The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1902-03-14

20 OF article nine 90 OF the CONSTITUTION
as to read as follows:
The power of taxation shall never be
surrendered, suspended or contracted
away. The legislature shall provide for
an annual tax sufficient to defray the es-
timated ordinary expenses of the state
for each year, and whenever it shall hap
pen that such ordinary expenses of the
state for any year shall exceed the in
come of the state for such year, the
legislature shall at its next session. pro-
vide for levying a tax sufficient to pay
such deficiency. And when the income
of the state from other sources shall be
sufficient to defray all of it's ordinary ex-
penses without the levy of any annual
state tax such levy shall be omitted
All taxes to be raised in this state shall
be as nearly equal as may be, and shall
be levied and collected for public pur-
poses only, and all property on which
taxes are to be levied except as herein
otherwise provided, shall have a cash
valuation and shall be equalized and uni
form throughout the state; provided
that whenever the levy of tax for state
purposes is omitted as above provided,
the taxes levied for local purposes shall
be upon the valuation of the property
within the several counties and the SUBJ
divisions thereof, which shall be equal
lied and uniform throughout each coun-
ty; - , 90 -,
lected an annual tax upon all franchises
granted by the state, or by any subdivi-
sion thereof; or in lieu of such franchise
TAX, there may De imposed Sucn TAX up
on the gross earnings of the persons or
corporations holding such franchise as
the legislature may determine and SAID
tax shall be apportioned between the
state, county and municipality where the
business of such corporation is carried
on, in the same manner as the revenue
from real estate taxes in said county
and municipality are apportioned.
There may be levied and collected a
tax upon all inheritances, devises, be-
quests, legacies and gifts of every kind
nd 1T,e-1, tyNf; oh Cd a,,6 of-
fed sum, of any and all natural persons
or corporations, which tax, above such
exempted sum, may be uniform, or 1t
may be graded or progressive, but the
tax upon such inheritance, devise, be-
quest, legacy or gift, shall not exceed a
maximum tax of 5 per cent.
There may be levied and collected a
registry tax upon all real estate mort
cages which shall be in lieu of all other
taxes on the debt secured by such mort
cages. a tax upon all incomes from cred
it's owned by all persons or corporations
within the state as such credits are now
or may be hereafter defined by law, and
also upon income of all persons or cor
porations in this state above the sum
of one thousand dollars per annum, not
arising from such credits or from prop
erty otherwise taxed in this state. Such
income tax shall be uniform throughout
the state, and shall be levied at a rate
not to exceed 10 per centum upon the in
come from such credits, and at a rate
not exceeding per centum upon such
other income.
Laws shall be passed taxing all real
and personal property; provided, that the
credits above described shall not be sub
ject to other taxation that the income or
registry tax herein authorized, while the
law imposing such income or registry
tax shall be in force; provided, the pub
lie burying grounds, public schools, pub
lie hospitals, public library associations,
colleges, universities and all seminaries
of learning, all churches and church
property, used exclusively for religious
purposes, and institutions of purely pub
lie charity. and public property used ex-
clusively for public purposes. and per-
sonal property to an amount not exceed
ing three hundred dollars $4,000 of each
individual, shall be exempt from taxa
ton, but such personal exemption shall
not be allowed to more than one member
IF the same family.
Provided further that nothing in this
act contained shall be construed to af-
feet, modify or repeal any law providing
for the taxation of the gross earnings
Of railroads.
Tire ballots used at such election shall
have printed thereon the following:
Amendment to section one a., two %.
and three 90 of article nine 90 of the
constitution, providing for tax on mort
cages, the franchise of corporations and
upon the incomes of corporations and
of individuals in excess of the sum of
one thousand dollars Q,O0O per year.
In the house the bill extending the
time of the payment of seed grain loans
to NOV. 10, l9UZ, was passed.
Senator McCarthy's bill to secure tax
es on logs intended for shipment to Can
ada was also passed.
The committee on taxes and tax laws
recommended for indefinite postponement
the bill introduced by Mr.. Wells. which
provides for the taxation of wheat found
in elevators on May, 1.
The senate committee decided that the
bill taxing mortgages was unconstitu-
tional.
ST. Paul, March 10.-The constitution
al amendment bill passed the senate by
vote of 50 to 1. The only voice raised
against it was that of Senator Stockwell
He offered as a substitute the wide-open
amendment passed by the tax commits
sion This was defeated. q.
The passage of the senate bill for q
constitutional amendment was not re-
ported to the house until late Saturday
afternoon. ]. A. Peterson had prepared
to oppose the bill. He argued that it
was an injustice to tax incomes from
salaries and not tax other incomes. He
made his objections to the senate COM
mittee and another amendment was
agreed upon. 1t permits the legislature
to levy a tax on the income from all
personal property otherwise exempted.
These amendments were satisfactory to
the senator's who sat on the conference
committee and Mr.. Peterson prepared
them to offer in the house. The pros
poets are that if the house adopts them
the senate will concur.