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THE INCOME TAX.
The income tax was a graduated income tax beginning with persons having on income one thousand dollars a year and above what they laid out in improving their property. All persons whose income was less than one thousand dollars paid no income tax. The tax was one per cent. on one thousand dollars, the rate increasing with the amount of income up to fifty thousand dollars a year, when it was fifty per cent., leaving the owner twenty-five thousand dollars, and for all incomes over fifty thousand dollars a year the surplus over twenty-five thousand dollars went to the Government and as a result of this wise policy there were no Jay Goulds or J. D. Rockefellers in Eurasia. All money received from land and income taxes went into the District Fund for the expenses of the district and schools, and building and maintaining of good, macadamized roads, for every district had a rock crusher from which the roads were supplied with broken stone at a trifling expense to the district.