Evening Republican, Volume 23, Number 161, Rensselaer, Jasper County, 6 July 1920 — OLD RESIDENT OF UNION TOWNSHIP PASSES AWAY [ARTICLE]

OLD RESIDENT OF UNION TOWNSHIP PASSES AWAY

Mrs. Elizabeth Carlin, wife of John Carlin and for a period of forty-one years a resident of Union township, passed away at the Jasper county hospital at three-thirty o’clock Saturday afternoon at the age of sixty-six years. Mrs. Carlin was taken to the hospital several weeks ago and on June 18 underwent an operation, from the effects of which she novar recovered. ’ The deceased is survived by her husband and three children, Mrs. John Lakin, of .North Judson; Urban Carlin, of Hammond and Mrs. J. E. Murphy, of this city: throe brothers, Stephen A. Brusnahan, of Parr; Thomas Brusnahan, of Gordon, Wis.; and another brother living somewhere in the west. Services were conducted by the Rev. Hillary'J. Doswald of St. Cy-» ril’s College, of Chicago, an old and intimate friend of the famfly, at St. Augustine’s church in tins city at nine o’clock this Tueoday morning and burial was made in Mt. Calvary cemetery. . ■ Twifit; a boy and a girl, were bom to Mr. and lus. John Walker of Barkley township Monday, they lived but a few hours. Burial was made in the Barkley cemetery this morning.

should be exit to the minimum that taxes might be reduced to a point where they would cease to curb productive energy. As the income of the individual must, in the last analysis, bear all the tavea, the laws should be revised so as to tax directly that income at rates which will raise the necessities of a minimum federal budget. This means that the taxes on corporations should be regaled} for a corporation is just a group of people, many of them of small means, who are being taxed unjustly through their share of their corporation’s profits being taxed at high rates. If the tax was placed on the entire income of every individual, then no income would escape taxation. None would be taxed more than once and it could all be taxed once and equitably. This ideal situation is now reached with respect to individuals in business and private individuals, also individuals conducting business in partnership. If corporations are permitted to retain a limited portion of their earnings for capital requirements, which seems necessary, practical difficulties make it seem unwise to tax the stockholders in general on these earnings which they do not actually receive. A graduated tax on the undistributed earnings of corporations would be the practical solution of the question and should be at rates that would encourage distribution of dividends. Should the business need additional capital and the stockholders so desire, reinvestment could be made after meeting the tax obligations.