La Junta tribune., 1917-07-26

- - hoDo3 iS0B k0uu1y
thAa upea ~ arttcass xhIeA sssys M
marily - 1v natseial fee fufthss
tseDe0eA sftsn e7rses1
- fssSs spoa bssiaess sbosA b
iopoeed - fas q possible spsa pst
earainss rather tAan upoa sross n
esapts o. capital Invested
o. Taxes upon Income which vtD
necessartiy b ssvsrs should b both
dS9sreotaatsd md graduated. Thae b
there should b . distinction between
sasasd and uneafAeA iaeonse aud there
should b higher rate upon the larger
lneesnes- Il is essential. howeves, not
b make tAs hcons rate % excssaive
- b Iced to evossoa, administrative
dimculties, o. to the more fundamental
objscttoas which have been urged
above.
(0 The excess proots which are due
to the war constitute the most obvious
and reasonabls soufcs Of revenue dur.
Ing war umea But the principle upon
which these waf-peo0t taxes are laid
0aBe b sQWtabls b ttsoey and ssaliy
ealesiab,s b pesetses.
Uks pvspsssl lasss~s rs..
T1s e1d1t1oasi inceos tax = paass1
~ H. Hssss rUas sp 10 . rate u C.
~ esoG 1AlD = . ~ uaAsard q I.
~ histosy - eiviliasa sscssey. Il nase
y Fs0sabsssA tbatlk VAs soiy oelse
~ ~, yeas - ~ vss thak 0ssat
0siAis isessase1 ~ iacsos ta1 b ~
naxipuo, u - ~ csat-. ss1 hat
sSsa asW b ths fe1fsA ysas q IL war
- 0cv0o 0E 1Sss ~ Sees>A a.
~ csok s o1' a417alF H'f
lt esaA eo114 - uAeWH eAae Q tas
M sae10 - 0e0ssato tDee0se sub.
stest1ary isss ~ = 0ssaa Britain.
~ - ~ lasUW tnooDaU ohsUe -
~. UsaA ~ ~ an0hGay iesa tAaa
= "a - srisAa'ss ssfissasA h
Il = - b heps1 eAAt IL senate vin
es1sce tAs ortal sats . ths higAsse in.
ce0so - ~ pse csst q st ssese b ~
~ csnt, an1 tAat ae ~ aa0e eins h
WI rs1srs ths rate % ~ saalies IA.
esoss Ass1vsA iron psesoasi - pcofss-
sooaal saFainR.
" tee vsee es~eiWsss ~ eisoil ksvs -
6epeo6 0eeo sNd aseee vpeW tke N.
NV sse ere ~ eNly sNdsW0sriRo ~
suesrs. but 80 iavitieO eIl assNase u
dseSeSlties which even Crest Britain
hss bssW sbls - ssesps.
csWeiusiea. -.
Ths House bili contains other fuuda.
mentai defects which mag b sum.4t
'uVls fdio<S: ->/
~ It pursues m erroneous prineip,s
In Imposing retroactive taxes.
az Il selects an unjust and unwork.
sb,s csitesios for ~ s1seas-peoAts tax.
o. Il prseseds "a On unbeard-of
hsighe b ths lscans tax.
(N It hosses uswssnnted burdens
spsa ths esnsumpG1sa oe the coouu.
nifty.
(6D Il u calculated to throw business
NO csafnslsa ~ lsvying taxss On sross
sses1peD 1nseeo1 g upsa co0oodities.
(ol q 6allD - uaks . peopss uss Of
seano taBsA
~ Ie go0oWo - o0Cto0S1oc oyoee@
= ~ 0at sate - 1D0sets.
(O lt lae1u1ss . 0slttplisaty q pst.
b esd usluessttve lassA ~ ssxatious-
80 e VIA = - 6 sl prspestsoe 70
~ rsvsoss ~ pss60sA
Ths funaaneaeal lDss = whieA the
Houao h1ll ehoulA - uol10o6 arU sum.
~ - hssswieA:
a. Ths aoont q ssv TAXATION
should b limited 10 o. $4,000 00o-os
at ths outset to $780, 100000. To Do
more than this would b - unwiss %
k 10 unnecessary. 70 DO even this
would b. to DO ners thas has ever
bssa loss By any civi1llD Govern.
msat b time Of stfeea
N TIE excess. s.pronts tas based upon
Q sound system ought 10 yield about
500. .0OO.OOO
(n The Income tax schedule ought 10
b revised With q lowering Of the rates
on earned incomes below $1,000. aud
with an analogous lowering OF thu
rates on the higher incomes. 90 ns not
to exceed - per cent 4 careful chi
culation shown that m income tnx OF
this kind would yield some sic0OW.
000 additional
~ The tax on whisky aud tobacco
sught 10 remain approximately ns II Il.
with . yield OF about f2JO.O0O,0O
Tbess thrcs taxss. together With the
stamp tar st even The low rnte Of The
llosss hill. end With On Improved su
tomohile tax. wtii yieA over $3.50.
0o0O0O. whieh b the amount Of money
tboagbt deGlsabSs. =
The sLove program would BE- In bar
mouy with IN approved scientific sys
ten. Il viii % away w1fh almost ail
Of ~ csopaslats that afs being srssd
asninse the pseseat. . Il VIII refrnii'
tVsa lsEiag ~ eonssMptsea of Tho
poor.
Il wv throw Q far heavier burden
upoa The rsch. but viii Dot 20 70 thr
sstunss q eoaAscatioa. u viii eo.
vtets lseesference witt business snd
IN kesp uuimpaire1 tbs serisi pso
A->sAsAHs - 49, n<A ~0nleV