The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1909-12-30
OF TAXES,
An important Report Made to
the National Grange.

II Outlines the Position Which the
Grange Takes on the Question Of
Taxstion-The comnnittss's conclu-
sions Summarized In Eleven Articles.
The report Of the committee on taI-
alton Of the national grange was pre-
pared and presented by T. y. Atkeson
Of West Virginia. chairman OF the com
mittee, and was an important docn-
ment. We give the committee's con-
clusions. the report being adopted
Since tsxation is necessary for tire en-
forcement OF laws, for the protection OF
properly, individual or corporate. there
fore no property. either real or personal.
which is protected by law should be ex-
empt by the state constitution.
In order to secure equality In the dis
trihution OF the burdens OF government. II
personal property Ii to be exempt from
taxation on account OF the Indebtedness
OF the owner thereof. then real estate
should be entitled to the same exemption.
In the case OF mortgages by far the
wisest system ID to tax the mortgages on
the amount OF tho mortgage and the
minus the mortgage" the mortgage to
be considered a. real estate ana not a.
personal property and taxed In the local
ity where the mortgaged property lies.
There should be no exemption OF any
species OF property, either real or per-
sonai, from taxation for local purposes
except such as Ii exempt by the constf-
tuition.
II state and local revenues are 10 be
raised from separate resources. the state
revenues should bs raised from corpora
tion, charter fees. licenses on liquor. beer
tobacco. coal oil. gas. telegraph. tele-
phone, express, Pullman and other car
companies. banks. trust companies. drug
gists, billiards, theaters, shows. plays.
certain professions and pursuits. hotels.
restaurants, fire and life insurance COM
psnies bankers and pawnbrokers. bank
deposits, collateral Inheritance. sale OF
books state seal, etc.
All corporation real estate and personal
property TO be taxed for local purposes,
same as the same kind OF property Ia
taxed when owned by individuals.
The local tax Of transportation property
10 be levied on valuation equal to the
market value OF the capital stock plus
the market value OF the bonded debt.
each taxation unit 10 receive such part
OF the tar AZ the mileage OF the corpora
tion In said unit is 10 the total mileage.
Every possible precaution should be
taken to secure equality OF assessment
between individuals and between assess-
ment districts.
We favor the denial Of the right OF ac-
ton TO the holders OF notes. bonds, etc.
which have not been listed for taxation
and all such notes. bonds. etc, no listed
shall be assessed at the same rate below |
face value as other personal property In |
the same locality Ia assessed below its
actual cash valLe.
No city shall be permitted to make .
separate assessment. and all property
everywhere shall be uniformly assessed
al It's fair cash value or At q uniform per |
cent below cash vaIue-say 70 to " per
cent below
We favor the enactment Of q law that
viii secure a fair and equitable taxation
Of all bank property. whether personal or
real, upon the basis that other property /
10 taxed. and We believe the market
value Of the capital stock plus the real
estate would be the falrest and most cas-
ily sscertsined method OF valuation.