Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1866-07-17

Teal 80. ......... ~, ,3oo.3o
By comparing THE With ths rslusao Il
1854 il will b sssa that ~ Nstal N f.
1855 - given shove falls short ef thaa q
1854 BY sbout els. 900 and L d alss assss-
tanned shsa The grsss inesos sstsss es lee6
falls on about 90. .oee.
This de6eisncy eas vssy sassly - -
counted for II both Instances. LAa yer
thsss wses I've itsms Of inceos-shas II
Jesse Weller. 81, 500. and thss = nsssst
Sickels about el7 900, which Do sst eater
into the account Of 1895, bsth parties Nv
| ing removed from The city. Thsee two
items more than seesunt fss ths falling ID
in this quarter, bat not for the deficiency
in the tax item Of Z eis, 900. But sAis 10 sasi-
" accounted for in the iact that the tag Of
1868 was assessed On an entirely different
basis as far - tho farmers sss eonesessd.
Ia 1864 farmers we're assessed upon The
entire products Of their fasms-nss euly
upon what they raised fos market, but up.
on what they consumed in their ihailiss.-
The tax Of 1855 vas bassd upon The ruling
Of The Commissioner. that The estimated
value Of products consumed BY them q
their families should not b. included 10 -
timating their income. Upon this import
ant change in the basis Of assessment, The
Latsrnal Rerenus Record reuasks thas, rs
. matter Of principle there 10 no good rsaN
son why farmer should bs sxsmptsd "a
the amount, whatever Il might b, esssua.
Cd in support Of his family, when other eit.
izens who are compelled to purchase the
nscessaries Of life have 10 equivalent Do
duction." Under the ruling the farmer i
not taxed upon what be prodsees and uses
in his family. but It the same time gets the
benefit Of the $500 deduction for family
expenses. This is clearly unjust to these
who do mot raise produce; end this serves
TO account for the entire discrepancy 10 The
tax footings Of the two ysas, 1854 and
1896.
We think the Commissionsr should take
this matter once more under advisensns.
We have no objection whatsver 10 The sx>
emption - far - the farmer 10
concerned. in fact We believe Il 81
perfectly right, but the princi.
pie ought to be carried out By inessasing
the $500 exemption to 81 900 % fer 20
non producers ere concerned.
Referring again 70 the absve llguses ~
would state that the item Of licenses 10
handsomely increased sincs the report sse
the year 1884, which ssss V prove that
there has bssn On isersass 10 esssral tusi>
ness operations, - We all know. Another
reason fsr the decline In The inceoe returns
10 the decrease in valus Of ssspls gaods.-|
Though there wess aAay moro goods cold
in 1856 than 10 1894, there was lee aegre>
gate profit in consequence Of The decline in
their market value and when the return
Of 1866 10 made We shall deubllsss ~ Q
sill farther falling olfin The income Aeures,
though it is more than probable thst the
sales will bs largely increased. This will
continue to be the case until ths nsskets
become settled, which nay nss b licked
for until the country gets once more settled
down upon . permanent spssis base.-|
When that will bs We do not feel coopstent
to predict.
We should say that there sss ~ few
additions to be made to The abovs 6surso,
growing out Of the dslinqusst list Sens
parties have refused 70 make returns, which
compels the Assessor 70 do - for them.