Word: presents
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Dates: during 1900-1909
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...Berle, Jr., '13 was the third speaker and chose the affirmative for his argument. The present infairness to the French peasant could best be corrected by the income tax, yet this tax is felt much less by the rich man than by the poor man. There is an inequality of sacrifice. But the solution is that the rich man should be taxed more in proportion to his income. In this way the income tax would force the people to be perfectly honest. France's income would be increased and the national debt would be diminished. An income tax more nearly...
...fifth speaker was C. S. Collier '11, who upheld the affirmative side of the question. The equitable principle in taxation is the principle of equal sacrifice. With this in mind we may divide the question into three phases: (1) The intrinsic justice or injustice of the present system, (2) the intrinsic justice or injustice of the proposed system, and (3) the comparative efficiency of the proposed tax. The present system relies chiefly on the tariff, and is very heavy on the poor; the proposed tax is superior, as it falls on accumulated wealth. The income tax is especially adapted...
...Ehrmann '12 followed Collier. He upheld the affirmative side. The rent tax has degenerated into a marriage and children tax. Thus, in other ways, such as the door and window tax, the present system is inadequate and unjust. The new system has been tried out in England and has succeeded, and in almost all other European countries except France. This is the greatest argument in its favor. The income tax did not bring about the French Revolution. The French deputies, who are nearest the will of the people, voted for it at their last session. This seems abundant proof that...
...next speaker was A. D. Brigham '12 who chose the negative side. Theoretically the burden of taxation is distributed as equally by the present system of taxation as it would be by the Income Tax of 1903, but in practice the former is far the more equitable. If the tax-payer wishes to avoid taxation, he could easily do so by the income tax. This tax fines a man's income directly whereas the present tax (the "mobilier") taxes a man on the rental value of his dwellings; and it is easy for a collector to ascertain the number...
...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 out any more successfully than the present system...