The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1921-10-19

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discussion of the measure said:
Surfaces have been reduced from
65 per cent to SO per cent. They
have come down to the deadline in
that way, and what is the result
The result is that these $4,000 tax
payers on the upper side of that line
are to get a further reduction in
their taxes little stipend from the
PEOPLE of the United States, of $780,
600, 200 a year, while those 100000
taxpayers earning between $4,000
and 100000 year by toll and in
vestment and all the efforts which
characterize the miscellaneous popu-
lation of the country, get a reduc-
ton of only SIS, 100000 on account
of the surtax.
Every single solitary man who
stands on the upper side of that line
this modified army of million
aires that has just finished its sue.
cessful drive against Congress and
the National Treasury-has got his
surtax rate cut. 1t has been cut more
than one-half. That is the million
aire class who, when the members of
IL want their taxes cut down. be-
comes beggar class, begging aims
of the government and of the hun
dred million of people of this coun-
try. They get their surtaxes cut in
half.
"How about the poor unfortunates
who are below that dead line which
the Republican party has drawn?
There is a reduction in surtax rates
below that line of / per cent on in
comes between $4,000 and 100000;
n reduction that is insignificant when
with the reduction of 33
times as much. proportionately, CIV
Ell to the members of the millionaire
class.
Promise of Tax Reduction Not Kept
Referring to President Harding's
statement Of a proposed saving of
$3.50, 100000 from appropriations
llready made and of the Republican
,arty promise to reduce taxes. Sena-
or Simmons, speaking with the au-
hority of one who has been Chair
nan of the Finance Committee of
he Senate, said:
According to the confession, ac-
ording to the logical implications !
# the act, deliberately the admins
ration confesses now that it was
eckless in apprOpriating the peo-
les money in this very year of our |
ord, when they were already in full |
ontrol of every department of the
for they now claim they
hen appropriated for departmental
expenses s350.O0O,OOO more than
he departments needed It is a
Mighty dangerous matter, Mr. Pres
lent. mighty reckless thing, for
reat party. carrying out an econo-
~ program, to appropriate for these
apartments here in Washington
lore money than they need; for il
hey do not need it, they are pretty
ertain to find a need for it if it is
ppropriated.
There is one thing certain, the
republican Party is not, in this bill
least, either carrying out or even
D much as attempting to carry out
s pledge to the people that i'm
lediately upon coming into power
would proceed without delay, max
lg 1t the business of first considera-
on upon the calendar, to reduce the
urdensome and oppressive taxes
lat their leaders informed the coun-
y in the last campaign the Demo-
ratio Party had imposed upon them I
nd was keeping upon them. These
epublican leaders may and do pro-
ose some reductions in expenditures
} be made up by borrowing money
, FIJI the hole upon the faith and
redit of the United States. They
0 propose some reductions in the
lxes accruing in 1922. But in this
hole year, during nine months of
hich when 1t ends the Republican
arty will have been in control of
very branch of the Government,
lere has been no redemption of the
romise Of immediate reduction; not
My no REDEMPTION Of that promise.
II, there has not been and will not
e II tho ending bill becomes a law.
Ither as 1t was passed by the House
r amended by the Finance Commit
'e, any redemption of that promise.