Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1901-08-30
MR.. FLOODS PLAN
or TAXATION GOOD
Its Workings IN APpomattOx
and Bvckngham.
Tie Buchir gham Times says /:

The Buchii CHAM Times says:
The interview of Congressman ID.
Ii. Flood, published in the Richmond
News of August 9th, in reference TO
the new scheme of taxation viii, b
will be pressed before the constitu-
tional convention, is attracting con
siderable notice from the press of the
State. We notice articles in several
papers approving this scheme. IN
an interview Mr.. Flood said in part.
1.-The plan is to practically relieve
the poodle of all state taxes upon real
and personal property. believe
that it can can be demonstrate that
these classes of property (resl and
personal estste) need only bear the
burden Of taxes for conty.u and city
or corporation purposes, AID not for
operating the State government.
This would do away with the neces
sity for boards of equalization and
spportio rlnent, aud all that sort OF
thing, and bring about the result that
personal property would bear its
Commensurate share of taxation with
real estate in county AMI city taxa
ton. 1t would result in greatly
reducing the taxation on these two
classes OF property, in many sections
it would reduce it one-half.
''By the proposed system Sl60O,-
600 would be taken from the reve-
nues of tue Commonwealth, and, in
order TO make up this. the towns and
cities would have TO sure nd-r their
right 20 tax railroads aud other cor
poration+ Without increasing the
tax upon these corporations there
would be an increase of between Fix
and eight hundred thousand dollars
il the revenues of the State. The
counties aud municipalit es would
also have to surrender the right to
impose License taxes upon the sale OF
liquor and upon all similar taxes"
We have taken the trouble to ex-
anime the scheme so far as it will
effect he equities OF Appomattox
and Buckingham, aud we give the
very satisfactory result OF our in.
vestigatiOn for the benefit of our
readers in these two counties.
For general county purposes, in,
GLIDING tho working of the roads,
paving interest on the public debt,
and setting aside large amount for
the sinking fund, our board of super
visors levies, in round numbers about
$4,000. The rate of taxation foi
county purposes to raise this amount
Is 65 cents on the 800 worth OF
property; so 6 1-2 cents on $I0(
worth OF property would raise 81 900
Appomattox county pays Ia the
State Of Virginia taxes upon It's rea
and personal property amounting t.
81 500, in round numbers. The coun
ty now receives for county purpose
from the railroad, telegraph and tel
ephone companies, and other corr o
rations, $4,000. Under the schem
outlined by Mr. Flood the $4,000 i
all that the comfy would lose, bu
the taxpayers would be relieved
under this plan. of the pay ment o
$4,000 to the State, ond for tbiI
$4,000 would only have to make al
for CO nty purposes $4,000, which
would be saving of $4,000 to tn
taxpayer.
Buckingham county pays to III
State of Virginia nearly $4,000. tn
county derives from it's tax on
railroads only $640. 1t is safe to 60,
that, under the new scheme, $9,0Ui
of the $10.O09 paid would be save,
to the coanty. Its rate of taxation j
AZ cents, aud by increasing it 10 5,
cents it would NEE. all local demand
on the county levy. This would rs
dnce the rate of taxation in tLs
county nearly one half.
The above estimates do no. en-
brace tue school tax which 10 l5 cent
in Appomattox and IL cents in Bucl
ingham.
Those who have looked into Nj
Floods suggestions think that the
are practicable, and that they ca
can be carried into effect. II this ca
be done, there will be no doubt abor
the pc ople ratifying the constitution
and the convention which franz,
annh O cnnafikntinn will have won