The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1891-06-05
THE TAX ON CORPORATlON6
Much Creator Under the New

Ao6 xAA VN CO8RO6AVlON
Much Greater Under the Nev
Law.
Indianapolis ssntinsl.1
II Attorney General Smith Was aske>
, what, II anything, be hsd 70 cay will
|. Preference 10 the Journal's observation
lon tho new tax law. That officer SCENE.
! quite resdy 10 express himself and dis
| 90 with much vigor. Among otbe
lthings he said:
u "Sincs the passage Of the new tax Law
which was approved March 9, 1891, th,
J Journal has labored to convince the pub
lie that corporations we're unduly T.
vored BY lie provisions, In that q &
them the taxes have been reduced
while % to the farming and laborine
Glasses they have been largely increased
and IL there wore no other evidence thai
/, they have been trying To mislead and
deceive the people about this matter, the
editorial columns Of their paper during
tho last three months afford ample proof
OF the fact. The Journal has stated o Z
fact that the taxes on corporations have
been reduced from 80 to 80 per cent. and
increased on other property at least 50
per cent.
Such position can only be attributed
7 to ignorance Of the Law or wilful dishon-
esty ia constituting it.
| It is stated IN to-dayS Journal that the
taxes on ex press, telegraph, telephone
and sleeping car companies were re-
duced by the oct OF March 8, 1891. from
so to 80 per cent below the rate fixed by
laws Of 1889.
| This is not true. assert that the laws
OF 1889 did not produce any revenue 70
T! the state worth naming, and that the act
of March 6, 1891, IL the only law ever
passed by The Legislature from which %
undisputed tax on the easnings Of cor
porstions may Be expected or realized.
The law OF 1891 not only tazes the
gross esrnings Of The corporations
named, but their tangible property q
we'll. Il NOT only taxes what these cor
! poratioue earn on buslnees origlnatinG
and terminating in lhis stats, but q
reachoO earniugS On buslnoos sxteudlnG
from 0lhof states Into this seato, and
( from this into and through other states.
! When ~ this done beforo3
| i will b uselul % compare the laws
lol 1859 With the lax law Of 1901. ] give
Tie following careful statement:
/ The ct Of March 3, 1859, coucerniuG
\ TAXATION Of express companies, fixed {
tax % 2 per cent. Of the gross earnings
lo6 ouch companies on business originA-
|tlng and terminasing II the state Of In
,Idiona.
4 Tslogrsphio companies we're required
'lby he Get Of March II, 1859, page $50. q
4 pay tax Of per cent on the groes
learulDgs o. Ill buslneso originating and
Il |lerml1ating in Indiana.
\ Telephone companies Were required
By the oct Of March II, 1880, page 397, q
!! pay tax o. per cent. on the gross
earnings originating and terminating 10
this state.
Sleeping cor companies were required
By Get Of March IL. 1889. page s90, "a
i pay tax OF 10 per cent. Of the grosl
eaTnings On business originating and
lterminsting 10 the state Of lndians.
j Seco. 50 and 50 Of the act Of March 8,
1891. provide thst telegraph end express
'Icompanies shull make and deliver TO the
laudltor Of state Z sworn statement show
ling tho entire receipts Of each agent IN
1.-THE state for the year ending April !, In
Icluding the proportion Of gr0ss receipts
'Iof such companies earned or charged
4 whether actually received or not. These
Isoclions do not couhne the company
liability to earuiugs on bueinese begun
land terminating il this state - the laW
Iof 1859 did, but on aDv business which
bee IL beginning Or ending 10 this state.
Ito illustrate the earnings on package
||or message from San Francieco 10 In
i Idisuspoli0 must b accounted for IN this
etate for the purpose Of taxation. Upon
\ these 0arniugs the company must pay 81
Ion every 600 OF gross receipts.
| BY Sec. 20 telephone companies or
lganized under the laws Of other states
and doing business in this stats. sre 70
quired 10 make similar report Of the
gross amount ofall their receipts 10 this
state; that is on all business done BY
such company between this and any
other state or exclusively within this
state. And upon such gross earnings
there shall be paid TO the state 26 cents
on each 600.
By Sec. II sleeping cor companies ere
required to report the gr0ss amount Of
their earnings within or without thIs
state, for money earned within THE
state; and In computing such gross re-
IceIpts, the same shall b 10 proportion
Iehat the distance Travelled IL this state
bears 20 the whole distance paid for.
That ID 70 say, that every sleeping car
hauled across Indiana must pay to this
state taxes on its gross earnings IN pro-
portion that the distance Travelled 10 this
state bears to the whole distance paid
for BY the passenger, and such com
panies shall pay . tax thereon 20 this
state IN the sum OF 81 on every 800 Of
gross receipts.
Express and telegraph companies must
comply with this law or forfeit 500 for
each day in default aftsr June ], end for.
felt their right 70 carry on business ~
this state until they do comply With The
law.
telephone conpanIss shall, % isllure
Ito comply, forfeit ol0 pr day. and
| sleeplue or companies o26 pr day. and
las ! further penalty nay forfeit The
lright 20 do buslueeo u this state. The
penalties are oevere end inoxorable.
Uudor tho provisions oe tho IaW Of