The McDowell times. [volume] (Keystone, W. Va.) 1904-1941, 1917-06-15

- soo ~ - UDo Il
~ n1o saly . - essa a - -
sxpsnd1turss- Duxfng the a. -
shs levisd By additional taxss o.
and above the prs-war icvsD -
aagAtiy nors than ~ per cent. q y.
war szpsnses.
II ~ should attempt % do a. mush
- - 0rss ysar q H. var q 0rsas
Britain dsd b the third year Il would
somcs 30 raise By taxation 81 go 90.
10 II. IN order 20 b absolutely On
a. safs sids. b seemed advisabas %
hcrsass the sum to u 800. 100000. this
snooh. IN our opinion. be the man.
num-
In coossderins the appcrtionmsns q
the extraordinary burden Of taxes n
~-~ "sos certain - principles
are definitely e~ta blishsd:
Nov .rs.ss ohsssd - Aeesrssensd.
ID The burden a taxss must be
spread - far - possible over the
whole community % - 70 cause each
Individual % share IN ths sacrincss &C
eordins 20 he abu1ey ~ pay and &C.
cordhS TO BIZ ehaso n IL Government
a. nxss n soossnpeisn. which are
necessarily borne b. The community at
large. should b impossd - far M pos
sih'e On articles Of quasi-luxury rather
than IN those az necessity
~ Excisss should b. imposed a. far
~ possibAs upon commodities IN the
hands of the nnai consumer rather
han upon the articles which serve pri-
msrily ~ raw material for further
'rcduction-
~ Tsxes upou business should IL
In'posed 90 far ~ possible uron net
earnings rather than upon gross ~
''eipts OF capital Invested
- Taxes upoa income which will
'eressarily b severe should lie lsnth
differentiated and srsduated- That 10
sherc should b . distinction between
Earned and rnearno1 incomes and th~r..
should bs . highss rate upoa the larger
incomes 10 10 essential. hswsver. not
O." make the income saes - excessive
10 to lead . svas1sa. Ndministrsti tive
'imcultiss. o. 10 sAs moso fonda mental
Injections which havs bssn urged
above.
W Ths szssss pssots wAAeh are due
To the var eunst1tuoo tho most obvious
and rsasooabls ss1seo q rsvsaus dur
Ing wsR rDsA DUe oAe Dsincipls upon
whteh thsss warpro1s eaHss are laid
must b sQu1tabas n eAssry and sasiiy
csseuise,s - pssetsosL
ne prspsss1 tasssHs Tsn.
Tie sA0esseal inssos III % pass~d
By H. Hosss runs - - . rate OF 40
pr esa6 TA1s = Q 80 unhsard Of IN
the histesy - esvfiiDsd sscss<y. II must
10 remembered that b vas only aftsr
rhs nSt year - he war that Grent
britain Increased her income tar 10 the
maximum 81 - psr cent. and that
even now IN the fourth year OF the war
me Income tau docs not exceed <2,>
pee cent
It could easily b shown that . tai
with rates q nodsssts incomes sub
stanttaly 49, than In Great Britain.
and q the larger incomes about a
high. would yield ouly slightly less than
the e6S1 900 900 originally estimated IN
the Hsnss bin.
10 = - b hopsd tat the Senate will
reduce The total rate on the highest In
comes to - psr cent. OF st most to 20
~ cent. and that at the same time N
VIII reduce the rate On the smaIlsr n
comes derived from personal OF profsa-
aonai sanhgs
W Ne wos esWeinves vso shaii have ss
tepeod moro sNd No~s vpen the In.
ee~se tas. oy l@peslNo exessslvs ssSss
NV ~ srs ~ s0iy sndaassrIrs She
sseYrs. ~ srs lnvtti~0 al maass~ ~
Sl0eSltiss ~'hIsh s~sa Great OrItsIn
hss len sbIs - ssesps.
Conclusion
Ths Houss BIN eentatH1 Other funAa
mental defects Witch may b summed
- - epllows:
a. 10 parsuss an srroosous princip,s
IN inposlAs rsesoaetivs taxss.
% II sslsots - unjust and unworh-
sbls critsrion for ths sxce.s-prodts tax
~ 10 procssds - an unheard OF
bsight h ths Income tax.
90 n tmposss unwarrantsd burd~ps
UPON n consumption ~ The eommu-
atty.
d. Il = calculated TO throw busins..
Into soofnsSon By isvyins taIss On sross
rseslpes instead o. upon commoditissL
W - >ee>~ W ~ - - pfCE6f ~ OF
s0mp hxss.
% IL follows an unsctsntinc system
In ~ ess rsss On imports.
co. 70 includes Q multiplicity OF pst-
y and unlocrat1vs tazss. the vsx affous-
49, 81 which 10 out q al proportion to
the revssus they produce.
fhs hnAamentai lines ca which the
Houss I'm should b modified are sum
med 2 Assswish:
o. he aDo0nt 81 Dew TAXATION
seould - limited to o. 80 ooO. 600 or
- e1s sotsst 70 Qi.6o0. 100000 To 90
DoeS thsn shis would b ss unwise a.
h y Unnecessary. To do even this
would - TO 20 more than has ever
49, tsos ~ any civilized Govern
mene = dDs % stysss.
~ 1bs s1esss- prodts tar bsssd upon
. ssee1 Ustem ought to yield about
o5oo. 100000.
~ Ths fnca ne fnz o. hsduks Sush. 10
- rsvDsd I'D Q I ,verlng 20 the rntss
- snrnsd Incomes bsfov $4,000. ana
nm a anAlocooa- Iovssins q TIA