The Hartford republican. (Hartford, Ky.) 18??-1926, 1906-05-18
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THE NEW REVENUE LAW.

M w M &NS - ~ W
The revenue law which will go in
to effect next month, while in some
respects an improvement on the old
statute, gives unmistakable evidence
of the urgent need, of those in pow
err in our State, for money to meet
needless, extravagant expenditures
and increased salaries. Many new,
and hitherto exempt institutions,
are caught in the meshes and must
90 out of business or contribute to
help maintain the new officers, and
payincreased salaries provided for
blythe State machine at Frankfort.
The old rate of SOC on each 500
is retained to start with. This rate
is too high. 1t will he remembered
that during the Bradley Admins
tration, the rate was placed at SOC
for two years to meet an indebted
ness, which was found to exist at
that time, and then went back to
47sc, as provided in the act. Later
a Democratic Legislature raised it
to SOC, where il has since remained.
A few years ago the State collected
from the National Government
large sum, with which the State
debt was Cancelled, and enough left
to build a new Capitol. 1t was
thought by tax payers generally
that the Legislature would be able
to fix a lower rate. and there is no
question but what it could have done
50, if any economy whatever had
been practiced. However, instead
of any relief, a most drastic
measure has been adopted, reach
ing into many hooks and corners
after money needed by the gang.
After all, this taxation. no matter
in what form it may be concealed,
comes from the producer.
The act provides that each County
Clerk shall make a statement of
all purchase money notes, mortgage
notes and other leins for money.
Conveyances to show dates of exc
cution, maturity of notes and post
office address of the holder. The
county must pay all expenses of
preparing this statement. The act
allows this double taxation to re-
main, and increases it to large ex-
tent. For, while the man who has
bought little tract of land and
given his notes for $1,000, is taxed
on the land, the holder of the note
is also made to disclose and pay
on it This may be right. but it
may make it more difficult for a
poor man to buy land.
All domestic corporations must
pay license tax of 30c on each ST.
900 of authorized capital stock, and
must report aggregate amount of
business transacted during the year
preceding. No corporation to pay
a sum less than $40. To keep tav-
ern or hotel of 25 rooms, $40. Bow
ling alley or boxball alley SIS if pop
ulation of county exceeds 10000.
Circuses and menageries are forev-
er excluded from the rural districts,
with tax of $1.00 for each 100 vot-
ers in the county and same sum for
each exhibition. The small boy in
the country will be forever barred
from seeing the elephant. unless he
can go to the city.
Each wagon selling oil must pay
SIS to the State, while peddlers are
TO pay $50 for two horse wagon,
$40 for one horse wagon and $50 if
he goes on foot. Temporary mer.
chants must pay 500, and 500 for
each person assisting. Exhibitors
Of trained animals must pay S. for
each day or part of day. Auction.
GERS must pay S. annually, while bill
posters and distributors of circulars
must pay $40. Persons engaged in
buying or selling notes, bonds or
stocks $25. On each cane rack
knife rack or similar contrivance S.
Each show, exhibition, concert OF
other performances, not for religious
or educational purposes SIS. Each
feather renovator $40. Steam fer.
ries $25. Hack, stage or automobile
line for public use $40. Ice factory
Sl5. Laundry $40. Each firm OF
person who loans money on house
hold or furniture 5000. Lightning
rod agents $50. Merly-go-round or
like contrivance SO. Every person
selling patent medicine, except mer-
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