b. left out was needed by the
Imperial Parliament and the whole