The county record. [volume] (Kingstree, S.C.) 1885-1975, February 02, 1922, Image 2
" ' -
The Income Tax Bill.
(From the News ar.d Courier)
The Greenville News, which apparetly
favors the income tax legislation
now pending at Columbia says:
"The News and Courier, in discussing
the income tax bill a few days ago,
was inclined to believe that the law
would not be impartially enforced.
In a more recent, editorial on the
measure, however that paper declares
that the business interests of the
State do not seem io have taken the
proposition seriously as yet, and that
many feel that the law, if put on the
books, will be a f:.rcevas'the income
tax was before. Howeve\-, 'they will
find it no farce if the Senate follows
the lead of the House and adopts the
present measure,' the- Charleston paler
now asserts."
We infer from the foregoing that
The News has gathered the impression
that this newspaper has modified
its belief that the pending income tax
bill, if enacted into law, will not be
1 -* TU.V
I tuny suiu iui|Ktruoitjr cuiuilcu. nuo
is not the case. In warning the business
interests that they will find an
income tax law no farce The News
and Courier had in miud, not that
the law will be enforced thoroughly
and on all alike, but, on the other
hand, it was trying to make clear
lllMIMtMHMimmilH
I KINGSTREE H/
\ j Funeral Director
FIRST CLASS B!
;: Complete Line C<
!: Metal Vaults ai
Mr. L. J.
Has Charge of our
I and is throughly <
DAT OR
I; Day Phone No. 35
/
I Big
mijau
the fact that the brunt of an income
tax law in South Carolina may be
expected to fall on the corporations
of the State, the likelihood being that
the greater number of private citizens
liable under he law will not be
made to pay.
This view is based upon the belie!
that the machinery provided for the
enforcement of a State income ta>
would probably be inadequate and untrustworthy,
and upon the fact thai
the Federal returns for corporations
would be available to the State income
tax officers whereas the returnes ol
individuals would not be available
The impression seems to prevail thai
if a State income tax law is passed
all the South Carolina tax authorities
will have to do will be to go to the
Federal records, make a copy of them
and proceed to collect the State income
tax with the Federal figures
as a basis. Such an impression we
believe to be erroneous. Section 251
of the new income tax law of the
United States provides that, returns
upon which the tax has been determined
by the Commission shall constitute
public records, but says specifically
that "they shall be open tc
inspection only upon order of the
president and under rules and regulations
prescribed by the secretary
and approved by the president; proiRDWARE
CO.,
9 I
i
i
s and Embalmer I
[OTOR TTEARKE
i
>ffins and Caskets
id Burial Bobes.
Stackley
Undertaking Dept.
equipped to serve
NIGHT
' Night Phone No. 126
IHIIHMMIIIIIIIIlimni
n
DUSIIM
F1
insive
Ah
nesses i
portam
specific
increas
increas
ciously
investn
its exp
has pro
results.
i (vided, that the proper officers of any
> State imposing an income tax may,
i' upon the request of the governor
;; thereof, have access to the ,returns
j of any corporation, or to abstract
! thereof showing the name and income
of the corporation, at such times and
r in such manner as the secretary may
; prescribe."
; Nothing at all is said about allow
ing the State officers to have access
; to individual Federal returns. The
; Act does say that "the Commissioner
> shall, as soon as practicable in each
: year, cause to be prepared and made
. available to public inspection in such
: manner as he may determine, in the
1 office of the collector in each internal
; revenue district and in such places
> as he may determine, lists containing
, the names and the postoffice addresses
of all individuals making income tax
i returns would be of small value, and
i under the law the figures would not
r be available for individuals, but only
! the names.
; Surely it is clear to anybody who
is in the least familiar with law enforcement
methods in South Carolina
that what would happen if the pendi
ing income tax law is passed is that
! the corporations would have to pay
eviry cent they were due under the
' law while the only individual who
would pay as the law required would
be those whose consciences were suf
' ficiently active to cause them to do
> so. Such a law, so enforced, would
not be a fair law, but on the contrary
would be most unfair. Many industries
would groan under it, amongst
the first, we venture to think, the
cotton mill industry of the Piedmont
country. The biggest part of the tax
collected under this law in 1922 would
very likely come from the cotton mills
of Greenville and Spartanburg and
Anderson and the other Piedmont
counties. No doubt they can well
afford to pay and will be glad to do
so, but will they keep on being glad
year after year when the tax is made
heavier and heavier as it almost sure*
ly will be?
I
In Memoriam.
DENNIS?In sad but loving remembrance
of our darling child, Little
Bendie Dennis, age 9cvcn years,
who died one year ago today, Feb?
9.J 1Q01 *
f ruoijr 6UU)
I
J We have lost a much loved child,
> And our hearts with grief are sore.
* In vain we're always looking
J For the face we see no more.
p
' But he is with the Angels;
, I would not him recall.
? Where, before the throne of Heaven,
* Bendie is waiting for us all.
' Grandfather and Mother.
ssses (
ROM
a m
Adver
nost with
which hav
:e have b<
: sum for
ed the an
ed in pi
jm
spent for
lent. It 1
enditure.
yen itself
Try it c
Reforming Taxea.
While the Iclgislative session is still
young, enough has developed to insure
the people that there will be
a more equitable distribution of the
taxes?at least so far as the state's
part is concerned.' The present legislature
is not only concerned with economical
administration, but with a
complete reformation of the whole
machinery of tax collecting?a reformation
which will relieve to a large
extent those who are sorely pressed
and pass the burden on to shoulders
more abldfco bear it.
As has been pointed put in The
Dispatch-News from time to time, the
state taxes constitute by far the smallest
part of the sums paid over at the
treasurer's window. But even at tl^at
the cutting off of one-half to threefourths
of the state levy will be a
i
Taste is a matter
tobacco quality
We state it as our honest
belief that the tobaccos used
in Chesterfield are of finer
quality (and hence oH)etter
taste) than in any other
cigarette at the price.
Uggttt & Mjtrj Ttbaca Ca.
I
!
r
(
?
i
I i
i
i
!
i
i
jTOW
tising
out excel
M
e grown
jen those
aidvertisir
nount foi
oportion.
advertisin
* i .
Jllllgs 1CU
Newspa
the mosi
>n your bi
J
great help to many people in the
country. When this change in the
taxing system has been accomplished
the present general assembly will be
noted as the best friend the pooi
man ever had. If the well laid plana
now before the legislature are carried
out?and it seems that they will
be?the schools at which his children
receive their education will be kepi
in tact, the colleges where his sons
and daughters may receive higher
learning at nominal cost will be maintained,
adequate measures will be
taken for safeguarding his property,
for watching over his health and foi
the conduct of his government will
be taken; and yet the taxes whicb
he must pay will be substantially
reduced. At the same time the rate
of taxation on those who will have
to make up the ^deficiency will get
down when you get up. You car
>
At' i i
Cheste
. CIGAR
of Turkish and Doom.
i X*
>jh
\
I
I
/
Dtion, th<
to natior
that set i
ig. As b
advertir
*
Money
2 is a Dem
urns year
iper adve
product
jsiness!
#
-
i have tiie lower if wou pay higher.
> The upper is lower , than the lower ^
because it is higher. \lf you are willi
ing to go higher, it' will be lower.
"But the poor man; had fainted."?
i The Epworth Herald.
ATTENTION TOBACCO GROWERS.
i
:j Having arranged with your towns- gk
\ | man, Frank J. Rodgers to represent
I us again this year in your vicinity,
' we take this method of advising you
!! that we have in our warehouse, known
, as Scott Sectidh number seven, a lot '
of tobacco guano suitable for grow1
ing tobacco plants. We solicit your
i business. ?
F. S. ROYSTER GUANO CO.
i Adv.?1-19-tf.
The Mohammedans hold their Sabi
bath on Friday.
/ s !
L.
L f/i*
I
f t Vj
rfield
ETTES
Etc toboccn* blmdtd
%
; busi- ftj
lal 1m- |J
ipart a | | M
usiness J|
lg was 11.
7 judi- il!
no npnt il:
Liaxivii t *g? ,
s after !! !
:rtising |||
cive of 1| _