The Eureka sentinel. [volume] (Eureka, Nev.) 1902-current, 1910-01-29
Our State Tax System


brought light the garng and nconsis
of the present revenue system of this State.
old fight railroad been on the carpet
again. the railroad companies compelled to face
higher valuation than they have faced in years.
contention made by the that the average
en other property the State about 3 per
value which denied would naturally follow
that of $4,000 mile be fair on
railroad property with admitted value of 100000 mile
fact that ugly distinctness is that the
average valuation for tax purposes about actual
value
This ugly fact an open violation of the law
distinctly provides that all property
Nevada shall be assessed its full cash value Without
hory of law the upon
themselves the right fix valuation property two-thrds
than the law rescribes and what the esu Nevada gets the
reputation of being impoverished State taxation
three times than should be legimatey millions
capital which, with proper of about per
instead of three per cent would bring investors here and further
assist in lowering the rate
When ask Assessor why he dsobeys the law he nvar
ably replies because all simply
protect his county from paying greater amount to the State
than would be fair proportion This necesad because of
the antued law which does not provide for segregation State
county taxation Until this ramshacke law wiped off the
statute books will continue rise and valuations down
high will continue to righten capital away
The multiplying of the present valuation of taxable prop
ery by three would leave the be paid
respective taxpayers just where but the would
the gamer by many millions of dollars by the influx capital
which would follow the establishment of a low tax
MIA has followed Twice BILL copied from the
Oregon law introduced in the Nevada Legislature and
attention paid to it Most of the States recognizing the
necessity of segegang State from county taxation and are reap
ing the benefits of doing.
Maine has the most simple system all Each is allowed
valuation he peases his property and
valuation If with $4,000 worth of property
put valuation of $4,000 he do When the tax
published however and his neghbors DESIRE of them
offer him $4,000 for the property and he refuses to give
Decd the property put at auction and sold to the highest
bidder.
In such case the owner has property he
enough All realized the assessed value
goes this of the owners pocket it the
penalty for undervauaon If the property brings less than he
assessed value auction the State makes the difference to
the With this law in force each property places he
property just what he would take for it for cash
His is notification that it the cash price
which holds it. Under this system the railroad companies
naturally put valuations just the figure at which,
they would be willing to sell the road and all other classes OF
property will be taxed at the full cash value
railroad companies not the only people who have
dogng In statistics showed that the rail
shipped head Of cattle from the State and
presumabe that good driven out on foot Yeti
the tax rolls 900 head of cattle taxed n
the State during that Sheep taxation in about
the proportion
have for many evaded their taxes on
the profits resog false accountngs and perjury to cover
the Commonwealth This because he
high dishonest people evade taxes The
honest people have pay higher to make up the losses
Reduce the by equitable system OF valuation ana
the temptation dodge the Assessor would be cospondng
mnmzed the simple and automatic remedy provided
in the Maine and all would be taxed alike and equably
principle of taxation is equality and any de
partue that principle results in injustice to some one
do that any class Of taxpayers would refuse to-
accept the Oregon law the Maine SYSTEM provided
they underlying principles OF the systems
The trouble primarily that the present system IN
vogue this has become obsolete with age and
until few people understand it, and not under
standing one SYSTEM they hesitate investigate other
The Legislature should repeal the present inadequate tax
system adopt up date if practical solution
this vexed problem is reached
Waldorf Aston son of William Waldorf Asto among
those who went down to defeat the Unonss the hrst poll
ing Of Britain The success OF pe