The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1909-02-02
RELIEF
FOR SMALL.
PROPERTY !
OWNER

suung tendency ~ Tue nav sldl
toward relieving the small pfOpert
0wnor from taxation 80 Tar as posslb
and placing the burden upon the COZ
lorallOns Rnd thoss haeng the lafs
est share o2 the worlds goods.
The glcss revenue lax. the incom
lnx the Inheritance lax are an iikol
70 place The burden Of taxation upQi
The large property owners while Ia'
constitution itself goes Car toward rQ
llpving the small property owners fron
laxaiion. There Is a provision OF thI
constitution which axompts from TAXA
ticn the household goods OF the head
OF families. and the tools. mpiementl
and live stock employed IN the SUP
port Of the family not exceeding $40
In value. An cxtni0n aud oX-COnfrd
crate soldiers and an widows OF suci
soldiers. who are heads of families anl
bona tide residents III the state. arc
allowed 500 worth 0l personal prop
erty exempt from tssation. IN add
ion TO this, al property used eXclua
lively for schools and colleges OF fol
religious and charitable purposes, u
exempt
TO countcrbalance these exemptions
the state leyies additional taxes upon
the corporations and unon The largt
property owners. The gross revenue
law Is the most important factor n
the production OF the states revenues
aside from the ordinary ad yalorem taS
upon all property This law provides
for the collection OF tax upon "a
gross revenues Of an public ssrwce
corporations as well as all persons q
corporations engaged in the productions
Of coal, asphalt. Or ores Bearing lead
ginc. Jack, gold. silver on copper lr
Of petroleum or natural gus. Uniaf
this law railroads and telephone com
panles are required % pay t'tX Of
one-half Ct per cent upon their gross
revenues. sleeping car companies pria
cate ear companies and express com.
nanlps are required 10 pay Eve per cent,
pipelines. two per cent, telegraph com.
ranEes two per cent, electric lighl aQh
gas, haas and power companies ono.
half OF enc per cent and water com
panlps 0ne.fourth Of one Rer cent
These taxes are IN addition 70 the ad
valofem tax levied upon the property
0g the companies by the state board
og esseea0rs
This tax alone is expected GO supply
from one.third 10 One-haii Of all tra
revenue needed for the sappoft of the
state government II Is estimated thaa
II viii Yield an ANNUAL revenue Of from
$500 % 10 ss00ee
THE graduated land tax ihe ineome
tnx and the inherilrnen taN are almet
chiefly al individuals who are Arse
property owners. None OF these taxes
wilt be collected until next year, ana
az consequence inera has beeu no
test az any 1f tho laws There has
been some protest against the Income
and land taxes, but as ne attempt has
been made to eOileel tbs taxes tha
complaints have not taken form.
Tho law provides q tax upon all ~
comes IA excess Of sa.5eG per annuni
derived from salaries. lees, trades, pre-
fessions and property upon which
gross revenue Sf excise tax has moi
been paid. The tax il graduated ana
range from five mills on the one dollar
incomes from S3.5 60 S5AU0 70 33 Ill
mills on the one dollar on al gross
incomes over $3.50 900
The graduated land tax i levied up
on all persons Or corporations owning
lands IN excess Of 649 acres. This tax,
like tho income tax is graduated plae'
Ing the heaviest burden upon the larg
est land owners The tax ranges from
one.fourth of one per cent upou the
excess over $40 acres and less thaN
1.2g4 Acres C ten per ccntum upon on
excess over i0,e00 acres and less than
25,eet ael -s This tax must be paia
I'll addition to the regular cd Nalu7em
tax levied upon all property 10 me
state
All persons holding lands by lease
or rental contract or by tiiie less than
iae simple are subject 70 a similar tax
upon the Incomes rents and pfoii's %
me lessee from all lands which thes
hold III excess Of Gi8 acres.
Tho Inheritance tax is also EradV'
atod according TO the relationship o.
The persons receiving The property l9'
the decedent and according 10 the val
ue Of the property received. Exemp
lions up 10 d certain amount are made
in each class OF inherllanees. The
widow ia relieved OF taxation upon
property up 20 the value Of $1,000 amt
the exemptions range from that
.....ounl a0wn 10 SiqA
Tho amount Of rnvenue that viii he
received from these sources mas moi
been estimated. but Il W expected tnai
utter the laws arc placed IN operation
they will reduce By large amount the
sum thar must now b. raised By the
ordinary methods Of taxation
fhe most striking resul, up % Tire
present time from she operation Y
the new revenue laws has been q yass
increase III the taxable values Of tne
state and correspundlngly large g
auction ID the tax levy This nssnsaed
valuation Of al properly IN Oklahoms
FOR the YEAR 1908 Is Approximately
Sg2s 1.lO0. as compared With q ioal
valuation Of considerably less than
$e0a. .0eo noe ~ 1911 At The same time
the tax levy for state purposes tnn
year Is one and 0nefeuFln mills whit
lhsf year the levy for erliforlal puf
poaas ii oklahoma Territory vas tive
and cnehhlg mills Even ihih does not
represent the actual deefease since
Il was necessary to inxy q sufficient
ia< this year 10 ua he hxr'nses g
me siHte government during he first