Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1880-11-26

THE wAy3 AID MEANS COMMITTEE TAX ELL
Hon. John B. Page, chairman OF the ways
and means committee of the House OF Kepre-
sentatiyes, publishes 4 letter defending Inc
proposed newtax bill reported from that cohi-
mittce, already given, in substance, III these
columns. With the premise that the genera
provisions of the act, though new IN lhis
State. have been adopted in quite NUMBER
of other States. and are founded upon the
statutes of Massachusetts, New Hampshire
Connecticut, Maryland and Michigan, while
some Of MS provisions may he found IN the
laws of quite a number Of other States, Gov
Page says the aim of the bill is to reach all
classes of personal estate, including bank anu
other stocks, moriga money IN hand ETC.
imposing upon all uniform tax of one per
cent, PAYABLE to the State There is also I'M
posed special tax upon foreign insurance,
telegraph and express companies, based upon
their gross revenues, and upon the gross re-
ccipts of all railroad companies. This latter
is Il special tax of two per cent upon the re-
ccipts not exceeding -, 600 per mile of main
line actually operated three per cent where
the receipts exceed $4,000 per mile, This Is
=" ~" VI ~. .-,. g no..
~ - ,,a ,a,,or r.,l est,,e
''"' 'o''' VIM
TO he taxed in the towns where
Is H'''''' '"0
es'''''' '"' ''> :.
~ 1as,,1,
premiums anu -
III rc'u'ii' "e'iiS p'"''''u " "
9-'ooo anu ''''' WI 'Ai'.s' anu OPP.
o"Dn.'a''''' ''"'. pei ''"' VA ~ ,na
'7''Voo' -'' " ''''
sl''fes ''ie SCI Ill '''e ''S' III u, .'"'
'hc ooii'''"'''n 10 ''N"'ou tt,
Ill 'iion'S' anu '''e 'pf'''''' 20
''' 'i''.'' VI .'N"
nrer' VINO ieVies laA oi one per 'c'''' " oe
iai'' ui'e't " ,'',n ~ '''ei W. .a,
i'ss' '''iN' '''''' '"''
o"e-'i''i "a ''' II a,
oa,,,, ~ tho oocumul,tions dcduciino the
.n,,,o 6s ,,,o ro., estate and bonds eyempt
from, ,ax,,;or Owned bv the hank
Rords and al ovi,lonces Of corporotion debt
arc T., me faxed one per cent and all money
or nersonal nronerly not taxed as aforesaid
,;,., ,,- ,ho Iio,ors of ;,s tru,.
Is 10 DC appraiser ny '"' ii''''' az 10 49,
yaluc The sceCtmCn issue rate bill! to
.,.;,,
collect, and the towns are made responsible
,,- os oro nor cent to ho Maid tn thc
ioi INT '"N VI van p
State Treasurer
~ an ,,,a. ,,o
Section 4O Of the Dill provinces that lhe
,,,rr,,,, of tho onount of tayes maid into the
surplus Oh inc amount vi ''Ne' pau INV 'Ne
State Treasury each year. over anu ABOVE
the appropriations made for that year. IS 10
ho distributed 10 the towns in proportion
- a., -, .,,o,o IN tho lie, of e.cb ,owp
10 INT personal es', IL NV NO. -, ~
This provision, II Is believed, VIII pe an H.
centivc to the listers TO be diligent in the dis
char.ra e their dn,ies tba, the list of their
Town ihaS iiiciu'4e al 'ii' pe' ''''''0
ject 10 taxation, 10 the end that tGey may re-
c.iyc rs LARGE share of the surplus rs pos
s;,1,
Coy Pace then goes on to point out the
Al, $500.
great dlminutioh year Dy year III tue aihouh'
e .., ..,a,,o,.,- % roJ o,J tho n,otboda
,,,;o :, oro;doJ orJ tho
900, o0,,,o o,d ho fur
l's"es 'hr ioiio"i"s ''a''' .,,.,.,o
beng per cent OF the real and per
soma ~ eS saes ann an g I S,Is ON ns lis.
would raise --............... -. - oc no. %
people Of this State are paving annually
III 'a ,h,s ,n,o,n, un,., Tho nrasant svs
~, TEN, the real estate will pay --s AZ y! 3!
The poils 2s3 800 90
The real estate pays nearly five times as
much as the personal property, and the
pois a.'''o'' - ii,"' " ,oGo,o ,1 ,ha Iii,
under consideration will raise upon the
personal estate, included the tax on