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Show THE JUSTICE OF PROGRESSIVE TAXATION. Arguing that a man with a billion of dollars might, seat a party in .parliament or promote a revolution, the London Spectator .thinks a progressive Income tax might be av .proper check upon the accumulation of too large fortunes. ' The Idea Is .not new, out it is rood, While a man is entitled en-titled to his, own; at the same time the State lias a rjght to aelf protection. ' .'' . It would be almost possible for a dozen of the richest Americans with their money to corrupt and overthrow our I 'Government -That power ought not to exist We know of no- way of arresting that danger except through taxation.. taxa-tion.. .The man who has $1,000,000 requires for his prop-I prop-I erty a thousand times more protection than the man who has but' $1000, and he ought to pay for it He not only should par; a thousand times more taxes, but more than that amount, because the man with $1000 can carry that in his pocket, while the $1,000,000 has to be in plain sight and needs more careful guarding. Then as the amount increases above the $1,000,000, in .ninety cases out of a hundred, nothing. is gained to the owner but his pride of ownership, and if this is precious to him, then he should pay for it Board and clothes are about all that the average man gets in this world. True, there j are comforts in fine' nouses and luxurious appointments, .rare pictures, libraries, works of art etc, but the average rich ( man, to acquire his fortune, has not cultivated his ; finer, attributes; they lie dormant and undeveloped within : him. and so when he surrounds himself with luxuries, about : all that pleases him in their possession is the old plebeian ' pride of ownership. There is more to it It is the duty of the State to project pro-ject a man's life and property so far as possible. To do this the State must. have the means to do it Where is the expense ex-pense to come from, save from the men protected?. A (man Insures his house as a protection against fire. The I State has to protect him against a thousand things, has . 'to watch the railroads to see that they are kept safe to j travel over. It has to pay for sanitation to keep the man j healthy. It has to pay the police to guard him and teach-. era to educate his children, and a thousand other things. Well, a tax on his Income is only fair. And as that I income increases, the tax should be Increased until when that Income becomes but a burden to his flesh, and the care of it a menace to' his soul, the tax should be well-nigh , confiscation. And our belief is that it will come to about that pretty . .soon or the Socialists will take all value away from money and leave rich men the poorest in the land. v Either that or the anarchists will bring on chaos and make our country a "second Russia, for in point of fact God himself believes in a pretty even division and the universe itself is swung on an exact balance. |