Scranton Wochenblatt. [volume] (Scranton, Pa.) 1865-1918, 1917-06-14

n, Tho h,rdo, 80 to 80. 10
snroad as far as nossih,a onon ,ho
,,rho,o or,,,,. a,,
;ndiv;duoI 40 ,ho 70 T., tho soor;f,oas 90
cord,n,, 70 h;o .h;,,,u - 49, ,,d 90
oord,r q, IA, a.: ~. To.,,,,,
70, Taxa. on oons,,n,ntto,, ,r,;oh .,o
nocossor;I,, horn, n,, ~, CO.,, ,,,rni,r =,
l.. 500 sho,,a ~ ,,,,y,osoa :, e. a, -,
| s,hIa on ortio,os oe orasi -I,,x,,rr rot,,or
than an tbosa op nocoss;tv
n, Excises sbould ha imnosedos IN,
as possible upon commodities in th,
hands of the final consumer rather
than upon the articles which serve pri
| marily as raw material for further
production.
a. Taxes upon business should be
| imposed as far as possible upon net
| earnings rather than upon gross re-
| ceipts or capital invested.
5) Taxes upon income which will
| necessarily be severe should be both
differentiated and graduated. That Is
| there should be distinction between
earned and unearned incomes ana there
should be higher rate upon the larger
| incomes. 1t Is essential, however. not
to make the income rate so excessive
as to lead to evasion. administrative
difficulties, or to the more fundamental
| objections which have been urged
| above.
Co The excess profits which are due
| to the war constitute the most obviou
and reasonable source of revenue dur
| ing war times. But the principle upon
which these war.proit taxes are laid
must be equitable in theory and easily
| calculable in practice.
The pronossd Iroo,,s Ia.
r,, aa,,,a,,o, ,,,oo,,,, - &C ,.ss,od
| ine "uui'ioh"' in'oiiie 'dA 10 pds'' u
| py the house runs up 10 rate vi U'
per cent. rms Is sum unheard OF III
the history of civilized society 1t must
| be remembered tnat IL was only alle'
| the first year Of the war that Great
| Britain increased her income tax to the
maximum of "a per cent, and thai
even now in the fourth year of the war
the income tax does not exceed 42&
per cent
! 1t could easily be shown that a ta>
with rates on moderate incomes sub
stantially less than In Great Britain.
and on the larger incomes about as
high, would yield only slightly less than
the $o32,O00,OOO originally estimated In
| the House bill.
1t is to be hoped that the Senate Will
reduce the total rate on the highest in
comes to "a per cent, or at most to 40
per cent, and that at the same time 1t
| will reduce the rate ON the smaller In
comes derived from personal or profes
| sional earnings.
II the war continues we shall have to
depend more and more upon the in
come tax. BY imposing excessive rates
| now we are not ony ehoanser'hs 'ne
I;Mo',i.ias .,h;,h ausn ca Rr;,,in
h.. hsen .bIa 20 .seans.
co,,I,sion
r,o rIo,,.o hi, oonto;ns o,bar f,nda-
monto, detects which NAV he summed
nm nc follows.
f1I II r,,rsuos nm erroneous nrincin,e
;n in,nos;n, rotroootiya taxos
| roy - saIoots, a :, ,,nirst and pnworL.
ahIo or;torion for, Tho oxcess-nrodts tax
70, t. nroooods to on ,,nboord.of
boigbt in tbe income tax
iaI II imnosos unwarranted burdens
rnon tho nnns,,m,tion Of tbe commu.
nitv
| *, IT. Go calculated +o throw business
| into oonf,,sion hy levy;nc taxes on gross
rooo;,lts ;ns,oad of ,,non commodities
feI II foiIS to mote a nronar use of
| stomn t.xes
| m II foIIows m upscientifc svstem
in re sot ratio on imnorts
roy II includos a n,ultinl;citv of not
tv nd nnl,,crotive taves tba vexatious-
nose of which is ont of all nronortion to
tba royenue tbov nroduce
u,, <., r,, ,,,oh .,,o
,,a,.sa h,, shn',n, =. nneaa ano s,,,,
e 80 ' VI. haaa';.s sa '
iieu 1i up ny, ne'em i'n 80 ..,
| ~ 30 ,s.-.,.aa ., aso 600 non -.
onou ., -. ., eoS noo 900 NJ do
u