| Show OF IS TOWARD SOCIALISM french ministry has new scheme of taxation which will place the burden upon the wealthy classes paris rim file government a new for taxi taxation tion introduced in tho the chamber of oc deputies on thursday created a gnat stir when it was made public after the closing of the house it enacted into a law it will luto a complete readjust ment of 0 the fiscal system tie the old door window poll and other direct taxes are to bo be ie lepla placed cej by a system based incomes laborers are practically exempted the tax upon incomes of over 1000 1 a year Is mado made up to 4 per tent cent 0 of the total even govern mont rentes excepting those held abroad only nominally escape the coupons themselves bing exempt but the levano bevi nue thre from being taxed bhea ft lien the total income of the holder exceeds the minli minimum nuin laid down lr frech endt savings are largely invested in rentes rented iho burdens placed upon foreign securities both private and constitutes a barly heavy blow to russian ties of which it la Is estimated that filin eight to ten tea milliards billiards milli ards aie held in franco france this now new income tax tat measure 1 la one of tho the radical reforms to which the clemenceau ministry committed itself upon assuming office it was flu omitted tor lor the approval appi oval of na M jaures jaurea the socialist loaded before the introduction in the chamber and while it la Is rec recopied olied mith unbounded joy by the socialists na as a proper shifting of the burden of tasa taxation tion to the riera of the tha idle rich it la is sure to enjo encounter unter intense opposition frow from the more aate republicans as ft ell eli as from the conservative par ties |
