New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-04-09
AT THE STATE CAPITAL:
STATE TAXATION.

THE TAX COMMISSIONERS REPORT IN FAVOR OF
THE PARTIAL ExghPTIoS Oh PERSONAL PROP
EgTY.
fyRox REGULAR coRRE5roSDySr or TUE IRIDuSEl
ALBANY, April 8.-The Governors Tax
Commission Is showing Industry. II IL apparent
tia, creation wise oct on the part Of cover
nor Cornell end the Legislature the mnltltudinous sus
eesons for laws all referred
by the JOINT Committee on Taxation 10 inc
Commission, wliien. having no othsr occupation
In Albany. can accomplish vastly moro
tnan any legislative COMMITTEES. They have sought
Tor information about property, real and persona IN al
tie cities and county-seats the state In this way
they have collected large OF statistics for their
guidance In selecting objects Of taNation. To-day they
submitted 10 the Jnnt Committee on Taxation report
signed BY the Hon. Joshua NJ Van Cot which y III part
as follows;
To tie Honorable ne Joiat Co~aiiet Of ne SsAate and
lie Tax Counsss!5n was asked by ron for rs advice
on TIE question wbeiher Both real and iersoua pro-
ertg, either AID which. should Ice allowed an cNmp
ton fOm assessment 10 The amount OF The owners III
dehieaDeSs.
We have long aud aExiausv enBsidered tbs question
The opinions 81 the IucnH-rs upon ~ have a'Hfe' anu
nuctnatej. Alter much ois'us~pn aud Win some hts
ial0n. We nave cone q Tue c0hiun 10 snEis' aEa"s
allowing the exemption 10 real poPert'; ana ~ favor OF
allowing the exstng exemption q rSr'"nA properly ."
Asamatter OF abstract reason. we thnk the existing
distinction between real and personal i uHnst hhas
however sxist'a fr many Ycais' n"9 lnttr nus ua
inay have Dseu SOM reason ~ policy Tor uHAins H.
Al that property relatively large ahu p'-
s9na small md u was ihen t1oufht polite 2hl tne9e
lust that chou res more heuLy Oh prrs0gl
than real ~ tAe ituarase rc14Ve increase OF per
sUnai that une that reahnu1ib lohgrr cAsts hAt
auotnrr reason Tor the d tncilr cS.s IN gu IL
lal ttnce, VIII the muc gTster variety A. Cnu-
pleXl estates Aud lDteroSia M land sn IA pr-oial
property. and t1r almost insup -rApe IN MY "a pos-
iOuIng the ~ mDIiOh for Indebtedness between ihe
yarIcUs estate. IN lai"ross whch rxst AZ thr sam
time IN the pro- efty. fpM difficulty was pr"0apy
Cnief reason. originally. Tor rtisluE ne exemption
to real property; aui u Is as applicable how es al toe
RAJ estate might he measur4 bly, relieved nv rendering
the usury law. inapplirthic 80 agreements between
moreasOrs aud mortgages - diVde. a. they thoAil
stipuate tire burden Of the TAX 90 tue AMI IN INA
way, what - now substantially cOuOie burden on IN
same vJlue Might be mngaieL
The people have besumc haotgated 20 the exemption
of sOua ana is sudden ano ou Nnuld excite gtteiA
hostility, auu even violent husiift III oonm'it ~
oca les wnere business u largely carried 0n on the
basis 4 credit. Ihe cnang" 'ud there operate or
pfcS-vciy and, W. fe n. dsas,r'usly
We tuust remember tnat. comp r1tivFly. TIE Umpire
STATE IL not largely WaHCac uiHs, ar predumlu4trN
un agricultural State. uni that she aud wiI con
ana foreign commerce. We need, tner,f fare. - maAc
with ion changes IL our system o. taxation mat
may greatly Of ct and SERIOUSLY enoAnctf ga coamoI
Hnd u'erc-t< w iraf that tue an st'h "
tie Xeupun OF personal pioJtrN To the amnant OF us
owners btedne>, would o. raughi Win great dis
trDanre d.ng-r 10 fhDS. classes 1nd In errsts
fected by Two cardinal chan-ct one Al eaiaErlo"nt %
the basis of AK ton. b. su'aol- LAX o.
prem, nsive and iud.cous rA1'e tax Nalcn
viii greatly reduce the rate o. taxation
Oh both real and personal proIcrtv Hud the other,
o. ent exsCu Ion ~ the - ste Nnich VII c"tuI
contributions against oytryu tsniJ hAbie 10 COZ
tnDute 10 the support 81 GJvecn aenL
When the eouten plated Legislation for widening Tue
tiuc wi! speedily come when the appaTrntY ui1uH us~
elimination bel ween zeal AID peT.onl prpVsr,y can
be slirv alto ished. The tax rae v tDen be ~ gGi
tnat both knd, oi property can ci-iy and chrcr'"y
bear their Just proportion OF toe pubic burdens.