Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1902-10-09

Ol,
equalized and uniform throughout each
county. The legislature may by general
or special law authorize municipal cor
porations to levy assessments for local
improvements upon the property fronting
upon such improvements, or upon proper
ty benefited thereby, or both, without re-
gard 20 a cash valuation, in such manner
as the Legislature may prescribe. There
may be levied and collected an annual
tax upon franchises granted by pubic
authority, in addition to the tax on the
real property and other personal property
of the person or corporation holding sucn
franchise; or In lieu Of q tax on such
franchise alone, or IN lieu OF a tax on
such franchise and the personal property
used in connection with the exercise OF
the same. there may be imposed such tax
or corporation holding such franchise as
the legislature may determine; and SAID
tax shall be apportioned between the
state, counties and municipalities where
such franchise is exercised. in the same
manner as real estate taxes are appor-
toned. There may be levied and col
lected a transfer tax not to exceed .
per centum upon the estates OF decedents,
tax may be uniform or graded or pro
gressive. There may he levied and col
lected registry tax upon all real es-
tate mortgages which shall be in lieu Oh
such mortgages; and a tax upon the in
come from all credits owned by persons
or corporations, as such credits are now
Or may be hereafter defined by law, ana
also on the income arising from all per-
SOnal property, and also upon the income
of all persons Or corporations above the
sum of $1,000 per annum, not arlslng
from such credits or from such personal
property, or from property otherwise
taxed in this state. Such income tax
shall be uniform throughout the state,
and may. be graded or progressive OF
to exceed 10 per centum upon the income
from such credits, and upon the income
from personal property, and at rate
not exceeding per centum upon such
other income. Laws shall be passed tax
ing all real and personal property; pro
vided that credits and personal property
shall not be subject to other taxatlon
than the income or reslstry YAK ne, ,,an
while the law imposing sucn
income or registry tax shall be in force;
provided, public burying grounds, pub
lie schools. public hospitals, public II,
orary associations. colleges, onNers,. ah
and all seminaries of learning. all church
es and church property used exclusively
for religious purposes, and institutions
OF purely public charity, and public DROP
erty used exclusively for public purposes,
exceeding $500 to each individual shall be
exempt from taxation, but such personal
exemption shall not be allowed to more
han one member Of the n same in t 1a ast
modify or repeal any law providing for
the taxation Of the gross earnings ef
railroads.
The eject Of the above amendment,
IL adopted, will be to amend the ex-
listing Constitution, aa follows
LIST. To prohibit the Legislature
from surrendertng Or contracting
away the power of taxation.
End. To provide that whenever
the income Of the State derived
other than from direct taxation mp
on real and personal property shall
be sufficient to defray all the ex-
penses Of the State, and the direct
tax levied for such purpose IL omit
ted. taxes for local purposes shall
be levied upon the taxable. property
Of the county, which shall be equal
and uniform throughout the county
as distinguished from being equal
and uniform throughout the State.
3rd. To authorize municipal COR
to levy assessments for
local Improvements under and pur-
auant to special, as distinguished
from general. laws.
4th The Legislature is authorized
to provide for the levy and collec-
ton OF an annual tax upon franz
chises granted by public author
lty, In addition to the tax ON real
and pc rsOnal property of the person
or corporation holding the same.
5th. The Legislature IL authorised
to provide a tax upon the gross
earnings of any person or corpora
ton holding sach II franchise. con-
ditioned that such gross earnings
tax may he I'm lien of IL tax upon the
franchise or upon the franchise and
personal property as we'll.
9th. Authority Is conferred upon
the Legislature to provide for the
levy and collection of Il registry
tax upon AL real estate mortgages
" hitch shall be in lieu of all other
tax ON the debt secured by such
m ort gage.
7th. The LeGislature in authorized
to provide for a tax upon Incomes
In excess Of 81 900 per annum, not
arising from credit. Or personal
property or from property other
wise taxed i'm this State, and also
q tax upon the income derived from
credits an we'll IN from personal
property. Such tax shall he uniform
the State and may be
or progressive, or both, and
shall be levied at a rate not to ex-.
ceed ten percentum upon incomes
derived from credits and personal
property, and at a rate not exceed
Ing four per cent per annum upon
of the registry tax above
referred to. or of an income tax
arising from credits or personal
property, all credits and personal
property owned by the party
against whom such registry or i'm
come tax is imposed is exempted
from all taxation while the law i'm
posing such income or registry tax
Is in force.
In other words, where am income
tax upon salaries or earnings OF in
dividuals is provided for, all per-
sonal property and credits must still
be subjected to taxation, while In
case of the imposition of an income
tax arising from credits and per-
sonaI property or of a registry tax
such credits and personal property
are exempted from taxation.
Sti. The Legislature Is authorized
to exempt personal property of each
individual to the extent of $500,
provided the same shall not apply
or be allowed to more than one
member of the same family.
9th. Other provisions of the ex-
listing constitution involving the
subject Of taxation are preserved
and continued in force.
w. b. DOUGLAS,
Attorney General.