The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1902-10-31

eQualiZed and Uniform throughout each
county. The legislature may by general
or special law authorize municipal cor
porations TIC 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 vaiua ton in such manner
as the legislature may prescribe. There
may be levied and collected an amman
tax upon franchises granted by pubic
authority, in addition to the tax on the
real property and other personal properly
OF the person or corporation holding sucn
franchise; or in lieu of a tax on sucn
franchise alone, or IN lieu OF tax on
such franchise and the personal properly
used in connection with the exercise OF
the same, there may be imposed sucn saa
upon the gross earnings Of the person
or corporation holding such franchise as
the legislature may determine; and salo
tax shall be apportioned between tne
state, counties and municipalities Wneae
such franchise is exercised. In the same
manner as real estate taxes are appor-
toned. There may be levied and COZ.
lected a transfer tax not to exceed y
above fixed and specified sum, when
tax may be uniform or graded OF pro-
gressive. There may be levied and COZ
lected a registry tax upon - real es.
tate mortgages which shall b. in lieu OF
all other taxes on the debt secured oy
such mortgages; and q tax upon the N
come from all credits owned by persons
or corporations, as such credits are now
or may be hereafter defined by law, anu
also on the income arising from all per-
sonal property, and also upon the lnco .Lo
of all persons or CORPORATIONS above the
sum of $1,000 per 9nnum, not arls lins
from such credits or from such personai
property, or from property otnerwiSo
taxed in this state. Such income tax
shall be uniform throughout the state.
and may. be graded or progressive y,
both. and shall be levied at a rate IT,
to exceed 10 per centum upon the incorne
from such credits, and upon the moons
from personal p operty, and at raSe
not exceeding 4 per centum upon such
other income. Laws Shall be passed Ia -
vided that credits and personal propeI.y
shall not be subject to other taXa .nJn
than the income or registry TAX HeIeLl
authorized, while the law lnposii IN ero S
income or registry tax shall pc N loi ,1S
provided, public burying grounos, pu ~
Tic schools, public hospitals, pupIS, +,aa
brary associations colleges, uniVeLS,.,rh
and all seminaries of learning, al cilun
es and church property used eXclus.vo.y
for religious purpo ;sS, and mSt.tuIIonS
of purely public charity, and pupilc pIo es
and personal property to an amount mt, mo- ~
exceeding $500 to each indiVlduai shall ~
exempt from taxation, but sucn personui
exemption shall not be allowed 70 , n,HIs
Provided further, that nothing IN TINS az
contained shall be construed to aIetc ct
modify or repeal any law proVluins 10 y,
the taxation OF the gross earnings VI
railroads.
The effect of the above amendment,
II adopted, win be to amend the e1-
fsting Constitution, as fohows'
1st. To proAibit 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 shaii
be sufficient to defray all the ex-
penses of the State, and the direct
tax levied for such purpose rs omit-
TED, taxes for local purposes shau
be levied upon the taxable properly
of the county, which shall ne equai
and uniform throughout the county
as distinguished from being equai
and uniform throughout the state.
3rd. To authorize mTlfcfpai cor
poratiOns to levy assessments Tor
local improvements under and pur-
suant to special, as distinSuished
from general. laws.
9TH The Legislature is authorized
TO provide for the levy and collec-
ton of an annual tax upon fran
chises granted by public author
fly. in addition to the tax on real
and personal property of the person
or corporation holding the same.
9Th, The Legislature is authorized
to provide a tax upon the gross
earnings OF any person or corpora
ton holding such franchise. con-
dftioned that such gross earnings
tax may be In lieu of a tax upon the
franchise or upon the franchise and
personal property as well.
9Th. Authority is conferred upon
the Legislature to provide Tor the
levy and collection of registry
tax upon all real estate mortgages
which shall be in lieu of all other
uyH n
mortgage.
nth The Legislature is authorized
te provide for a tax upon incomes
I'm excess of 81 200 per annum, not
arising from credits or personal
property or from property other
wise taxed I'm this State, and also
a tax upon the Income derived from
credits as well as from personal
property. Such tax shall be uniform
throughout the State and may DO
graded, or progressive. or both, and
shall be levied at n rate not to ex-
coed ten percentum upon incomes
derived from credits and personal
prope rty, and at a rate not exceed
ing four per cent per annum upon
such other Income. In case of the
imposition 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 In imposed is exempted
from all taxation while the law inn
posing such Income or registry tax
f. in force.
In other words, where an income
tax upon salaries or earnings of in-
dividuaIs 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-
sonal property or of registry tax
such credits and personal property
are exempted from taxation.
Sth. The Legislature ia 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 An force.
w. ID. DOUGLAS,
Attorney General.
LuIy Bird. A. d. 1902.