The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1915-12-26


outside of it. to deny the facts that l
| have Just stated.
| But, you say: THE Payne tariff law
| produced more revenue at the custom
house than the present law" Undoubted-
| ly 1t did 1t was the intention of the
men who wrote the new law to decrease
| the taxes that We're raised from the con-
sumption and to inaugurate in this coun-
try system of taxing wealth in place
| of taxing individuals The decrease, how
ever, was not so great as some would
! have US believe.
/ The receipts at the custom house for
| 1912 amounted to $S11 321, 672. In 1918, the
\ last year of the Payne law the customs
| receipts amounted to $3lS S91 1856: and in
| 1914, the first year of the present law, the
1 receipts at the custom house amounted
to 500, 12S 527. In other words, the falling
| off of receipts at the custom house, COM
pairing 1914, the first year of the present
law. with 1912, was only Sf9,193045; and
comparing it with 1918. the last year of
| the Payne law it was $26. 1852, S6S You can
not dispute the facts.
| The point before the European war be-
| san where there. was the greatest diff
| ference in receipts at the customhouse
between the present law and the Payne
law was the fiscal year 1913, when t
! amounted to s26 762. S6S. And yet notwth-
standing the decrease from customs, our
| legislation increased the amount collected
under the corporation tax by extending
the scope of the law to all corporations
! oo,,,o -, +,
| -<s,,e,r,., -
| NECESSARf Kew EN- UE
| What is the result? You charge us
with an inability to produce the necessary
| revenue at the custom house to take care
! of hn of no eyry nr,1t,1 ont
There is only one place where that reve-
| nue. could fall off or has fallen off. tina
may be chargeable to our legislation, and
! that is at the custom house. We admit,
and the record shows, that we collected
S2G,00cO00 less at the custom house than
you collected the last year the Payne law
was on the statute books. But the record
also shows that YOU collected only $S5,
0o6,299 under your corporation tax, and
We with our amendments made it pro-
duce $50, IA ,531, a gain of over $1,000, 900 to
4 the treasury; that we wrote a new law
that has collected Sal 046,l62 from individ-
ual incomes, thereby increasing the reve-
nues collected from the increase on the
| cooperation tax and from individual in
comes by over s45o00,000 as against loss
1 at the custom house of $2G0O0,000, or a net
| gain of revenue in favor of existing law
of over S19oo0,0C0.
Is there any other place where reve-
nues have fallen off that can be charged
| to legislation coming from this side of
| the chamber? If you say the receipts
from internal revenue taxation have fallen
4 off, | answer you by asking who wrote
! the laws. who is chargeable with the re-
/ sEonsibility for the laws, to collecting in
] ternal revenue taxation at that time
Your side of the chamber not ours
| Then what is there in this charge you
| make? oh. you may say that am talk
i iY,rr -1, out Ba fe<, ,,,1 ~
! Payne law was on the statute books from
the LIST of July to the 18th day of October
of that year Well, that is true; and you
may go further than that You may say
dia see -, .ne piese.it iaW
In,,iay, 1o,t M =. sne ~ ~, way -, -,
,,s, ,[',,,,,a ~ ~, t.t,, 20 ie'
~, tl,a 80 80, ~. - ".'
Ie..s ~ oA .'o i - .uas ~
/ 60, - .,,;,.s, go uas ,aa,s Sn'
80 80 - -, 60 - go ~ -
/ M, - ta,a -, oa', ''a+ ,
? ny - a. - 1o, 10 20 NJ,
..r5s w W : s9oo no. wa
- .ls 100 ~, ~ ~ ',is -. va
,n,o 80 ~ oas u us
90 M VIZ $3.50
- "s' ',, We? uui 80 az ne ID W. II.
,Feess ~ 49, ~ eiie pieseii,
ID" WI ~. rs '"a' peiiou " 'ine a'iouii'eu
- ~ ~ ,-;fos.,,, so;n -, ~,
- - a. az ~ Wy ias'
| yea, VI liie iayne raw WIN tne hIst year
~ .ne pieseiis q" ~ ue'ei ilhi'ihs 'ne rev
ei,ue powel "a s'1ei iam
inisill 20 iiiuci' ~. .iier IN inafdns tne
| coiiipai isoii' anu ~ q a iatei u.y II -
Hecessa'y 70 10 ~ wii pu. d iuii ana
coi'ipiele eoinpsrIsoil oi .''ese TWO Jaws u,
| t,e etoiu, an isaus now anu a. az
LINES - eiis'sieHse tne s..'teiiisn. u any
one VINO disputes the 'Iaats ! pave stated
| OI WHO dtttilDlS W rNCN tildt the re-