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Show THE INCOME TAX. "We propose this evening to present some of the beauties of the income tax imnoRfid hv the "Wilson bill and we doubt if a stronger argument can be presented than the simple summing up of the proposed mulcting of some of the New York nabobs, lie it remembered that these same nabobs, all save George Gould, are bitterly opposed to Mr. Wilson's Wil-son's plan of raising revenue for the government. The reading will prove an object lesson for many of the weak followers of the party of trusts, corporations corpor-ations and robbers in the west, who dilligently sneeze when even a New York millionaire takes enuff. A tax of two per cent, on the incomes of New York millionaires will foot up the snug little sum of $2,000,000 per annum. Of course they will protest, kick and cavort ca-vort to escape this one dreadful penalty pen-alty of being abnormally and shamefully shame-fully rich. George Gould's income tax will amount to $16,000 only, because a greater part of the estate is invested so as to return no interest at all. This poor millionaire only receives $800,000 a year income, but a good slice of this is taken to sustain that part of the estate which pays nothing, so he could give up $16,000 and still manage to drink good healthy claret at his dinner din-ner and Emoke reasonably good cigar afterwards. Toor Russell Sage has an annual income of $2,000,000. Two per cent, on that handsome sum would go away up and Uncle Sam would find his income increase in exact ratio with the decrease in that of Uncle Russell. The Rockefellers with an income of $20,-000,000 $20,-000,000 would be caught hard, say for about $400,003. The pitying admirers ad-mirers Of the Rockefellers in Utah would shed bitter tears, enough to fill Utah lake, were their eastern friends to fall on a pathway as rocky as this proposed income tax would be. Poor Rockefeller, what a devil of a sweet scented financial martyr he would make. Chauncey Depew who has a salary of 8100.000 per year from the New York Central railroad would prove an eloquent elo-quent objector to the proposed law $2,000 would look pretty large to Chauncey were it taking flight from his pocket' into that of our venerated Uncle S, The Astors would be compelled com-pelled to contribute about $100,000 every year. About ten years would Eicken them unto death, Mrs. Hetty Green, the sad surviving relict of Dr. Norvin Green the Western Union king would have to contribute, - on this schedule, about $20,000 per year. We haven't the slightest fear that she is in favor nf thfi innomn tar. ITpr unrt. never are. Rut it would give TQk Dispatch the eincerest delight to hear her moanB as she pulled out her over-fat over-fat purse to satisfy the Levi Open1-shawof Open1-shawof New York, when ' be came there asking for that little tax balance. "Ward McAllester, the fine haired aristocrat, aris-tocrat, would pony up to the said Levi, $1,200. The Vanderbilts would deposit about $125,000 to the credit of that Eame patriotic fund. Even that would never cause The Dispatch to shed a tear of regret or pity. Richard Croker himself would put down about $2,000 per annum, and would probably feel that he had been unmercifully fleeced. It would make him grin, but not with satisfaction, we fear. Boss McKane even would contribute $1,000. Even that great philanthropist, the bald-headed bald-headed single taxer, Henry George, will pay $400 per year. This is not all, not a fourth of les ruiserables who would come under the provision, but we cannot find space to enumerate them all. Perhaps take all of this mass of wretchedness in the union, mass the incomes of all, and right here our good Uncle would re alize nearly enough to run the machine ma-chine without looking for a cent anywhere any-where else. On with the income measure. meas-ure. The west is for it, and will furnish her fair share of lambs for the sacrificial altars of tax reform. The poor wage workers, small traders and farmers would gather on Sunday afternoons after-noons and eing in chorus "Aint it Good." |