Thursday, July 14, 2011

Today -100: July 14, 1911: Of taxation

The NYT is opposed to a constitutional amendment allowing a national income tax (the future 16th Amendment), which it considers, not without reason, an attempt by the rest of the country to screw New York (before the 16th, the Constitution specified that any direct taxes had to be apportioned among the states according to population). The Times quotes an unnamed Arkansas advocate of the amendment who says that for every dollar paid by Ark., NY would pay $1,000 and a NY assemblyman who believes NY would pay 1/6 of the amount raised by a national income tax. Such people assume that Congress would only tax the rich, of whom NY had (and has) rather more than Arkansas. The NY state Assembly disagreed, voting its support of the amendment by a bare majority.

Politically Correct Headline of the Day -100 (LA Times): “Chinks Head for the Border.” “Contraband” Chinese are arriving from Mexico.

Yes, I have started adding in a little coverage from the LAT, though probably without links.

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