Evening journal., 1921-02-10
FAVOR FEDERAL
TAXON incomes
Economic League Question
naire Shows 90 Per Cent.
For Such Plan
PRESENT SURTAX is
OPPOSED BY MANY

VI 4 OOLO ID uftlN
That the sentiment OF this country
IS in favor OF the income tax as one
OF the principal sources Of Federal
Revenue is indicated by a recent
vote Of the National Council OF The
National Economic League. The
vote was on a sereies OF questions
covering the most important taxa
ton problems OF the United States.
In the Council OF the League.
which is composed of leading men
from all parts OF the country. are
such men as x-President Taft. Pre-
sident-elect Harding. Governor
James NJ. Cox. OF Ohio; Charles w.
Eliot, former president OF Harvard.
and Nicholas Murray Butler. presi-
dent of Columbia University.
Members OF the National Council
OF The National Economic League
from Delaware are John Bancroft,
Joseph Bancroft. Frederick Brady,
Caleb f. Burchenai. Philip Burnet,
Joseph l. Cahall. General T. Cole
man DUPONT. Henry f. dupont.
lrenee DUPONT, Lammot DUPONT, =.
5. DUPONT, Joseph X. Frame, DR.. c.
Layton Grier, William Watson Har-
rington, Harry G. Haskell, Harry
Hayward. William S. Hilles, Joseph
T.. Holland. Henry A. Houston, Jr.
William +. Kurtz. William Winder
Laird. Danl. J. Layton. Jr.. Theo.
+ Martin, David T. Marvel. John p.
Nields. DIT. Rowland G.. Paynter,
John J. Raskob. Charles l.. Reese,
S. NJ Reynolds. Robert II. Richards,
Henry Ridgley, Henry b. Thomp-
son. former Governor John G..
Townsend. Herbert II. Ward, II. W.
Niven. Charles Warner and Arthur
A. Wilmot
The first question presented:
should the income tax be re-
tanned as one OF the principal
sources OF Federal Revenue? was
answered afiirmatively by 80 per
cent. Of the $50 members who took
part in the voting. About one-half
OF the members expressed them
selves in favor OF retaining the pres
ent minima OF taxable income, while
OF those voting in the negative, two
thirds are recorded as in favor OF
lowering the minima. A substantial
majority expressed themselves as
opposed to the present rates OF sur
tax upon incomes in excess OF $4,000.
all but ten per cent. being in favor
OF diminishing the rate. About
seventy per cent. are recorded as in
favor of retaining the Federal es-
tate, commonly called inheritance
tax. About seventy-five per cent.
arc OF the opinion that the excess
profits tax should be abolished.
The proposal for leaving a direct
tax by the United States upon the
site value OF land, /. e.. the portion
Of the value OF land due to the pres
ence and activities OF the commun-
ity and TO natural advantages,
mineral deposits. harbor frontages
and the like. was favored by 1872
and opposed by 3t7 OF those voting.
Nearly all OF those who favored this
form OF taxation, are recorded af-
firmatively in answer 70 a supple
mentary question, If your answer is
yes TO the preceding question. should
the Federal Constitution be amend
ed so that such a tax could be levied
at a uniform rate throughout the
United States. instead Of being ap-
portioned among the States in pro-
portion to population as at present
required ?"
with respect to a tax on imports
a majority (260) voted in favor OF
tariff for the protection of home in.
dustries. 1s5 favored tariff for re.
venue only. while 54 are recorded
as being in favor OF free trade. that
is, no tariff whatever.
OF the three remaining questions
the first is as follows: SHOULD
Congress undertake survey OF IN,
ultimate effect OF various kinds OF
taxes TO determine (a) what take,
involve administrative expenses dis.
proportionate TO the revenue col
lected? (b) what taxes. II any. di
rectly or indirectly increase the cost
OF living by an amount materially In
excess OF the revenue collected? (cl
What taxes, II any. could be levied
that would directly or indirectly re,
duce the cost OF living?" This pro.
posal is favored by vote Of AL q
81. The second: "Is Il advisabl,
for the United States TO pay on ia
bonded Indebtedness as rapidly a.
the bonds mature ?", was favored
by zoe and opposed by 242. Tn,
last, Should the Federal power O.
taxation be used as an indirec
means Of imposing regulations II
behalf OF the public health. moral
or safety which Congress woul,
have no power to impose directly p
was answered in the Affirmative b,
l5f and in the negative by 800.
WHO WANTS MARKET STALLS
Clerk OF the Markets McAteer an
a d.