Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1930-12-18

extent of fair scale for living, and
levying the graduated progressive tax
according to ability to pay.
Properly administered, the cost OF
collecting a state income tax will be
very small and will be much more
than over-balanced by the fact that
personal property reports of business
will be much more correct, based
upon scientific inventories instead OF
the antiquated, hap -hazard system be-
ing used today in Minnesota. This
is acknowledged by practically every
student of the subject in our state.
Where Profits are Made Taxes
Can be Paid.
The income tax system will make
for a more systematic equalization of
property valuations especially intang-
ible personal property. Under this
system income earning property would
be taxed more heavily than non-ln-
| come earning property. The former
would bear both a property and IN
come tax, while the latter would bear
only a property tax.
The administration machinery for
the recording of the income tax and
collection of same is very important
The state tax commission would nat
urally divide the state into districts
with civil service employees at the
head of such districts. The state
ments of incomes by big corporations
and other employers and the salaries
Of their employees would be filed for
comparison with the statements made
out by individual employees good
check-up.
Federal Schedules Recommended.
A state income tax based on sched-
ules similar to the federal income
tax will no doubt exempt $50 oil
Pine county and Minnesota citizens
conservative estimate. 1t will be
a tax on incomes of individuals and
corporations that can well afford to
contribute more to the up-keep of the
state government.
The income tax reaches also class
of citizens who otherwise pay little
) or nothing toward the support of gov
eminent. 1t lends itself to gradua
: ton of rates with the using OF higher
, rates on the higher incomes. The
tendency of the burden of other tax
alton to bear with undue weight upOI
; the small incomes is overcome t.
some extent, and the income tai
draws upon surplus fund arising
; from community earnings which cal
L. tod tn
the least sacrifice.
A state income tax in Minnesota
means an amendment to the cOnsti
tuition. If acted upon favOrably b.
the 1881 Legislature which convene
on JAM and which fOrward-lookin'
= and progressive citizens are hopin;
I for, it will be voted on by the citizen
1 of the state at the 1882 election.
Statistics and Information.
One of the best sources of informa
ton on this important subject whicl
g is recommended to readers of thi
f article is Estate Income Taxes" il
v two volumes published by the Ma
|, tional Industrial Conference BOARD
Inc, PAT Park Ave-, New York.
t Another issue that is receiving
G great deal of attention all over Amer
> lea is that of the high electric powe
: rates in the United States compare
4? with rates in Ontario under publ
5 ownership. Senator Norris is an out
h standing authority on this subject i
y American public life and his speeche
e in the United States senate whic
are parts of the Congressional Recor'
j. are worthy of any mans time to rea
q regardless of whether or not the reat
n er is in sympathy with the senator
l. viewpoint