The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-09-12

WASHINGTON. Sept. 1l.-Ihe III"
war tax bill, by which is TO Dc i"'S'0
or.-,hird of the sct.ooo.ooo nceded "
s,.,co Americas share Of The "o''o
,vor during the coming fiscal year, Is tne
greatest piece Of legislation oil III" KIM
ever attempted by Congress % Wv
r:,i,a1 States. II touches prooaoiy e'
.ry ,,xuhl,. source and il Intcnoeu !"
,J.cn th.. bulk uf the burden whore -
h.i,uxs and make every citizen s'i"'~
IN. cost Of the fight for democracy
Enr searching and Inclusive yet 'he
tax burden is said to be not as he"Hs
az that upon. the people or EnGl'Ilu'
is also claimed IL Will not "o'h t"'
hardship nor demand the stlt-slc'
which has fallen |" the lot VI c''''''
tbe English OF the French.
rrha American pe"ple may aprrec'a'"
!, marc fully and they may understand
NOR, clearly the part they arc taxing
financially by giving PASSING notice III
Ions, 70 the ways in which the allied
countries Of Europe and particularly
England have raised their war rcTenu"
Tho tax laws OF England have ever
b.on more severe than those OF Inc
United States. 1t is only natural thc"'
,ha; EInglands war taxation should pf
nrnportionately heavy. 1t must also pc
remembered that England. being SO nrlr
tho lighting zone and surrounded by va
E,rrs infested by enemy submarines. mas
had her commerce enha rrassod and hcf
rich import duties. once the heaviest IN
tho world. somewhat reduced. In ao-
EDITION TO that thr demand for man
power for the army has taken from lac-
tories the labor. Home industry has
bn"n paralyDed.
England has. therefore. been COM
ppcllcd to rely almost entirely upon
! loans---foreign and domcstic--and upon
a system Of internal taxation levied
upon incomes. excess profits and iuxu-
RIGS. The same is true Of France ana
tho other allied countries.
English income and profits taxation
| has been classified under five schedules.
: as follows (a) Landlords Property
! Tax, Cb) Farmers Tax. &C Tax on hold
CTS Of government securities (d) Tax on
business profits. professional incomes
and on sources Of income not included
| under my other schedule. tc) Tax on
salaries Of public officials and en-
| ploycs.
Tho properties. profits and gains on
which income tax ls payable and which
fall under these schedules arc subject
| 20 an assessment on every pound ster-
ling Of their value
Cndcr the first schedule. overy per
son deriving an income from property
IS taxed, these taxes being payable ny
Tho person occupying the property IN
question.
Tho second schedule, or farmers tax.
ie almost Identical with the tirst except
that the taxable value of the land Is
fixed by law instead Of tn" tax being
levied against the actual income derived
| from this land,
All incomes, whether IN the forms OF
interest. anuuitle< dividends or shares
or annuftics arising out OF any public
revenue arr subject to taxation under
mo third schedule. Tho tax is assessed
at tts source. before the taxable incom"
! reaches the taxpayer. upon the persons
and conventions entrusted with the
raymnnt Of such income. Interest on
certain war loans are exempt under the
schedule.
Tho tax on business profits. profess
, sionaI incomes and m incomes not in
cludod undrr tho regular schedules is 50
! "a, reaching that II touches practically
| cvcry source except IN" incomes Of char
table trusts and orEan!zn tons AMI GER
! tain trade unions. TIL" tax rnt" is vary
, ing according 10 circumstances.
! Tho rate Ia applied to all incomes OK
cooling t1Sn pounds a year. with cor
| tain ahatcmcnts which .d"cr"1sr proper
| tionatnly as the incomes Increase Tho
abatement Is moro ccnrraus and tho
| ratn lower uTnn earned incomes ;h1n
urnn thnse which are unnarnod.
( Thu incomes nf mon m tho army.
| navy and Rod Cross arr aisn subject 10
! taxation. but in those. cases reduced
| rates ar made.
Under tho NTH sch"dul" fall tho in
ror1rs Of MI employees OF tn" crown as
J we'll as ~ NIL ecclesiastical bodies III"
como taxable under This sr'hrlul" is not
merely that received in parmmnnt ~
current services. hut mis-" all annuitl"S.
pensions. stipcnds and oven F;rei"r OF
/ rcrtnEs mado to cl"reym"n hy their
, congregations.
Thu English systcm nc luxury duties
"a inst rs Inclusive rs ihA' sc ihn
I"nitc1 StntnS and in many respects 'hc
two measures. English and Americans.
arc a,nmost identical In fact IN" Eng
lish law wns taken as n" model III SOM
! re- pects for tho now American tnN h,iI
English law. as far ne incomes arr con.
rerncd. is only growth md m"dlii"a
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