Show POOR POPULISTS I 1 their pet income tax bill proves a boomerang blasted and tyrant landlord exempt whilo the merchant blust payi chicago april 6 A special dispatch to the tribune from washington D C eave the united states court in the income tax case has reversed the decision of the lower court but the income tax law a whole ie upheld but by the divided court two important portions of the law however have beau decided to be unconstitutional and they are serious as to affect materially not only the revenues of the the estimation in the income tax will be held bv the people under tho decision to be handed down by the court it is eaid all incomes derived from rente are exempted from taxation by the government and all incomes derived from the state and municipal bonds are exempted in other respects the income tax law stands ae it was last august but the result of the consultations in the court shows very conclusively that the law can easily be picked to pieces provided tibits are brought to contest each particular point as it comes up it is a curious tact but none the less true that the law which was passed at the dictation of the wing of the democratic congress has been distorted by the decision of the united states court and on constitutional profunda in a way that it will absolutely sol protect the afasa of capitalists most offensive to the element the landlords of the country will pay no income tax the owners of bonds of al isott any kind either federal staler county or municipal will also bo free while the husi nesa man the manufacturer and the salaried employed will for the present at least bo compelled to contribute to the treasury of the united states government two per cent of a in excess of per annum abe jerst meeting of tho court held march 16 two days after the condne ion of the arguments but no decision was arrived at and it was not until march 30 that they succeeded in agreeing upon the outlines of a decision coving tho opinion ol 01 tho lower court |