New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-01-11
NAY FAVOR INCOME TAX
REPORT NEARLY READY.
Commission Named by Cor. Higgins
H'iu Finish York Here

Amsterdam y. Y. Jan. 10.-The special tax
commission appointed by Governor Higgins last
year, OF which ex-senator Warner Miller 10 nras,
dent. viii meet in New York on Saturday TO
complete It's report. which. In accordance with
the statute providing for the commission is TO be
presented on January is, to the LEGISLATURE now
in session
The commission has already decided to recon-
mend many important changes in the tax laws
of the state, in accordance with the purpose of
it's creation, which was to prepare a general re-
vision Of the tax laws II will recommend
changes in relation to the tax on banks. rail-
roads, and corporations, as well as a general re-
vision OF the inheritance tax law.
a majority OF the members of the commission
are favorable income tax, and while sew
erei measures Of this character have been pre-
sented to II during the six months which the
commission has been engaged in its work these
proposed bills have invariably been rejected in
consequence OF a difference OF opinion arising
among the commissioners TO how the tax
should be collected and TO the administrative
features Of the bill.
William H. Sutherland Of Rochester counsel
10 the commission. has now prepared another bill
which Will be presented 10 that body Satur
Gay. and which it is believed will meet with APP
prevail, inaEmuch II overcomcs most Of the
objections made to the drsfts heretofore pre-
sented
This bill. prepared by Mr.. Sutherland. calls
for the ievying of e tax all annual incomes
above $500. An income UP 10 $500 a year is to
be exempt from taxation, but all annual in
comes up 20 the first $4,000 above the amount
Of exemption it is proposed to ley a at the
rate Of per cent. On all incomes above $4,000
up and including $4,000 the rate as proposed
is per cent. Above $4,000 up to and including
$4,000 the rate is per cent. Over $4,000 up
10 and including 100000, the rate is 10 per
cent. All incomes over 900 up to and in
cluding 100000 10 be taxed Is per cent. and
all over 100000 are be subject o:
20 Fer cent.
The proposed measure compels every person
whose income is liable TO taxation 10 make and
file with the Board of Assessors of his dis
trict az such times as are required by the as
SCISSORS. a return blanks TO be provided for
that purpose. setting forth in detail the net
amount and source of income OF the person maxi
ing such return. The State Tax Commission is
10 furnish the local assessors of each district in
the state suitable blanks providing for the fol-
lowing information: Name, occupation. home
and business addresses OF the person to be
taxed. the full amount Of his or her income de-
rived from any profession calling in the
nature OF salary, commission. fees otherwise.
and IL such income BIS from more than one
source. then the particular amount derived from
each Of such sources; also the total amount in
detail OF all income received from mortgages.
bonds. stocEs debentures 1rornissory notes. per-
sonal securities Of any sort money lent invest
ed in other form of security without security.
together with detailed statement % such Sc
curity item Of Indebtedness or moueys lent
giving the name and residence OF persons so in
debted or OF corporations Issuing bonds stock
and the place where said security is at the time
actually located. also all taxable income from
any other source or sources whatsoever. with
full particulars thereon: also a total footing of
the amount OF income Of the maker Of said re-
turn from all the foregoing ,urces.
From this total shall subtracted any
amounts paid by I maker said return dur
ing the year upon indebtedness contracted
b. him. bur the items OF such indebtedness. to-
gether with the names. postoffice addresses OF
the persons or corpora tons TO whom or which
the same shall have been paid and the re-
spectiVe amounts paid TO each. shall be set forth
IN said return These returns. which must be
sworn TO by the maker. TO become conf
Dental documents Of the assessors. and their
contents be diYulged except in the
course Of judicial proceedings. violation of
this on the part of the assessors or clerks is to
be considered q misdemeanor and will be pun
ishabie accordingly
The assessors are to be vested with the power
10 subpoena any one making or falling to make
return False returns or false answers made
10 assessors in reference to ones income Will
be considered perjury. and that person will be
the Penal Code
Failure 10 make return within ten days after
sucn returns are called for by the assessors
will make such a person liable 10 pay double
tax and If he wiIfully fails to make the return
the assessors may compel him TO pay ten times
the amount Of the tax. 1t is TO be the duty OF
the assessors TO subpoena any such person pc
fore a court OF record in the county, WheTe tne
question OF his failure 10 make report VIII De
considered.
With the enactment Of the proposed moons
tax law the personal property tax viii be aool-
ished. The measure provides Tor one-tlI u u
Of the incorns going 10 the state and t"o-lhlrus
70 the locality in which the tax Is coliecteo.
The proposed bill also handles the would-pe YAK
ocdger by providing that every person ooIIn-
ctled in New York State or having resioei , .
therein equal 70 period Of three months during
q year or shall become householder or nave
an Office for such period WITHIN the staue Si40ii
be taxable. a.. cro
In addition TO the above PROVISIONS the Pr IL
posed law covers the manner or oIlscu!s go -,
features.
T11NRE1S