Evening Republican, Volume 21, Number 42, Rensselaer, Jasper County, 20 February 1917 — Governor Goodrich Talks to Lafayette Business Men. [ARTICLE]

Governor Goodrich Talks to Lafayette Business Men.

James P. Goodrich, governor of Indiana, was greeted by a large crowd at the Walnut Room in the Fowler Hotel at Lafayette Monday night. The governor gave a talk in which he explained house bill No. 466, better known as the excise tax bill. This bill is 'being very bitterly opposed by a very large lobby from the corporations of the state. * Or. account of the good roads movement, Indiana must raise $1,800,000 more money than in former years. The governor believes the best way to raise this amount is to tax the income of the corporations of the state. Thirty-five states of the union now have corporation excise tax laws. In six of these states there are no state tax levies. He feels that every corporation is granted- certain privileges by the state for which it is right to levy a certain tax. Sixty-four percent of the present state tax is borne by the real estate and he felt that this should not be increased, but if possible it should be lowered. The governor has large corporate interests and was severely criticised before his election by many who felt that he would be prejudiced in their favor. He should know whether a tax of this kind would be just. The support or opposition to such a measure should be a matter of very careful consideration. Personally we feel that Governor Goodrich should be very capable to judge the merits of the same and if in the legislature we would support him in his earnest endeavor to reform th tax raising laws of the state.