Word: amounting
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Dates: during 1900-1909
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Students in good standing living at a very considerable distance, who will be granted an extension of time at the beginning of the recess, may learn the exact amount by petitioning the recorder. No other students are excused from any of their appointments...
...truth of this statement of Mill is illustrated in the experience of both the United States and England. In the United States at least 40 per cent. of the persons assessed, fail to pay any taxes on their revenue. The Parliamentary Commission of 1904 reported that an enormous amount of property escaped the tax. Thus Mill's statement that the income tax is unjust since it falls heaviest on the honest members of the state is proved by the experience of both the United States and England. Therefore, it cannot be supposed that it will distribute the burden of taxation...
...first speaker was E. J. Arnstine '13. The question is purely one of the practicality of the tax. If adopted, would the income tax work equitably? Both methods of imposing this tax are disastrous. The income declared would not be one-quarter of the usual amount. It would corrupt and demobilize the people as was done in England. The second method of obtaining the tax by assessors is obviously difficult. Would the freedom-loving Frenchmen submit to having their pockets searched? This was the cause of the French Revolution...
Arnstine was followed by E. L. Viets '11, who argued the negative side. In theory the tax is perfectly fair, but in practice it is most unjust. It would be difficult to ascertain the exact amount of a man's income, his debts and his salary. The fluctuations in a business man's salary would make it almost impossible to determine his income. In Germany, England and Switzerland it has been found to be most harmful, and would it be much better in France? The income tax has made a most conspicuous failure in America; would that same tax succeed...
...Judd '11 was the last speaker. He chose the negative side and delivered a logical and well-considered speech. We are indebted in proportion for the amount we receive. That tax is the most equitable which most closely shows the proportion of our indebtedness to the state. Now, property is protected by the state and therefore the most equitable tax is based on property. Such are the taxes now in force in France but the executive is not strong enough to enforce these taxes. The income tax, therefore, does not fulfill the question because it could not be carried...