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Show er Incomes, from investments and not earned, are to pay a uniform tax of 1 Bhllling and 2 pence a pound, with Bpecial provisions for larger Income. The proposed super-tax upon large Incomes In-comes starts with those in excess of 125.000 a year and Is to bo levied at the rate of 6 pence on the pound, for each thousand pounds In excess of $15,000 a year. One special provision In the new budget which peeins fair and equitable proposes a rebate of $50 for each child under the ace of 16 years, this to apply; ap-ply; however, only, to incomes under $2,600 a year. ' s INCOME TAX. While tho senate Is debating the question of a federal Income tax, it Is Interesting to note, says the Seattle Post Intelligencer, the manner in R-hlch the now budget of tho present l British ministry Is treating this same 1 proposition. Should an income tax be finally determined upon by congress Os part of the new tariff law, It might be well to make its provisions correspond cor-respond In some degree with those of the British budget. The Income tax has always been a feature of the British taxing 6ystem. There has been long experience had in that country with the law, with Its possibilities of revenue ami with the difficulties had In its collection. Tho changes now proposed in the British law are based upon tho experiences of the past, and are also intended to make the law inoro equitable In Its operations.' The British law makes a sharp and equitable distinction between be-tween earned incomes and those which come from investments. Moreover, More-over, the tax is graduated, coming higher on tho larger incomes. Earned Earn-ed incomes up to 510,000 a year are under the new budget to pay a tax of 9 pence on the pound. Earned incomes in-comes up to ?16,000 a year are to pay ft tax ot a shilling on the pound. Oth- .1... ,,. , . m |