Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1932-08-18
THIS WEEK IS
COUNTY FAIR
Free Admission Will Swell
Crowd at Pine City
Aug. 19, 20.
Governor Olson, Congress-
man KnutSOn and Einar
Hoida1e Will Speak.

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This is the week of the Pine county
fair to be held at Pine City and
everything is in readiness to accom-
modate large crowd, says Secretary
w. S. McEachern. Thursday is entry
day and Friday and Saturday, Aug.
10 and 20, show days.
The chief executive of the state
Governor Floyd B. Olson, will speak
before the grandstand at $3.50 p. m
on Friday. Congressman Harold
Knutson of the Sixth district, will
speak Friday evening at $3.50 and
Einar Hoidale, Democratic candidate
for Congress, will speak Saturday aft
ernoon at $3.50. This gives the fair
patrons the opportunity to hear one
candidate for public office from each
of the three political parties of the
state.
Wants Income Tax.
Speaking before the Farmer-Labor
state convention in st. Paul last
March Governor Olson said that the
biggest tax issue in this campaign
will be the income tax. From the
Republican platform the governor
read the following:
1.-THE Republican party realizes that
there is danger that the income tax
may be made the means of adding to
the burdens of the people"
Going on the governor said: well,
1 can tell you, as you we'll know, that
the Republican hierarchy, the men
who run the Republican party, the
men who are answerable to the chain
banks and their kindred and affiliates
in these cities, realize that there is
danger that the income tax may be
the means of adding to the burdens
of the people. What people? That
is the question. What people? OF
Of the rich. There is no concealment
about that because this income tax
if it becomes a part of the Constitu-
tion of Minnesota, when it is to be
put into Legislative and legal form,
must not only be a replacement tax,
but it must be the means of shifting
the burden of taxation from those
least able to pay to those most able
to pay"
Promises of Veto.
Continuing his remarks on the in
come tax at the convention Governor
Olson said: "And can say to the peo-
pie of Minnesota that l will veto any
income tax bill passed by the Legisla--
ture that is not replacement tax,
| nd T yxyfn oil yn%o in fox>
bill passed by the Legislature which
doe not shift the burden of taxation
from those who are unable to pay to
those able to pay. How shall we
shift this tax burden? We can shift
it and shall shift it by reducing the
taxes upon real estate, or as known
in the law, general property. We
can do that by the income tax and
we can make the income tax a re-
placement tax and a shifting of the
burden. One of the best cures for
the economic inequalities and iniqui-
ties that exist in this country is the,
intelligent use of the taxing power
a power that is enherent in every
government. You can use this tax
ing power and use it intelligently to-
break up this concentration OF
wealth. Not to divide up among all
II have no desire to take away
from one man in order to give to an
other. But I believe that the more
you own, the more protection is re-
quired from the government to en-
able you to have and to hold that.
which you own, and the more the
protection the government must give
you, the more you should pay in the
form OF taxes-that is equitable.
And if we cannot change this CAPT.
tal1stic system SO as to prevent the
accumulation of large fortunes and
the consequent distress and misery
OF the many, then we will tax these,
large fortunes away and spend them
in governmental enterprises for the
benefit of the masses of the people.
A Replacement Tax.
There are various plans for max
ing the income tax replacement tax
and for the shifting of the burden.
With the collaboration of the Tax
Commission of Minnesota l worked
out plan which 1 shall submit to
the people. There may be better
plans. Better plans undoubtedly will
develop in the session, but for the
purpose of discussion to bring the
subject up, have recommended that
an income tax law be passed and
that the moneys collected be used to
take the place of or to replace part
of the tax upon homesteads in Min
nesota. About one-third of the real
estate in Minnesota subject to taxa
ton is homestead property. Assum-
ing that the total tax levy upon gen.
eral property is somewhere between
120 and 1870 million, one-third of that