The Monte Vista journal., 1917-04-28
/ By EDWARD KEArING
,,on from the Third Colo
kado Districp'

,n+on. D. C.-Sentiment in
=, compelling the swollen for-
of this country to bear the
aio, burdens incident to the war
,iro the country like prairie
wo must not repeat the blum
of the Civil war when men OF
were permitted to hire sub
..osr who died for them on the
,iroe while they remained at
ma and speculated in army con
cts and in the rise and fall OF
3D. ,,. :,
The people are demanding in no
or+oin terms that wealth be mo-
-. for the defense of the ma
bn.
n w Scripps, the millionaire
nor Of a score of daily papers, and
hos Pinchot, wealthy New York
are leading the movement. Both
.r will be hard hit by the applica-
IN Of their own theories but they
NOT make-believe patriots and
nrepared to undergo the acid
st.
4 ccrinps has an income estimated at
ia 600 a year. He proposed that
man shall be permitted to retain
IRE than $4,000 of his annual
rnings and that on incomes above
at figure tax shall be 100 per
nt That would make Scripp's con-
dbution to Uncle Sans strong box
least 100000 a year, during the
lration of the war.
Amos PinchOts Plan.
I Pinchot has submitted the follow
g suggestion to congress and has
ade nationwide appeal to citizens
all classes to support it:
81. That in case of war, all net
bcomes of $4,000 or over shall be
hbject to the following annual grad
ated war contributions:
4 "On all net incomes from $4,000
$4,000 a contribution of 2 u per
ent.
"On all net incomes over $40, 900
year, a contribution increasing on
sliding scale, beginning at 10 per
ent and rising to a point which will
ermit of no individual retaining an
hnual net income in excess of $780,
0O during the war.
90 That no wholesale or retail
ealer shall sell food or other basic
ecessities of life during the war at
larger profit than per cent.
"9. That no war supplies or war
ervice, including transportation,
hall be furnished to the government
a net profit of more than 8 R per
ent."
Wall Street Frightened.
At first, Wall Street and it's sup
3orters were disposed to laugh at
cripps and Pinchot and their talk
}bout the "conscription of wealth, "
ut now the great financial interests
re visibly alarmed. They are urging
ongress to issue bonds and thus
compel posterity to bear it's share
the burden" Another Wall Street
2uggestion is that we place a tax on
ga nd coffee and other necessaries
4 life and revive the unpopular
2tamp taxes.
IN other words, Wall Street not
Phly wants the masses of the people
% DO the lighting but to pay all the
Pllls incident to the struggle.
unfortunately, this infamous
fcheme has powerful support in both
Pnouses of congress. What the re-
fuit VIII be cannot be foretOld at this
fime.
a just Tax.
The income tax is a lust tax. 1t
PppresseS no man. 1t deprives no one
~ eltner the comforts or the necessa-
'eS OF life. Under the existing law
married man does not pay the tax
un'll his income reaches $4,000 a
year and a single man is not taxed
Until he is earning $4,000. These
are generous exemptions.
until the $4,000 incomes are
reached the tax is only two per cent
AS member of congress receive
'a'ary Of $500 year. On that
-, income tax is only $40 year. Is
""' excessive? Would l have cause
W complain if, in war times, my