"Why, nothing," said the Idiot, "only I wonder what Smythe and his kind
are going to do when the income tax collector comes along and asks for
his little two per cent. of all this showy exterior. It will be a
terribly humiliating piece of business to confess that all this
ostentatious show of prosperity is nothing but an empty shell, and that
way down inside he is only an eighteen-karat, copper-fastened,
steel-riveted bluff; fact is, he'll have the dickens of a time making
the tax collectors believe it, and then he'll be face to face with a
federal indictment for trying to dodge his taxes. And that business of
dodging--that brings up another phase of this income tax that I don't
believe many of us realized when we were shouting for it as a means of
shackling Mr. Plute. Did you ever realize that it won't be very long
before the government, in order to get this income tax fixed right, will
have a lot of inspectors who will be delegated to do for you and me, and
all the rest of us, what the Custom House inspectors now do for
travelers returning from abroad? Every man and woman traveling upon the
seas of life, Mr. Bib, will be required to enter the port of taxation
and there submit a declaration of the contents of their boxes to the
tax inspectors, which will be followed, as in the case of the traveler
from abroad, by a complete overhauling of their effects by those same
inspectors. The tesselated pave of your safe deposit companies and banks
will look like the floor of an ocean steamship pier on the arrival of a
big liner, only instead of being snowed under by a mass of shirts,
trousers, Paris-made revelations in chiffons, silks, and brocades,
necklaces, tiaras, pearl ropes, snipped aigrettes, and snowy drifts of
indescribable, but in these free days no longer unmentionable, lingerie,
it will be piled high with steel bonds, New Haven deferred dividends,
sinking fund debenture certificates, government five eighths per cent.
bonds, certificates of deposit, miscellaneous stocks, mining,
industrial, railway, gilt-edged and wildcat, in one red unburial blent;
while the poor owner, fearful lest in the excitement of the ordeal he
may have neglected to mention some insignificant item of a million or
two in Standard Oil, will sit by and sweat as the inspector tears his
ruthless way through his accumulated stores for wealth."
"It will be almost enough to make a man sorry he's rich," said the
Doctor.
Public-domain text, read in full here on John Shaqi.
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