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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
Chicago Eagle
Location
Chicago, Illinois, United States of America
Date
Sep 28, 1907
Page
2
The piece urges action against the Tobacco and Standard Oil trusts, criticizes packers Armour and Swift over taxes, and calls for probing outside holdings. It questions Board of Review accountability, hints at a Chicago subway powered by Armour distribution, and notes public debate sparked by The Eagle.
The article argues taxes exceeding twenty million dollars are due from holders of stock in major outside corporations based in Chicago. It contends that common citizens pay taxes on investments while the rich evade them, questioning how long this double standard will continue.
The Chicago Eagle argues that foreign stock owned in Chicago by major corporations is escaping property tax. It cites Swift & Company and Armour as examples, estimating up to 20 million dollars in back taxes if five years of taxes are levied. The piece urges the Board of Review to collect taxes and fund firemen, teachers, lights, and streets.
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