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Show VIEWS OF HUGHES kt TOJHCOHE TAX Governor Favors Principle, lull Believes Federal Government Should Be Restricted. ALIJANY. X. v.. Jan. 5. fio ernor Hushes, In his annual message io th-i legislature today, dwelt at lenplh on the proposed constitutional amendment conferring con-ferring on the federal tcovcmmeiu (he power to lay and collect an Income tax "from whatever source derived" without with-out apportionment among the states according ac-cording to-population, and in conclusion, recommended (hat this amendment be not ratified. "I am In favor of conferring on (lie federal government the power -to lav and rolled Mich a tax." he said. "I believe that this power should he held by the federal government o as to propfrJv eoulp it with the means of meeting national na-tional exigencies. "Hut the power to tax Income' should not h Granted hi such terms as to subject sub-ject io federal taxation the Incomes derived de-rived from honda issued by the state Itself or those issued by municipnl governments gov-ernments organized tinder the staleVau-thorlJy. staleVau-thorlJy. "To place Lhe borrowing capaeitv of tne state and of its government agencies agen-cies at the mercy of the federal tax--Jiig power would be an impairment of the essential rights of the slate which, as it."? officer?, we are bound to defend." de-fend." The governor mgod an amendment lo anti-racing Jaws, penalizing the practice ! of book-malciiis, oven though no bets are recorded. |