Recollections of Forty Years in the House, Senate and Cabinet: An Autobiography.Sherman, John
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Recollections of Forty Years in the House, Senate and Cabinet: An Autobiography.
Sherman, John
Sherman, John, 1823-1900; Statesmen -- United States -- Biography; United States -- Politics and government -- 19th century
The patience and even cheerfulness with which the people of the
United States submitted to this severe taxation on their domestic
productions, was a matter of surprise, not only among our own
people, but in European countries. In 1867, accompanied by Mr.
Adams, our minister to England, I had the pleasure of breakfasting
with Mr. Gladstone at his official residence, and he referred to
the ease with which we collected, without complaint, taxes so
burdensome as ours then were. He asked me if it was true that we
had collected $1,600,000 annually from a tax on matches. I told
him that we not only did so but that I had never heard a word of
complaint, and the quality of matches was vastly improved while
their price was actually reduced. He threw up his hands and said
that the people of England would not submit to such tax and if any
ministry would propose it, it would soon be out of power. Strange
to say an administration of which Mr. Gladstone was at the head
did subsequently propose such a tax, but it was so severely arraigned
that it was at once abandoned.
The income tax, varied somewhat in terms from year to year, continued
in force until 1870, when it was proposed to repeal it as no longer
necessary. By the terms of the then existing law it expired in
1872. I urged as strongly as I could its retention at least until
the time expired, but it was repealed. I then believed, and now
believe, that a moderate income tax, levied on all incomes above
the sum of $1,000, or above a sum that will supply the ordinary
wants of an average family in the United States with the necessaries
of life, should be levied, according to the exigencies of the public
service. In the present condition of affairs, I doubt the expediency
of such a tax, especially in view of the decision of the Supreme
Court of the United States recently rendered.
Public-domain text, read in full here on John Shaqi.
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