The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1912-01-20

20 per cent of its casldyalue, 5000.
$4,000 railroad property. assessed
at 30 per cent of its cash value, ST.
200.
$500 business property, assesse
at 80 per cent of its cash value, $3.50. |
$1,000 public utility property. as
sessed at 70 per cent of its cash
value, $3.50.
$500 stock range etc. property, as
sessed at 30 per cent of its cash
value, $3.50.
Total assessment valuation, S3,25O.
To realize 500 in taxes on $3,250
worth of property. the rate will
have to be $30S on each 800 valu-
alton. Now let US see what the re-
suit is 10 the taxpayer.
The residence property. on a uni
| form system of valuation, shonld on
ly be required to pay $40 taxes, but
under the above system has to pay
$1S4S taxes, or Si.8 per cent more
than is its just proportion.
The farm property, on uniform ba
sis of valuation, should pay $40 tax
es, but under the above system pays
$15.40, or % per cent less than its
just proportion.
| The railroad property on uni
form basis of taxation, should pay
$40 taxes, but under the above sys-
tenn pays $500, or 7.6 per cent less
than is its just proportion.
| h,tu
form basis OF taxation, should pay
IS taxes, but under the above sys-
TEN pays $40, or "a per cent more
than its just proportion.
The stock range and live stock
property on uniform basis of val
uation, should pay SIS taxes, but un-
der the above system pays $l3.S6,
or rs per cent less than its just
proportion.
The Benefited and Injured
1t isn't difficult to discover who is
benefited and who is injured by
such system. Moreover, if one
wanted to reform the system, those
who were particularly benefited by
the existing system would naturally
not be extremely anxious for the
change. 1t is clear that on such a
system of taxation as presented, the
basis of valuation is not 60 per cent
of the total cash value of the prop
arty to be assessed, but is precisely
1926 per cent, and that all property
returned for assessment purposes at
a higher rate is paying an undue pro
portion CT the cost of government
and all that is assessed at less than
32.5 per cent Of its cash value is
paying less than it should.
am not claiming that these elias
sifications of property valuations,
with respect to assessment valuatio:i
and relative valuations are entirely
accurate with respect to our taxation
. system in Nevada, but / believe
that they approximate the facts close
enough fer the taxpayer to draw
/, some valuable conclusions.
Opinion Is Unchanged
| took the stand at the time the
legislature was in session and
change my opinion, that the en-
forcement Of an impartial and uni
fern system of valuing property
, for assessment purposes in this
state would result in supplying thu
funds necessary to maintain our stat
and county governments without ser
: ous hardship to anyone; would il
fact, lessen the existing burden OIL
the residence property owner and tn
average business man and not yer.
seriously affect those who are delin
luent | advocated the passage b,
the legislature of a bill which | be
: iieve would have given us in
short while one of the most perfec
taxation systems, If not the best
: in this country. 1t failed to pass tn
last session, but in spite of tina
fact, that bill or someb better bill
:. is bound to receive attention at tn
next and succeeding legislatures, III
: less in the meantime the state boar
of assessors discovers the way t
give the state uniform system O
valuation of all kinds and classe
: Of property throughout the severa
counties.
? A Business Proposition
Taxation Is business proposition
1t is not partisan political ques
ton in any sense of the word. o.
the other hand it is a question OF
which those who are getting tn
: best of the inequality Of the exist
ing system, whose property in III
dervalued, will be found lined u
in active opposition to any change
My mind is open on the subject o
what Is best to be done to accomplis
the result of equalizing property va
/, uations. The best, surest and simr
lest way to get that result is wha
want to bring about. IL possible
! and is what the public wants
| 4.