Cutting the Gordian Knot

Cover Cutting the Gordian Knot
Cutting the Gordian Knot
Percy Daniels
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6. FEATURES OF THE BILL.
H. R. 6595 was the Graduated Property Tax Bill which I drew up in February, 1892, and Representative Clover introduced on the 27th of that month. The same bill was introduced in the Senate by Mr. Peffer, being bill No. 2615 of the Senate Series. It provides: First. For a tax of from one to eighteen per cent, per annum, on the property in excess of $1, 000, 000 owned by any one person.
Second. That the funds raised by it should be apportioned among the states; one-third
...in proportion to their wealth; one-third in pro- portion to their population; and one-third in proportion to their area.
Third. That the money should be expended (after paying from it the cost of assessment and collection) for three specific purposes, as follows: First: For paying the pensions and other war charges.
Second: For employing all idle labor on ex- tensive public improvements in every organ- ized county of the country, in building and improving roads, canals, reservoirs and parks.
Third: For paying all the expenses of the state military establishments.


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