The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1902-11-01

3equa1ized and uniform throughout each
county The legislature may by general
sporati ions to levy assessments for local
impr ovements5 upon the property fronting
upon such improvement or upon proper
Stys benefited # sthereb or both, without re-
as the legislature may prescribe, i't Thers
may be levied and collected an annual
taxsupon s 1lE graz ted by public.
authority; IN addition to The tax on the
real property and other personal property
of the person or corporation holding such
franchise. Of in lieu Of a 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,
Of the
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 T. 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,-
above a fixed and specified sum, which
tax may be uniform or graded or pro-,
gressive. There may be levied and col
!ected registry tax upon all real es-
all other taxes on the debt secured by
such mortgages; and tax upon the in
come from all credits owned by persons
or may be hereafter defined by law, and
also on the Income arising from all per-
scnai property, and also upon the income
of al persons rs ms or CORPORATIONS above the
sum OF $1,000 per annum, not arising
from such credits or from such personal
taxed IN this state. Such income TAX
and may be graded or progressive or
both, and shall be levied at a rate not
to exceed 10 per centum upon the income
from such credits, and upon the income
not exceeding pee centum upon such
other income. Laws shall be passed tax
ing all real and personal property; pro
shall not be subject to other taxation
than the income or registry tax herein
authorized. while the law imposing such
provided, public burying grounds, puo-
brary associations, colleges, universities
and all seminaries of learning, all church
es and church property used exclusively
for religious purpo ses and institutions
of purely public charity, and public prop
erty used exclusively for public purposes,
and eaaop to an sha
exempt from taxation, but such personal
exemption shall not be allowed~to more
than one member of the same family
Provided further, that nothing in this act
Contained shall be construed to affect,
modify or repeal any law providing 10.
the taxaticn Of the gross earnings OF
railroads.
The effect OF the above amendment,
If adopted, will be to amend the ex-
listing Constitution, as follows:
list. To prohibit the legislature
from surrendering Or contracting
away the power Of taxation.
End. To provide that whenever
the income of the State derived
other than from direct taxation up
on real and personal property shall
be sufficient to defray all the ex-
Denses of the State, and the direct
tax levied for such purpose is 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 ss:U ished from being equal
and uniform throughout the State.
3rd. To authorize municipal corr
porations to levy assessments for
local improvements under and pur-
suant to special, as distinguished
from general, laws.
18th. The Legislature is authorized
to provide for the levy and c0lIec-
tion Of an annual tax upon fran
chises granted by public author
ity, in addition to the tax ON real
and personal property of the person
OF corporation holding the same.
9Th. The Legislature is authorized
to provide Il tax upon the gross
earnings of any person OR corpora
ton holding such a franchise, con-
ditioned that such gross earnings
tax may he In lieu of Il tax upon the
franchise or uDoa the franchise and
personal property as we'll.
9th. Authority is conferred upon
the Legislature to provide for the
levy and collection of registry
tax upon all real estate mortgages
which shall be in lieu of all other
tax on the debt secured by such
mortgage.
9TH. The Legislature is authorized
to provide for tax upon incomes
In excess of 81 900 per annu1n, not
arising from credits or personal
property Or from property other
wise taxed in this State, and also
a tax upon the income derived from
credits as we'll from personal
property. SUCH tax shall be uniform
throughout the State and may be
graded, or progressive, Or both, and
shall be levied at Il rate not to ex-
coed ten percentusn upon incom .
derived from credits and personal
property, and at 81 rate not exceed
ing four per cent Per annum upon
such other income. In case of the
Imposition of the registry tax above
referred uto, 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 in
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 an income
tax upon salaries Or earnings of in
dividuals is provided for, I'LL Per-
sonal property and credits must still
be subjected to taxation, while III
case of the imposition of an income
tax arising from credits and per-
sonal property or of a registry tax
such credits and personal property
are exempted from taxation.
Sth. 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