Smyrna times., 1926-03-10
I'M REVISE STATE TAX ON
|TiI'|I5lNE5 M OF INDIVIDUALS
O.poyT STATE TAX COM
J, .I,oyFR OUTLINES VIEWS
:, cuh.titute Graded Tax in Lieu
Ila I.,,Dtion Sao Clause-DeplOres In
hlsar Eal. of Present State Law

e.hstitutp Graded lax III Lleu
% Y ,Dtion 'ao Clause-DeplOres In
bls3r lr.a. 0f Present State Law
lli'I'f J'Popt. state tax commission
Used !, -, the operation Of the
T.,',D T.r Department, at the lunch
.sstinr la4 Of the Delaware State
l.,,,, ls,ociation, in the Hotel DUPONT
:,,,inc-on a, Friday afternoon. Mr..
! Nv Was introduced by Josiah
Y. I, nresident Of the association.
n, T,rTeI said the association had
mi much thought and attention to
\, matters and were now going
..o4a some time to taxation. And
Id invited Mr.. dupont to speak
LAM Mr.. dupont said the princi-
is,re on taxation appears to be
non the tax is permanent or
Do,ar. He said income tax may
.rnorarv. The Federal govern
for Instance, is inclined in the
+m of tax reduction. The
Tpr said he was inclined to think
pgmanent matter. Good road
no. school building and their
Tance are matters that require
im. Good road construction, he
will be taken care of by the tax
plcles and fuel. This means no
m on the general taxpayers. On
however, it is a different pro-
Ol because the schools do not
e revenue and must be carried
an income tax.
ID Must Be Properly Maintained
schools must be continued and
aned and the schools, he
i., would improve and not go
ard. Taxes on real estate, he
we're fairly high. Income tax
H states is permanent and this
must be considered in questions
;e taxes. The first essential of
Ome tax should be that it should
Fly laid and should be continued
nd Just. The tax must be on
Heater part Of the people. IN
be Federal income tax law 81
pit Of the people are exempt and
cent pay the greater portion of
EeS. The speaker declared that
should not be run on such an
table method. The tax should
all the people. He gave an
a1On Of the existing exemp-
n Delaware of $1,000 on a
person and $4,000 on a mar
ouple, under this system the
'h an income of 5000 pays Sc,
the man with the $4,000 in
Under this method the former
per cent and the latter 1-3 of
cent. The tax should be grad
N 50 that the smaller taxpayer
be benefited. Exemptions
be abolished except for those
I'k after dependants. Another
e stressed was that in framing
We should forget the exact
that is to be raised. There
me people who are really un-
pay an income tax thought
ave an income.
lOaS to Those Who Need Them
lp~onS should apply to those
g them. There are some small
snGn v! { will likely be straighten-
o. I me next session Of the Leg
Inns includes the deductibil-
0uefal and state tax on income
lnS. the deductibility of CAPT
! from all kinds Of income.
s.aeS rom the operation of
~ G0her than farm purposes.
''o'ds Of the tax office should
m "A good shape. The records
cally va being gotten into better
~ duPont said this should
aIssIgency appropriation for
r,....5 VI me department subject to
INV. va Of the governor or some
,s,' .,son. /, He said we should Get
!, ~ e.. Ine e idea Of depending on
o.,a .0r the support of the tax
! sl. H.. Mr.. dupont gave con-
~ n''sn'lon to the question of
5s 'u r' securities held by cor
ana We ,,e,. sad on the whole con-
! ~ NJ very satisfactory and be-
sra,-..2l, yar q the year it is hoped
Year lung oa. up to date so that
'''' can be started clean and