The Harrison times., 1912-01-13

misdemeanor and upon conviction
shall be fined 500, and shall be re-
moved from Office"
Section 100, The auditor Of the
state shall, from the statement pro-
vided by section 80 Of this act, de-
termine the several rates to be APP
piled for that year, as prescribed by
section 1O1 Of this act to the taxable
property OF the state, and shall by
the the 10th day OF November certify
TO the several clerks Of the state the
several rates so determined, which
rate shall be by the county clerk, ap-
piled to the taxable property con-
tanned in the tax books OF their re-
spectlye counties"
Section 101. There shall be levied
each year, beginning with 1911, the
several rates hereinafter indicated:
"1, For the purpose Of raising
revenue to support the state govern
ment, the University Of Arkansas, the
agricultural schools and to supply
the deficiencies, the rate to be known
as the State General Rate
20, For the support OF the common
schools Of the state, the rate to be
,Inown as the State School Rate
"3. For the purpose Of carrying out
the provisions Of the act TO pension
eX.Confederato soldiers, the rate to
be known as the Pension Rate and,
a. For the purpose Of raising 4
fund with which to complete the state
capitol, the rate to be known as tho
Capitol Rate, as follows;
"If the total value Of the property
Of this state as determined by SEQ
ton 90 OF this act does not exceed
four hundred and fifty million (S45o,.
000,000) dollars, the capitol rate shall
on each ane hundred dollars OF prop
erty assessed be four and flyetenth
a 510) cents If said total value is
between four hundred and fifty mil
lion (S450,OOO,OOOO) dollars and four
hundred and sevonty.hye million
($475, ,000,000) dollars, said rate shall
be four and four and fourteenth
a d10). cents,
Then as the assessment Increases,
for each rise Of S25,OOOOOO the capitol
rate is lowered until at the end OF
this section the highest assessment
named is S1,25OOOO,OOO, and the low.
ost capitol rate is one and one.half
cents, Then, this Is the language
used for ascertalnIng the states
rates;
"The pension. rate shall be in each
case three times; tho states general
rate FIVE times, and tho states school
rate six times the capitol rate"
so It Is easily seen from the above
that the maximum rate would be- on
Ia %5O,0OO,0O0 assessment capitol
q 1.2 cents, pension 13 10 cents, state
general % 1.2 cents, state school 27
cents; total G7 10 cents on tho hun
drod dollars; and tho lowest rate
would he, on n $1,250,OOO0O0 assoss'
ment capitol (used only as q basel
/ 10 cents, pension 4 10 cents, state
general Z 10 cents, state school 2.
cents; total q cents on tho hundred
dollars, y
The capitol rate Is left on because
II will be- discontinued before thia
period Is reached and will be used
thereafter only as base upon which
TO figure the amount Of the other
three state rates,
Section 1902, Provides that county
leyylng courts shall not levy tax on
the country greater than ratio which
will yield for the maximum amount OF
taxes collected sum 10 por cont
over that which was collected for the
preceding year Tho loyyIng court
can, Of course reduce tho taSe0 Of
their respective counties aB mgeh ag
tho like,
Section i0d Puts the same llmlta'
tlon on the taxation OF the oltloH and
towns Of the state that section l02
puts on tho counties,
Now, practically all else in the bill
refers to exemptions from tOXatonn
Of certain property Of the otato, suc4
as churches, schoohouses, etc, "a
the constructions to be placed on
questions Of real and personal prop
orty for the purpose Of taxatloni 10
valuation Of assessments; to changes
Of the time In beginning tho a0soss.
mont and tho election Of school dlroc.
tors 30 that, tho cntro ayslom will
work ont hOrmonously and TO rules
and government for tho assessors,
boards, commissions and courts,
The rules and regulations, to some
individuals appear to Btrohg, but i'm.
loss the necessary power be given to
enforce tho law reform In our
revenue system would be useless, and
"oQuNI2Ing' boards would be forced
to keep on "edualSlng up" tho prop
orty Of tho small taxpayer until
enough taxes were collected from him
to run tho state,
The GcctIon8 Of tho revenue bllv,
herein quoted mako up MI OF tho ron
al az tho taUg ga fap aa til.