American fiction -- 20th century; Divorce -- Fiction; Married people -- Fiction; Rich people -- Fiction
The banker in broaching the subject had uttered Gordon's name with
denunciatory clearness, so that Constance heard it distinctly. Her
spirit rose in protest at the condemning tone, and she paused in her
occupation to listen. As Mr. Howard proceeded she recognized the
character of his grievance. In the last letter Gordon had written her,
now more than a month previous, he had mentioned the fact that he was
interested in the success of what he termed the progressive legacy tax
bill, and she had closely followed its course in the legislature. She
knew that the committee to which it was referred had reported in its
favor by a majority of one; she had also gathered, from what she read
in the newspapers, that it was regarded as the most important public
measure of the session, and was to be hotly debated. While she sought
to smother her personal feelings, so that she might give due
consideration to Mr. Howard's argument, he paused, and Paul's voice
retorted:
"I mentioned the one hundred per cent. argument to Gordon Perry, and he
smiled at it. He said that so unreasonable and oppressive an extreme
was out of the question, and a mere bogy."
"Will he guarantee it?" demanded the banker sternly. "He cannot; he
can answer only for the legislative body of which he is a member. If
the present bill passes, why may not an Assembly twenty-five years
hence declare that the public good--meaning the necessary tax levy for
the expenses of an extravagant socialistic republic--demands that all
which any man dies possessed of in excess of half a million dollars
should, by the operation of a sliding scale of percentage, be
confiscated by the State?"
"But on the other hand is it really unjust to tax the estate of one,
who dies possessed of a fortune larger than is sufficient to satisfy
every craving of his heirs, considerably more in proportion than that
of the citizen of moderate means whose children need every dollar?
That is what Don Perry would answer. Moreover, this bill is tolerably
easy on the children of the rich, is rather more severe on brothers and
sisters than on lineal descendants, and so on through the family tree.
The people who inherit millions from a cousin are scarcely to be pitied
if the State steps in and takes a respectable slice."
"To hear you talk one would imagine you were a supporter of the
measure," said his father haughtily, recognizing Paul's proclivity to
take the opposite side of an argument, but evidently regarding the
subject as too serious for economic philandering.
Public-domain text, read in full here on John Shaqi.
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