The Cook County herald. [volume] (Grand Marais, Minn.) 1893-1909, 1902-10-11

euualized and uniform throughout each
may ~
porations TO levy assessments Tor local
improvements upon the property fronting
sup9n.sme1h " improvements, or upon proper
gard 80 a cash valuation, In such manner
as the legislature: may prescribe. There
may be levied and collected an annual
Ren IN aan e. 96s a 1y DuG eSs
real property and other personal property
OF the person or corporation holding such
franchise; Or IN lieu Of a tax on such
such franchise and the personal property
used In connection with the exercise or
the same, there may be imposed such tax
upon the gross earnings of the person
the legislature may determine; and said
tax shall be apportioned between the
state, counties and municipalities where
such Irancnlse Is exercised. in the same
manner az real estate taxes are appor-
toned. There may be levied and col
lected, q transfer tax not to exceed s
per centum upon the estates Of decedents,
tax may be uniform or graded or pro-
gressive. There may be levied and col
lected a registry tax upon all real es-
tate mortgages which shall be in lieu OF
e1A 0SAAS~ SNAS0 VII IAC uCUI oOCOIOU Ny
such mortgages; and a tax upon the in
come from all credits owned by persons
or corporations, as such credits are now
or may pc hereafter defined by law, and
also on the income arising from all per-
scnai property, and also upon the income
of all persons or corporations above the
sum OF q 600 per annum. not arising
taxed in this state. such income tax
shall be uniform throughout the state,
Snf Rs gr i'd or st"
to exceed 10 per centum upon the income
from such credits, and upon the income
from personal property, and at rate
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 taxation
authorized, while the law imposing such
income or registry tax shall be In force;
provided, public burying grounds, pub
lie schools: public hSspitas PUBLIC IL
and all seminaries of learning, all church
es and church property used exclusively
for religious purposes, and institutions
e4es efTS f pSbs
exceeding $500 to each individual shall be
exempt from taxation. but such personal
than one member s' Of the same family:
Provided further, that nothing in this act
contained shall be construed to anect.
modify or repeal any law providing foc
the taxat1cn OF the gross earnings Oh
The effect of the above amendment,
If adopted, will be to amend the ex-
listing Contribution, as follows
LIST. To prohibit the legislature
from surrendering or contracting
away the power of taxation.
C~>IH
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-
penses OF the ftate, and the direct
tax levied for such purpose Is omit
ted, taxes for local purposes shall
he levied upon the taxable property
of the county, which shall be equal
and uniform throughout the county
as dAsttnEu1shed from being equal
and uniform throughout the State.
3rd. To authorize municipal cor
to levy assessments for
local improvements under and pur-
suant to specia1, as distinguished
from general, laws.
4th. The Legislature is authorized
to provide for the levy and collec-
ton 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
9Th. The Legislature IL authorised
to provide a tax upon the gross
earnings of any person or corpora
ton holding. such q franchise, COM
ditioned that such gross earnings
tax may be In lieu of q tax upon the
franchise or upon the franchise and
personal property az we'll.
9Th. Authority is conferred upon
the Legislature to provide for the
tax upon all real estate mortgages
which shall be In lieu of all other
tax ON the debt secured by such
mortgage.
7th. The Legislature is authorized
to provide for a tax upon incomes
I'm excess of 81 900 per annum, not
arising from credits or personal
property or from property other
wise taxed i'm this State, and also
credits AZ we'll as from personal
property. Such tax shall be uniform
throughout the State and may be
graded, or progressive, or both, and
shall be levied at q rate not to ex-
coed ten pereentum upon incomes
derived from credits and personal
property, and ut 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 OF personal
property, all credits and personal
property owned by the party
against whom such registry or in
come tax IL imposed IL exempted
from all taxation while the law Inn
posing such income or registry tax
IL in force.
In other words, where an income
tax upon salaries or earnings of in
Ia provided for, all per-
sonal property and credits must still
he subjected to taxation, while in
case Of the imposition of an income
tax arising from credits and per-
s0nal property or. of . re&istry tax
such credits and personal property
are exempted from taxation.
8th. The Legislature IL authorised
to exempt personal property of each
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.
A.