New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1849-11-19
City Taxation.

City Taxation
The tabular statement In our last Of the Annual
V.esiion Of Resl AID Personal Estate subject to
Taxation IN oar City invites to scrutiny and reheo
iion. II manifest that our system Of Vaustion
aud Asseumea, is radically unsound and vicious
Zach Wsrd elscts two citizens a. each municlpai
election ~ Assessors-thst IT, % Valae iis Properly
preliminary 10 the Appor,ionment Of Taxes IT'S
oI ,oyrse the ntersst Of the electors Of such Ward
% Rave their vsloation as low ss possible. for
in,ts nee, we presume the actual value oil toe rfo
oe-ty now held on this island including the ground
and buildings cannot be one irtnhg sno'' u
Five Hundred Millions Of Dollars, while the taxa
bic value 10 little over Two Hundred and Fifty
MIio,s The property which is valued In the tax
b.,, o, txo.thirds or more Of its actual value 10
paving more than it's fair proportion Of taxes, while
g gres. deal 10 paying nothing or far less thsn II
should During the last five years the ac'oh IN
cre,se 10 the va ue of property on thishsnd has not
been ies, than One Hundred Millions, yet the At
ssssors' valuation has only been increased some
Sixteen Millions II all the property were j1itly
vslusd--ths. is, estimated " be worth what It
would fetch a, Sheriff 6 ssls-our rate OF taxation
would be from 80 TO 20 cents on the hundred dol
lar. whilo il is now 100. The Water District
Lamp D..trict, Psvements, Or are every year ex
tended. but car taxable valuation does moi In
crease, 90 oar rate per cent. inevitably must
Our system must DO changed. lHstesd OF each
Ward choosing two Assessors 10 value lie own pre-
pc-iv. each Ward should choose but one, and TIE
whole eighteen shoald adjust the valuation OF all
property throughout the City. Every thing should
then be- appraised exactly at It's cash value. and
the rate q taxation established thereuPon This
would relieve many from irjustce and be every
way f.l,er and more truthful than the present sys-
TEN.
The valuation Of Personal Property, II will be
seen, has fallen of-nesrly Two Millions in the
Fiftee a,h Ward alone. And yet the personal pro-
perty owned by residents Of that Wnd has rather
increased than diminished. But men o. wealth ana
extensive business. who honestly ought to pay
from slOo 20 e. GOO each on their money loaned on
ruo-.e,se Va COR City, and their stocks IN our
B.nIs. Insarsace Companies. &c. theb goods on
sale or .aeir property invested IN manufactures
here. sud Il convenient 70 hey or hire place ont
Of the Citv. live Avsy daring the sumper months,
aud thus escape tsxs;ion. Perhaps they allow
Themselves to be taxed tenth as much as they
lsl.ni. bat that does not fulal their moral ob-
cation g. pay here and to Psy equally with Us who
renan here. 1t ia not right that any man should
invest h.s money and make biz Income here, yet
.ku'k The paymen, OF our tsxes Many a man 10
today paying sloo less Insurance on his goods or
product, because Of the Introduction Of the Ctoton
Wsier. yet dOdsing of to Jersey or Duechess in
Sammes to avoid paying bis share Of the interest
"a the eos, OF that introduction. Hundreds have
stores on streets lighted At public cost full of vsu
able goods protected from fire. from burglary, &c
by our Police aud our Fire Department while
they manage 10 escape tsYs;on on anything but
the bare walls which enclose their property. This
ismos, unjust, and like all evils tends steadily
from bad 10 worse. Every year more and more
OF our capitalists are lured out Of the City by the
facility of GLIDING their taxes, leaving tbs expense
70 bear harder and harder on the middling and
poorer classes whose Protrscted lsbors or stinted
incomes will not permit them - live out Of the
City Ifthis 10 not amended, City Property mus,
80 down, while portion OF her people, not the
mos, able are made to pay the taxes Justly due
from the whole.
We earnestly appeal 10 our new Legislature
seem TO derive benefit from this wrong together
send more Members than our City does aud mos,
Of these will vote and act against US Bot the
People Of tho Central and Western Counties have
40 such adverse interest, and we throw ourselves
upon their sense Of right Men who have made
their hundreds Of thousands here may freely con
ver their wealth into country estates and leave
u,. without complaint or remonstrsnee but Il
seep their property here, and even themseive'
spend their days In Keen competition with our re-
sidents, ye; evsde the payment Of oar tAxes-no'
on al they are worth, which &c do no1 ash but
on 60 much O, their property As they see ht to
Keep he-e-is 50 plainly uniast that We see not
hoS any impartial mind can reject our clam 70
Legislative relief
Judae WrtKat Reelected.
M .,luid IN undar.ts 4 hNx n /. that " N