The Washington times., 1922-06-17

Big income Plague7
Legal, and Dangerous.
For a Stamp. $4,000
Francs.
Why Drag the King In.
ARTHUR BRISBANE
tcopyriEht. isaa.,

by ARTHUR BRISBANE
tcopyrisht. isaa,
Big incomes are dwindling,
PERHAPS. In 1919, out of ITO,
100000 Americans, IS told the
Government they had incomes
exceeding one million dollars a
year, and paid tax accordingly.
In 1920 the number dropped
down to 33.
Has there been sudden NOR
tality among owners Of great
incomes? Or has a plague come
out of Egypt and smitten the
u ,000, 900 and up income?
Probably not. Some of the
money has been invested in Sc
curities that pay no income tax.
Tens of billions Of such securities
are available. And also some Of
the men With big incomes haze
Jeayned hoW NOT to pay the Gov
erRment Uhat It thinks it ought
TO get.
II the United States collected
fully the income tax due, as such
tax is collected in England, for
instance, 1t wouldn't be neces-
Ssary to cheat the soldiers out Of
their bonus, or necessary 70 ha-
rass little men with heavy taxes.
One man with an income well
over the million mark said to this
writer, advocating q change In
the taxation system: 'In the first
place, you, won't GET that tax
on big incomes, you might as well
make up your mind to that" and
that was solemn truth.
It is announced that the COM
bined incomes of all the 65 men
or 1919 with q million per year
or more amounted to only
$152,650,245.
All financiers in the United
States know what a joke that is.
Three menr-Henry Ford is one
Of them-have combined incomes
greater than that amount if you
include what they have put safely
beyond reach in non-taxable Sc
eurities. t.
Owners Of Pennsylvania coal
minds are evicting families Of
miners on strike from company
owned houses and putting in
non-union miners, brought in
truck loads from West Virginia.
About fifty families a day ore
put On the sidewalks and strike
breakers put in. This is all
STRICTLY LEGAL. Whether
It is strictly WISE future events
will show. '
Wherever you see big, i'm
portant change in history you
4ind that it was built up on q
number Of little things. Putting
families In the streets st the rete.-
Of fifty a day may be one OF
those Hlittle things."
In Paris yesterday at auction
somebody paid $4,000 francs for
q rare Hawaiian two-cent stamp.
Let men waste time and money
collecting stamps If they will.
Don't encourage your children to
do it. But one kind Of stamp
collecting, the collection Of
United States Government thrift
stamps, Is good for children.
Let them start that and get as
bip n collection as they can.
An old English horse trainer,
asked AT what age should be-
gin training my young thorough
bred,s was told that the young
horse was two weeks old.
1You have wasted the two most
important weeks" said he.
It Is never too young to train
children in the value Of money,
and It's use, which should include,
first Of all, the duty to help 9TH
srs .intelligently. y
Arthur Griffith, who has
fought hard for Ireland, Is con-
tent with the new Irish consti-
tuition; says It Is the constitution
sof free democratic state" So
it is.
The fly in the ointment Is the
dragging of the king into the
oath that Irishmen must take:
Fl win be faithful to His Majesty
King George and his heirs and
enccessors by law This is mere
formality, Of course, for the
King Of England is only a sort Of
vermiform appendix kept for
eonvenience as nominal head Of
what Is really = democratic gov
srnment.
.It would have been as simple
in making Ireland an independ-
ent member Of the partnership Of
nations which tthe British EN-
pire purports to be to have re-
cuired only an oath Of loyalty
10 that partnership.
However, the Irish have at
last the right to govern them
selves, which is the main thing
Kip0s will gradually disappear