Democratic Sentinel, Volume 18, Number 5, Rensselaer, Jasper County, 16 February 1894 — FATHER OF THE INCOME TAX. [ARTICLE+ILLUSTRATION]
FATHER OF THE INCOME TAX.
What Congressman Hall Says In Regard to His BUI. Of all the men in Congress none probably have a clearer view of the income tax proposition than Represen-
tative Hall, o f Missouri. He has made the subiect the study of years and is the father of the income tax bill in this Congress. In a rec e n t letter Mr. Hall said: I have before me an estimate of a num-' be r of persons and business firms residing in
New York, Philadelphia, Boston and Chicago who drew incomes to the amount of 250,000 a year. This estimate placed the number at 12,000. See the immense income that would be derived from this source. A writer in the Forum divides the people of our Government into three classes the rich being 182,090 families, their wealth being $43,367,000,000 averaging per family $238,135; the middle class he estimates at 1,200,000, owning wealth to the amount of $7,500,000, or an average of $6,2(0 per family, and the last he names as the working class, composed of 11,620,000 families, owning wealth to the amount of $11,215,000,000, averaging $968 per family, and under the present system of indirect taxation the 11,620.000 families averaging $968 to the family, and who represent the great laboring mass of this Government, pay 90 per cent, of the governmental tax, while the 182,090 families that average $238,135 a family do not pay more than 3 per cent, of'the governmental revenue.” PEGGS, horse thief, escaped from the State prison at Columbus, Ohio.
U. S. HALL.
