Daily capital journal. (Salem, Oregon) 1903-1919, 1905-12-15

i
l2 per cent 70 10 per cent. and we have
abolished the per cent rebate. This
rebate is paid back to the wealthiest
class Of taxpayers, and the farmers
who pay their taxes in the fan get no
benefit from e. On the other hand tho
entire sum rcbatcd must generally be
included In the next levy and In the
end those able 10 pay must make good
the rebate allowed the wcllto.do tax.
payers
3. In the section that provided how
tho amount Of state taxes paid by each
county shall bc estimated. q is based
on current expenses excepting only ex
pcnsos fpr roads and bridges We have
added expenses Tor "couniy buildings
and repairs thereof" because q is
manifostly wrong IN policy 20 pcnalize
a county FOR its enterprise In erecting
or maintaining county buildings, such
as court houses, iails. in6rmarics. otc.
Z. We have adopted tho Illinois plan
Of requiring publication Of tho assess.
mont roll before Il is acted upon BY
tho county board Of equalization. Tho
emf reement Of this provision has 70.
suited In Increasing the total assess
mepis from 20 10 90 per cent In every
county, by bringing tho amount Of
property given In by each person 10
tho attention Of his neighbors and the
general public. Tho publication Is
now generally made after tho equal
Eaiion has been made and merely helps
those who are hiding property.
The publication win be made In the
newspaper In each county nearest the
property by precincts This law win
add 25 per cent 10 the tax rolls and
tho added property Is property now Is.
eaping assessment mostly personal
property.
8, We have raised the tax on the
gross premiums Of insurance companies
from 2 10 8 per cent, The Oregon tax |
on the gross receipts Of the insurance
companies Is more Of a tax on net earn
ings than gToss, on account Of certain
exemption, and We dnd that 20 states
collect a higher tax on insurance com
panies than Oregon
9, We have embodied the principles
Of the sonnemann bin (Gen, Ass. l9O5) |
leyying ! per cent tax on the gross
earnings Of express telegraph and
telephone companies, as We find this
TO be the law of other states, most
states collecting more than this bin
provided, but on account OF our state
being thinly populated and distances
greater the committee found per cent
10 be reasonable. II viii not affect
farmers mutual telephone lines,
z, This committee found il necessary |
10 revise the inheritance tax so that
Il will come nearer fulfilling the puT
pose for which it was intended, the pro
luction Of revenues from inheFitanees
We have provided that the state as
m interested party shall be represent
"a at the aPpraisement Of all estates
II over 10000 by the local attorney
II the state school hand board, and by
lbolishing all limitations so that all
leirs viii pay the small sum Of ] per
,ent on the amount Of property In
lerited. Heirs Of the second degree Of
,Onsanguinity pay per cent on the
AMOUNT inherited, and all others pay
per cent, including bodies corporate,
md for sums over $4,000 and as high
IS 100000 a graduated tax until 10
,er cent is reached. The intention Of
he committee being that the large
state that have enjoyed the unearn-
a increment attaching to all property
rom the development Of the entire
community shall pay their just share
f taxes to the state whose protection
hey have enjoyed.
s. We have adopted the Iowa Ia"
or the assessment and valuation Of
abroad property, by creating the gov
.rpor. secretary Of state and state
reasurer a state executive council and
irving them authority 70 ascertain and
Ietermine the value Of all railroad prop
,rtv n the state, based on reports Of
,arnings and other information required
,udsr the ruling Of the supreme court
n the jackson county ease
upaer this system q railroad is treat