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Updated: June 8, 2025
Notwithstanding the immense increase in the value of taxable property, and in spite of the enormous sums paid into the State Treasury each year, there has been a material increase in the bonded debt of the State. In fact it has been necessary at different times to borrow money with which to pay the current expenses of the State Government.
This act provided for an additional tax of ten per cent. of the net profits received from the sale or distribution of the product of any establishment in which children under the age of fourteen years had been employed or permitted to work or children between the ages of fourteen and sixteen had been employed or permitted to work more than eight hours in any day or more than six days in any week or after the hour of 7 P.M. or before the hour of 6 A.M. during any portion of the taxable year.
Without this no bill to relieve the taxpayers would be worth proposing. The three measures already enacted leave our Government revenues where they are not oppressive. Exemptions, have been increased until 115,000,000 people make but 2,500,000 individual taxable returns, so that further reduction should be mainly for the purpose of removing inequalities.
It is usual to take the taxable value of the place to the Crown and to establish a comparison on that basis, but it is perhaps wiser, though almost as inconclusive, to consider each case, and all the elements of it separately, and to attempt, by a co-ordination of the different factors given to arrive at some sort of scale.
A poll tax of twenty-five cents on all taxable white polls was laid, and on every taxable negro poll fifty cents. Land was taxed at the rate of twenty-five cents a hundred acres, town lots one dollar; while a stud horse was taxed four dollars. Many Industries Established.
The active military force of the United States, as measured by our population, territorial area, and taxable wealth, is, and under any conceivable prospective conditions must continue to be, in time of peace so conspicuously less than that of the armed powers to whom the Czar's appeal is especially addressed that the question can have for us no practical importance save as marking an auspicious step toward the betterment of the condition of the modern peoples and the cultivation of peace and good will among them; but in this view it behooves us as a nation to lend countenance and aid to the beneficent project.
It is generally assumed that on the basis of the calculations made by the Financial Relations Commission in 1896, the present relative taxable capacity for Ireland would be about one-twenty-fifth that of the United Kingdom.
Above that point the entire income is taxable. A tax which provides for the exemption of $3,000 or $4,000 from every individual income places a formidable barrier in the way of a thoroughgoing application of assessment at the source. It is evident that with a universal exemption as high as this, a very large amount of tax withheld and collected at the source would ultimately have to be refunded.
That the highest estimate of the taxable capacity of Ireland arrived at by the Commissioners was one-twentieth, while the actual revenue contribution of Ireland was one-eleventh of the total for the United Kingdom, throws much light upon the social conditions of the smaller island.
I might have located fifty miles of the valley of the Clear Fork that winter, but it would have entailed some little expense, the land would then have been taxable, and I had the use of it without outlay or trouble. An event of great importance to the people of Texas occurred during the winter of 1873-74. The election the fall before ended in dispute, both great parties claiming the victory.
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