The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1892-11-19

by the court OF appeals Of Mlrrlana as giyns
authority TO the legislature Ito make -sueh dis.
elimination and TO exempt anI species OF prop.
crty from taxation according 10 its views OF
pubic policy" Thus ibe legislature conferred
on the common council of Baltimore TO exempt
manufacturers plant from taxation, a power
libersly and benefcially exercised by-fhat
body. u nA
comes important to consider whether the exer-
else of the power Axoam be bendficial TO the
town, and If exercised what the effect would be
on the town revenues. $50 ~ D. 60.
= - 1a sf.W So. - -
But our present system is grossly unjustifn
that levy taxation. upon houses ani spend the
money so raised In .keeping.up and increas-
ing land value We take from those. whose
property. is DoStlyri in hogsas 70 spend for the
benefit of those who are, by Contrast land-own-
ers Every cent we raise We spehd in lighting,
grading, crawling and otherwise improving
streets in preserving order and in doing other
things which benefit the land values Of our
town by adding to the TOWNS attract iveness,
whereas the only way . house can be rendered
worth more thanits cost OF cons trucrepsis by
some improvement made. ~ the hbuAs Itself
We are, under our ~ sens. sysssm.si dfictinga
moral wrong none'tte iess scriohs by hot being
generally recognized. = tan s-ts = i,..s
Laying aside the question whether wrongdo-
| ing can ever bring about adequate compensa-
tory advantages, let us consider the argument
| referred to. - -
From our local tax of fifteen cents on the
hundred dollars there was payable last year 10
the town on a valuation for land and houses Of
$3.50, OF, the sum of s9035S. This year the as
sessed value of land exclusive yof improve
ments1 is fixed at 1869 70s. Levyihe upon this
at the increased rate now allowed Us Of twenty
five cents per hundred dollars, sow receipts
would be s9si.27 The treasurer informs US tn az
our roaa TAX reoare 10 De re'sI ,s co ,no
The result Of ali this will be tina, after excmp-
ton Of all improvements from taxation our re.
ceipts for the year will nevertheless exceed
lnose OF iast year % 80 :, rIr,,,sv liz,
have Increased after paving all taxes levied
upon them more than a quarter of . million.
The increase was brought about by the growth
OF the community as wnoie, anu ~, = resur y,
e e.n Sonse"tSe result Of Individual Industry
has steadily deteriorated in value. Shall we
levy taxation upon the thing OF individual crea'
non, which diminish es constantly IN vaiusuon,
ha s," 're ~ s. az conmuitv and which now
inures TO the benefit of a fcwi,'-
''Your committee seek mo reputation as
prophets, nor do they hazard any when tney
say say rn, ~ ahnlsn ssnat,ou. on.nopsts as II
wastue frst to abolish personal tnxess the re-
suls from dvery material point Of riew,will as
matter z course 3e o. the sresSes. posslDle
az ,hl,S H. soc n Great ruin and hayS the
fcouras ~ totoliow 1t. 80 q
We HONESTLY recommend that the board de.
duct and except from taxation az me improve,
- rne - ~ ad tSo
| Oohsioci aoie oi'eu'eio"
1913. :. .h ',,' 80 80. hn ~ "A
is sea AZ Etsa third ..so,rd.,
aens VI ;ss MI Ho os,S d rosn,,,.;on .ba,
tIn Isl ..1ad,,ot .rd 1000, from tho
ranort ~ .ha .ssassors ali assessmerts
80, 80. "a larr To- 81
o. 80 80 sion ,,non tbo reu,a;n;no
i"itt '"AuSS' vi '"i', 49,