The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1908-01-18

penalty OF not less than s1oe, and not
+ exceeding $500.
s. Any partnership. firm. CORPORA
tom or individual trading IN the Ter
ritory Of Hawaii who shall be found
20 have under-valued their stocks Of
merchandise fixtures. furniture and
implements Of trade or profession, for
the purposes Of taxation. or shall be
found 70 have made a false or untrue
inventory Of stock. for the purpose of
evading taxation, shan forfeit all
rights TO the discount allowed on
stocks of merchandise, fixtures. furni
ture. and implements OF trade or pro-
#fession as provided in article No. /;
and after the value Of said stock has
been adjusted, 50 per cent. Of the total
value shall be added thereto and the
tax Of l per cent. payable on the
whole.
9. Definition of Personal Property
The term personal property for the
purposes Of this act, shall mean and
include all household furniture. effects,
Ijewelry, watches, goods, chattels, wares
and merchandise. machinery. ships or
vessels, whether at home or abroad,
ali moneys in hand, leasehold and
chattle interest in land and real prop
erty. franchises. patents, contracts,
growing crops public stocks and bonds
not exempted by law from taxation.
and all animals not herein specifically
: taxed
10. Partnerships. firms. corporations
; or individuals selling merchandise for
profit in the Territory Of Hawaii or
professional men of all professions.
carrying no stocks of merchandise. or
: carrying stocks Of merchandise less in
value than one fourth Of their total
sales or earnings. shall be taxed one
half Of one per cent. on their total
annual sales or earnings. and the
: books of such firms. corporations.
, partnerships or individuals. shall az
all reasonable times be accessible TO
the tax assessor or his deputy for ex-
: animation. Failure TO grant TO the
assessor or his deputy full access 70
, the books Of the partnership. firm,
i corporation or individual. shall render
same liable to a penalty Of not less
than 800, and not exceeding $500.
We would further recommend that
sections 81 TO section S37, inclusive. Of
the present tax law, be incorporated
t in the above.
l. RESpSCAAuig SuGuA1ttEts
e E. A MINERNY,
a Chairman.
/. w. T. LUCAS,
# E. H. PARIS.
In making this report for the com
I mittee, Mr.. MeInerny said that th'
:. committee. in response to its reques
D. to members for suggestions, had re
I ceived three responses out Of eighty
u requests Mr. Robert Cation had re
u sponded with some suggestive criti
cisrn of the present law. Other re
2 sponses We're from j. o. Lutted anC
= John Emmeluth.
q J. 0. Lutted's response was as fol
lows:
81 wish to suggest. in view of TIL
l. large amount Of unproductiye land hell
by incorporated companies. trusts am
others. that this vacant land should b
= made productive by compelling tn
owners 10 plant cocoanut trees q
other fruit trees, according to loca
le ton. a certain number of trees TO r
n acre This would enhance the heaut
lie of our city. and in a few years retur
lie a good margin OF profit for the sn'a
N expense involved. In this condition
10 the property could easily afford . pa
fair taxation, whereas the land /
d ifs present condition is a disfgure
rs ment to our city, nd OF no benefit
- and heId only for speculative purposes
Oh the value of which is advanced an
sc made valuable by the improvement
ID made on adjoining properties.
Z For the common advantage AID tn
benefit of the taxpayers, I would sue
a. eest to tax all such unproductive prof
"a ertv within certain radius Of IN
d Executive building 5 per cent. IF the
III value. unless improved as state
above, and, in that case. only a noTe
inal tax to be enforced. When yo
consider. this is simply new appi
r cation Of the pineapple law, as al
n1ied to this case. provided the in
ed movements (tree planting) are con
d. plied with in a certain period of tim
ng We have hundreds of acres Of Ian
p makai of King street and other po
lions of the city that are discred
in to Honolulu. a small lot holder
he taxed in full for any and all improve
CT ments made.
sh MY suggestion would be, for Il
common advantage, TO make laws tn
sh viii encourage home builders by r
r. duced taxation, and discourage laE
OF speculation by increased taxation
US John EmmeIuth's suggestions We
OF embodied in and supported by a lars
p number OF clippings from publication
on the subject. and were in effect I'M
ne lust system of taxation was OF
OF which should require from each ind
ali vi7uaI a just return 70 the conmuni
Is for the advantages and benefits
Is. ceived from and by reason Of the cor
81 nunity Such a system Of taxauC
ne would lay the principal burdens
Il those things classed as property W1i'
o. are the gift Of Nature or Of Prov
dence TO all, which are not the produ
40 OF human labor or industry; and VIII
1 .o out which it is impossible 70 engal
in productive industry Chief amor
these is the land which, aside from
o natural possibilities, has no value
- land except such as is given TO II
g. -. y--sy,0v 77r7y4Sfv F-1rH individual. m