"Income tax" Quotes from Famous Books
 ... providing for a dividend at the rate of 6 L. 10s. per cent, the rest will stand at 3,035,838 L.. 18s. 11d. The court of directors, therefore, propose that a half-yearly dividend of interest and profits, to the amount of 6 L. 10s. per cent, without deduction on account of income tax, shall be made on the 10th of October next. That is the proposal I have now to lay before the general court; but as important events have occurred since we last met, I think it right I should briefly advert to them upon this occasion. A great strain has within the last few months ...
— Lombard Street: A Description of the Money Market • Walter Bagehot
... information, though for the most part we hold very emphatic opinions on the subject. I am quite certain that it may be laid down for a general rule that the Butler prefers indirect to direct taxation. He certainly would not reduce salt and customs duties to pave the way for an income tax. Neither would a Viceroy, perhaps, if he had to stay and reap the fruit of his works, instead of leaving that to his successor—but that is political reflection which has no business here. The Butler, I say, wisely prefers indirect taxation and prospers. How, then, are you to checkmate him? ...
— Behind the Bungalow • EHA
... Stamp Duty of 1842, which realised about L120,000 a year, were, it is true, equalised in the two countries, but for many years the system of special treatment was pursued. To Sir Robert Peel credit is due for having refused in 1842 to extend to Ireland the Income Tax, which he re-imposed in England, and for reducing the duty on Irish whiskey to its original figure by the remission of an additional 1s. per gallon which he ...
— Ireland and the Home Rule Movement • Michael F. J. McDonnell
... taxes and low prices; mild expostulations and gentle hints that they have been thrown over by their friends; Polish corn, Holstein cattle, and British income tax." ...
— Sybil - or the Two Nations • Benjamin Disraeli
... intended letter refers, (L150) was given him by the Wedgewoods. Thomas, by his will, settled his portion on Coleridge, for his life. Josiah withdrew his about three years ago. The half still remaining amounts, when the Income Tax is deducted, to L67 10s. That sum Mrs. C. receives at present, and it is all which she receives for supporting herself, her daughter, and the two boys at school:—the boys' expenses amounting to the whole. No part of Coleridge's embarrassment arises from his wife and children,—except that he ...
— Reminiscences of Samuel Taylor Coleridge and Robert Southey • Joseph Cottle
... no text; A rat is not a man, sir: With schedules, and with tax bills next We'll bury pious Van, sir. The slaves who loved the income Tax, We'll crush by scores, like mites, sir, And him, the wretch who freed the blacks, And ...
— The Miscellaneous Writings and Speeches of Lord Macaulay, Vol. 3. (of 4) • Thomas Babington Macaulay
... revenue from a tariff on imports and from an internal or excise tax. In addition to these there is every reason why, when next our system of taxation is revised, the National Government should impose a graduated inheritance tax, and, if possible, a graduated income tax. The man of great wealth owes a peculiar obligation to the State, because he derives special advantages from the mere existence of government. Not only should he recognize this obligation in the way he leads his daily ...
— Complete State of the Union Addresses from 1790 to the Present • Various
... wiser not to do anything of the sort. England should send them a good old-fashioned ultimatum, mobilise all the naval officers at the Embankment hotels, raise the income tax another sixpence, ...
— My Discovery of England • Stephen Leacock
... spirit of theirs, in order that their children might have the body after them. If they had no children, it would all come to Jon if he outlived them; and since June was fifty, and Holly nearly forty, it was considered in Lincoln's Inn Fields that but for the cruelty of income tax, young Jon would be as warm a man as his grandfather when he died. All this was nothing to Jon, and little enough to his mother. It was June who did everything needful for one who had left his affairs in perfect order. When she had gone, and those two ...
— Forsyte Saga • John Galsworthy
... Tilden exploited his war record, his reputation as a railroad wrecker, and his evasion of the income tax.[1525] The accusation of "railroad wrecking" was scarcely sustained, but his income tax was destined to bring him trouble. Nast kept his pencil busy. One cartoon, displaying Tilden emptying a large barrel of greenbacks into the ballot box, summed up the issues as follows: ...
— A Political History of the State of New York, Volumes 1-3 • DeAlva Stanwood Alexander
... in exact proportion to his means. To exempt the man who makes $500 a year and place the entire burden upon the man who earns $1,000 a year and upwards is to make of the first a political pauper. The graduated income tax, so-called is wrong to one class of citizens and an insult to the other. Let us tax all property once and only once; but let us see to it that unctuous old hypocrites like Rockefeller are not permitted to rob the public—that they do not build collegiate ...
— Volume 10 of Brann The Iconoclast • William Cowper Brann
... apart from its political significance, was an attempt made by the French people, in 1793 and 1794, in three different directions more or less akin to Socialism. It was, first, the equalization of fortunes, by means of an income tax and succession duties, both heavily progressive, as also by a direct confiscation of the land in order to sub-divide it, and by heavy war taxes levied upon the rich only. The second attempt was a sort of Municipal Communism as regards the consumption of some objects of first necessity, bought ...
— The Conquest of Bread • Peter Kropotkin
... discussion, which ended in overwhelming majorities for the government. As in the previous session, domestic affairs, except in their bearing on foreign policy, received comparatively little attention from parliament. The income tax was repealed, almost in silence, as the first fruits of peace, and Addington, as chancellor of the exchequer, delivered an emphatic eulogy on the sinking fund by means of which he calculated that in forty-five years the national debt, then amounting to L500,000,000, might ...
— The Political History of England - Vol XI - From Addington's Administration to the close of William - IV.'s Reign (1801-1837) • George Brodrick
... be, perhaps," responded his dragoman facetiously; "but no one can tell that from their words and manner, as you will presently see. These are special ones," he added, "and pay income tax, so that their judgment in matters of morality ...
— Another Sheaf • John Galsworthy
... now derived from the national income tax. The law at first exempted from it single persons whose income was less than $3000, and married persons whose income was less than $4000. As a result of the war, only those are now exempt whose incomes are less than $1000, if single, and $2000 if married, with an additional exemption for each dependent ...
— Community Civics and Rural Life • Arthur W. Dunn
... Lugur, "how much right a rich man has in his wealth. He has practically very little. The Poor Laws, the Sunday Laws, the School Laws, the Income Tax, and twenty other taxes that he must pay completely prevent him from doing as he likes with his own money. Rich men are only the stewards of the poor man. They have to provide him with bread, homes, roads, ships, railways, parks, music, ...
— The Measure of a Man • Amelia Edith Huddleston Barr
... trouble-ridden economy hampered by a pressured peso, a large external debt, nearly bankrupt state-owned enterprises, and a manufacturing sector hindered by daily power outages. In December, FERNANDEZ presented a bold economic reform package-including such reforms as the devaluation of the peso, income tax cuts, a 50% increase in sales taxes, reduced import tariffs, and increased gasoline prices-in an attempt to create a market-oriented economy that can compete internationally. Even though reforms are moving ahead at a slow pace, the economy ...
— The 1998 CIA World Factbook • United States. Central Intelligence Agency.
... President's party alone the credit of having recognized the new spirit of the people. Even before his election, his predecessor, Mr. Taft, had led the Republican party in its effort to make two amendments to the Constitution, one allowing an Income Tax, the other commanding the election of Senators by direct vote of the people. Both of these were assaults upon entrenched "Privilege." The Constitution had not been amended by peaceful means for over a century; yet both of these amendments were now put through easily.[1] This revolt against two of ...
— The Great Events by Famous Historians, Vol. 21 - The Recent Days (1910-1914) • Charles F. Horne, Editor
... very, very plain; and so I went out and hired another artist. By working on my vanity, the stranger had seduced me into declaring an income of two hundred and fourteen thousand dollars. By law, one thousand dollars of this was exempt from income tax—the only relief I could see, and it was only a drop in the ocean. At the legal five per cent., I must pay to the government the sum of ten thousand six hundred and fifty ...
— Innocents abroad • Mark Twain
... annual "Lump," the Income Tax, Still higher aye seems getting; The sooner that for it you "ax," The ...
— Punch, Or The London Charivari, Vol. 103, August 27, 1892 • Various
... the wall. You know that in one form or another in this country the democracy must rule. They felt the flame of inspiration when war came and they helped to win the war. What was their reward? The opulent portion of them were saddled with an enormous income tax and high prices of living through bad legislation, which made life a burden. The more poverty-stricken suffered sympathetically in exactly the same way. We won the war and we lost the peace. We fastened upon the shoulders of ...
— Nobody's Man • E. Phillips Oppenheim
... opened a splendid establishment at the fashionable summer resort of Saratoga, consisting of an immense hotel, ballrooms, and gambling-rooms, and is said to have a profit of two millions of dollars (about L400,000) during the season.(88) He is mentioned as one of those who pay the most income tax. ...
— The Gaming Table: Its Votaries and Victims - Volume I (of II) • Andrew Steinmetz
... side: they say that the rich Spaniards are making so much money they're buying up every cask of it and it will never be exported again. Just another illustration of the way that the war hits everybody alike.) But, as I was saying, I think if YOU were to raise a complaint about the income tax, you'd find the whole country—I mean all the men with incomes—behind you. I don't suppose they'd want you to mention their names. But they'd be BEHIND you, see? They'd all be there. (Will you try one of these Googoolias? They're the very best, but I guess we'll never see them again. They ...
— The Hohenzollerns in America - With the Bolsheviks in Berlin and other impossibilities • Stephen Leacock
... tax to the Government, bringing as it does over a billion a year, and a place to put this load is not to be found easily. The income tax does not have so malign an effect, for it comes to a great extent from the individual and not from business. The present method of income tax, however, has some weaknesses. The same levy is made upon earned incomes as upon those that are unearned. The tax on ...
— Herbert Hoover - The Man and His Work • Vernon Kellogg
... are rich in Finland according to English lights, but many are comfortably off. It would be almost impossible there to live beyond one's income, or to pretend to have more than is really the case, for when the returns are sent in for the income tax, the income of each individual is published. In January every year, in the Helsingfors newspapers, rows and rows of names appear, and opposite them the exact income of the owner. This does not ...
— Through Finland in Carts • Ethel Brilliana Alec-Tweedie
... often questioned in an indirect manner as to the amount of my income and the number of my briefs. I do not mean by the Income Tax Commissioners, but by private "authorities." I was often told how much I must be making. Sometimes it was said, "Oh, the Associates' Office verdict books show this and that." "Why, Hawkins, you must be making thirty ...
— The Reminiscences Of Sir Henry Hawkins (Baron Brampton) • Henry Hawkins Brampton
... coast, is a popular resort, attracting tourists to its casino and pleasant climate. The principality also is a major banking center and has successfully sought to diversify into services and small, high-value-added, nonpolluting industries. The state has no income tax and low business taxes and thrives as a tax haven both for individuals who have established residence and for foreign companies that have set up businesses and offices. The state retains monopolies in a number of sectors, including ...
— The 2008 CIA World Factbook • United States. Central Intelligence Agency.
... raw deal. Everybody's hammer is out for the poor slob of a judge. Well, not everybody's, of course. There are some real sportsmen left crawling on the surface of the earth. But the big majority pan him, all the way home; and then some of them roast him in print. The Income Tax man is a popular favorite, compared with a ...
— Further Adventures of Lad • Albert Payson Terhune
... obliged to repeal the income tax, as a bribe to the landed interest, upon whom it was considered to fall particularly heavy, although the removal of it was looked upon as a boon to every one who paid it. This was a peace offering, such as our present ministers appear determined not to bestow upon ...
— Memoirs of Henry Hunt, Esq. Volume 2 • Henry Hunt
... I'd nothing but an Inland Revenue Income Tax form. But I whipped it out of my breast pocket and trained my light on the royal arms at the top. That was enough for 'em. Then I shouted again in my parade voice, 'Right about face! ...
— Mr. Waddington of Wyck • May Sinclair
... or Welsh rarebit?" "Do you afflict yourself with reading the Tribune?" "Can you digest stewed lobster or apple-dumpling?" so that whenever a juror shall be found freed from dyspepsia, or to be a good sleeper, or a man who can digest even the new Tariff or the Income Tax, it is PUNCHINELLO'S opinion that such a juror will make a capital chap to listen complacently to lawyers, keep patience with witnesses, respect the judge, laugh at the crier, smile at the reporters, give "true deliverances," and contribute something toward redeeming our boasted ...
— Punchinello, Vol.1, No. 4, April 23, 1870 • Various
... passed by which were luxuries, things which only rich people bought, were heavily taxed, while the taxes on foodstuffs and wool, things which the poorest need, were made much lighter. These changes in the tariff brought in much less income for the government, and to make up for the loss an Income Tax was levied for the first time, everyone who had more than 4,000 dollars a year having to pay it. In this way again the burden of taxes was shifted from the poor to ...
— This Country Of Ours • H. E. Marshall Author: Henrietta Elizabeth Marshall
... will continue to dispense it, I fear, until the end of time. Whenever there is a "drive" on in New York to "mop up the place," prices soar to the skies, and the illicit trade waxes brisker than ever. No wonder the bootleggers grow happy—and rich; and evade the income tax which the rest ...
— Nonsenseorship • G. G. Putnam
... Subah forms by no means the whole of the royal revenue. On a great variety of occasions, besides the presents that every one must make on approaching the court, there is levied a Rajangka, which is a kind of income tax that extends to all ranks, and even to such of the sacred order as possess free lands. A Rajangka is levied at no fixed period, but according to the exigencies of the state; and many districts pay ...
— An Account of The Kingdom of Nepal • Fancis Buchanan Hamilton
... trade. If, without robbing anybody, one wished to produce property, it must be done by improving manufactures as a consequence of inventions. In one instance alone it bad been proved that a single invention had been the means of introducing twenty millions annually, upon which income tax was paid. ...
— Scientific American Supplement, No. 430, March 29, 1884 • Various
... I've a new argument every time he comes. And as for my daughters, they think me a lunatic—a stingy lunatic besides—because I won't give to their Red Cross shows and bazaars. I've nothing to give. The income tax gentlemen have taken ...
— Elizabeth's Campaign • Mrs. Humphry Ward
... must think over what news there is,' she writes in April, 1853. 'In the political world, the proposed new scheme of Property and Income Tax, which would make everybody pay something; and the proposal for paying off a portion of the National Debt with Australian gold. In the literary world, the International Copyright, which some expect will be in force in three months. In society ...
— Little Memoirs of the Nineteenth Century • George Paston |
