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Show TAXATION IS NOT f WELL APPLIED. V t Our methods of taxation need re- J forming. Taxes are not equitably ap- plied uor properly spent. An author- Ity points out how the conflict in .jl . state laws works injustice at times. I i The inheritance tax on real estate ! is due in the state where located. ! ' Where personal property is owned ; in a foreign state it has been held to follow the residence of the owner. , But numerous states have held it sub- ' v ' ject to taxation in the state where ; located, thus subjecting the same ; ! property to double tax. The Federal inheritance tax would hit this proper- . ty in one state or the other, thus sub-I sub-I jecting it to triple taxation. There is an actual instance in which, railroad i stock of a decedent was subject to the tax in Wisconsin because that was the state of his residence; in Illinois, j ' because the stock was in a safety de- I posit box in Chicago; and in Utah, because the railroad company was a V- Utah corporation. In such a case a; .would a Federal tax levy a further contribution? , Under the guise of taxation for rev- ; : enue, our domestic business interests ' ! have been made to pay a large share ; , of the high cost of political govern- . ment. Patronage, political expedien-! expedien-! cy and so-called national needs, are '! the weapons through which millions of dollars in tax payments are annual- jl ly taken from our Industrial enter- ! prises. In this way American indus- ! try, which is of the people, by the Hi people and for the people, has been compelled to pay tribute to those who have been allowed so to abuse the legislative powers placed in their hands by a none too careful citizenry. oo |
