The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1931-03-13
:On This
|: Occasion
Just q few thoughts py the Editor
ON things Material and Immaterial.

A bill for an income tax for Mime
sofa patterned after the Wisconsin
measure has been introduced In the
Minnesota legislature. As there Is some
question as TO the legality OF such a
measure a constitutional amendment
will be submitted to safeguard the
same. Life is just like that. There
is just one d. tax after another
While the income tax is probably the
faireSt way TO get more money and
sort of divide up the burden on the
basis of earnings, there is no case on
record where any Of the other taxes
have been repealed.
Under the operations Of the latest
idea on the part of the money raising
powers Of the state, corporations would
pay per cent Of their net incomes
and individuals would be assessed l
per cent on the first thousand and up
to S per cent on incomes above ten
thousand. Heads of families would be
allowed $4,000 exemptions and $500
additional for each child 1t IS esti-
mated that this tax would bring IN
ten or twelve millions into the state
Golfers with which the legislature could
play ball at the next session.
ssss
The Income tax viii remove from
the books the ! mill tax for state
schools; the % mill tax for the UNI
yersity of Minnesota and all state lev
les except the l-mill road tax-So We
are told now. In the past we have
been led TO believe that the state in
come tax bill was destined TO remove
the personal property tax and the cash
and credit tax which at present only
hits hard the man with a stock OF
goods, unpaid book accounts or man
ufacturing plant which cannot be md
like a bank account in bank kept
IN another state, city or even IN the
local institutions.
There are not many objections TO
this plan of taxation, in fact there
have been not much objection TO other
forms of taxation which were heralded
as being in lieu Of" certain other
taxes. However, no one insofar as we
can learn, has ever heard OF any TAX
imposed which has been repealed by
the new measures passed. It was Just
another added to the long list OF taxes
and licenses We are compelled to pay
for existence from the cradle 10 the
grave We had a conversation with
a Wisconsin man recently who stated
that the income tax in that state, also
passed in lieu Of" certain other taxes,
had been most successful In driving
manufacturing institutions out OF the
state and into other states where there
were no income taxes. He also stated
that the other taxes which were TO be
replaced by the income measure, still
exist on the statutes and are being
enforced.
Thousands of institutions. cliques,
sects and organizations are barking at
the heels of the appropriations COM
uittees of the house for money
amounts far in excess OF what present
levies will produce. Other methods OF
raising money must be devised to keep
I'D with the constituency which de-
u,ands everything. Heretofore, when
extra money was needed, st. LOUIS
county and the mining industry was
expected to make it up and tax upon
tax has been piled on this county and
especially the mining industry. Now
that this industry has been MIXED to
the breaking point, the granger ele-
ment in the legislature is sorely per-
picked and is looking about for other
sources of revenue with which to ap-
pease the pie-counter boys. This in
lieu of prattle is the bunk"