The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1906-10-12

public rurpose. shall be exempt FROM tax
alton. and there may be e-se.Apled TON
taxation personnel property nos eNceealns
in value 500 for each household. Mol-
vidual or Eoad OF n family, as the le3ls-
laturc may determine: Provided, ina,
the legislature may authoN4e h(lIllclPa
corporations to levy and collect assess
mcnts for local improvements upon prop
erty benefited thereby without REGARD 60
a cash valuation, and provided IUr ,
that nothing herei1 contained sna rnne al
any existing law providing Tor We =" ~ :,
ton of The gross e9rnin3s OF falifo'os'
The purpose and eject OF ms
"a ntensinent yyoutd be to greatly sn-
large the power of the leg '"r,
with references to thc suisse
tnxation. Section one % az II no"
stands uruv:t;c" that ;.ii t't 80 mn
posed Shall he cguai---sH aNNr - "''y
be-oa ali for,ls az property anu an
nronarty ,,r,u which Al tax is i'm
uoxca l.. r.oui-cs5 to nave II y ASH
VNg.UAYION cGaaIizcd fhrocgh""'
the state.
Section two :;s il NOW stands re-
CURES the Legislators TO icNE 'he
peccsSary tuxcN annually to Gefrn!
the evperses oC the state ihat ~
the duty OF tisc legislature "itHc"'
uuy constitutions direction.
sector, three rs ii ROW stands pre-
viIes that, all real and personal
property. Including taoaf-s - :. Il ~,
ms and TNNEST3tEETS IN boSD'
AND STOCKS. shall be :'s$c'EcH a'-
cor,sing to their true value IN
money.
section four rs Ii now stands pro-
yidcs tI,at property employed ia
banking s:,nIi be suhjccf 10 - 'aN
equal 10 that imposed Oh ".He
property. This is only u fepst''i""
of the .ccu'ircments Of Sections enc
MT
would ciaim ti,at b;smit1nS cs"hs''
should be exempt fr0Rsi taInfioa'
Section scy cl:te@u as IL nsiSt stihoS
il. not easy TO untlersta md, hut "a " as
intended by that scctIon TO fei'S'c
fron, the operation of sections ""o
an,, three. above aHote"' p4..;
OF the classes therein enunlcFa'ea.
so tl,,t "a :.roas e::rniDsS. tex c3uii
bc .>uuIt@;i thereto instead o. cifecs
i taxpti0n.
Qtvina to the provisions Of see
tom. one, and three OF t.e pfe>~@"'
Constitytion many ;;;nchu
were from time to tiEsc :sddca no %"
70 ncrD,tt taxes to t,c Imposed on
suecs(ie kinds Of property "theF-g
WISE, tH2y: IiNGS :. cslN! FNiG'etioii
cnT.ai5zes! throughout TAG state. We
have among these exceptions" f:ii
read gross carainGs ta&e&i i,s
mai Erontaac taxes: inhcTifHnce
authorized ~ said section seven
teen.
several c.xempt:ous from taxation
arc nIas, rroytsiea for, but as these
excutDtiona are not changed hY tnc
prGp9sed amendment Wti iAa sc
no further reference 10 them
phe amendment which. II adopted,
would take the piece of all of the
nc,.tjuU. a..d c1r.ensisNeUEs above re-
serr IA to, is simple and plaau. No
provision OF the Consultations ~
necessary TO authorize s-ee t.'i-
position az Eae taxes nccc&%i'1'? iof
t,r sur,y4ort of the state ana its-
xorious no!iticaI subdivisions. The
newer OF taxation III inhcTcnt IN
.eycrn;ncnt. This proposed 2HieRa-
i,acnt declares tilnt tisi* inherent
power oc tnEntiol slfaFt never nc
surrendered, s9"acaded or con
tructcI ;ysaE: thnt t"Xes shall ne
fu,pos.d for public purposes ana
shall he uniform Oh the same ci'isS
of subjects. Stsouid this nweni-
nseEt be adopted I'll property OF
every kind in the state sTouid DE
subject TO taxation. accorainG 70
the method the Legislators saw ht
Ia adopt. provided ooiy that the
tax WAS levied for pahiic purpose
-rd was uniform Oh inc same CHA ~
OF subjects. Under tEs;s amendment
ever, tax law va now have on ahe
statute books ,vouid continue 10 nc
valid. because under this' amend
mer,t all Limitations on the power
az the lccisIaturc would he taken
away.
,ghe adoption of this amendment
would, as indicated. repeal ti'c So
called inheritance tax afnena2ienf,
and the .sross-carpirES tax amend
rucpt adopted in 1895 as c0ntntne'5
in said section seventeen. but in
1t eR4ssfz ~
give the ieGisintuTe greater author
ity Under this amendment the
power 10 impose inheritance taxes
world be unlimited. ana any torM
of GROSS earnings tax would DE
valid. Vhc grass earnings tax on
railroads would not be Affected -!
ti,is :,mcmslincEt. az .sst Constitution
nrDy-fIc. tiyat it can u0t he changed
without :. vote ~ the people. nut
with fiiA asDcndr3scR .2rioES ucV'
forms OF taxation cUuld DC Imposed.
notably an income tax ANA Il regis
try tax OLE mortgages. Under, fs,s
present Constitution we can Impose
no tax on mortgages owned b3- nom
residents. \ registry tax. which
would be valid under this amend
nieHt, would reaci, ali mortgages
alike. While IN subjects of taxa
ton arc required 10 have cash
valuation wifi, the tax equniized
~
come tax could be imposed. SsIch :,
tax. if imposed, should lee pro-
,:rcssiyc. yyiiich would be valid
under this amendments.
SECOND PROPOSED AMENDMENT.
The, second proposed amendment is
contained IN Chapter 3t2 of tslc
Laws OF 1905. II lis sought by this
nmendmers to repeal Section SO OF
Article . OF the Constitution; which
is as follows:
Section 16, For the purpose of lending
aid in the construction ana Improvement
Of publc highways and bridges there is
hereby created u fund 70 be known as
the State Road and Bridge Fund Said
fund shall include al moneys accruinS
from the income derived from invest
nents in the Internal Improvement land
fInd, or that may hereafter accrue to
said Fund and shall also include all
funds accruing to any state road and
bridge fund, however provided The
legislature is authorized to add to such
fund for the purpose of constructing or
improving roads and bridges OF this
state. by providing. in it's discretion for
an annual tax levy upon the property of
lhis state Of not to exceed in any wear
On r fipti pc one nit on Ill