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

$4,000 railroad property, assessed
1t 80 per cent of its cash value, 81
700.
$500 business property, assesse
1t 80 per cent of its cash value, 500.
$1,000 public utility property, as
sessed at 20 per cent of it's cash |
value, $3.50.
$500 stock range etc. property, as
sessed at 80 per cent OF its cash
value, $3.50.
Total assessment valuation, $3.50.
To realize 500 in taxes on $3,25O
worth Of property, the rate will
have to be 1898 on each 500 valu-
alton Now let us see what the re-
suit is to the taxpayer.
The residence property, on a uni
ly be required to pay $40 taxes, but
under the above system has to pay
S1SiS taxes, or S:.S 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 a uni
form basis of taxation, SHOULD pay
$40 taxes, but under the above sys-
tenn pays $36.9G, or 10 per cent less
than is its just proportion.
The business property, on a uni
form basis of taxation, should pay
S. 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 IN
der the above system pays 1886,
or 7.6 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 a 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
lasis of valuation is not 60 per cent
of the total cash value of the prop,
erty to be assessed, but is precisely
1925 per cent, and that all property
returned for assessment purposes al
a higher rate is paying an undue pro
portion of the cost of government
and all that is assessed at less thar
1925 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.
and relative valuations are entirel.
accurate with respect to our taxation
system in Nevada, but | beliey
that they approximate the facts clos
enough for the taxpayer to draw
+, some valuable conclusions.
Opinion Is Unchanged
took the stand at the time tn,
legislature was in session and
have not since found reason Il
change my opinion, that the en-
forcement of an impartial and uni
form system of valuing propert,
for assessment purposes in thi
state would result in supplying tn
funds necessary to maintain our stat
and county governments without SCI
| Al nd hin IN would
TACT, lessen the existing burden 0
the residence property owner and tn
average business man and not yer
seriously affect those who are delil
luent. | advocated the passage b
the legislature of bill which | b,
: lieye would have given us In
ihort white one of the most perfe'
= taxation systems, if not the hes
, IN this country. 1t failed to pass tn
last session, but in spite of tn;
: fact, that bill or someb better bi
is bound to receive attention at IL
: next and succeeding legislatures, u
ess in the meantime the state boar
; of assessors discovers the way i
SlNe VIC oldte u ullilol Ill Sy Slcul
valuation of all kinds and class,
= Of property throughout the sever
counties.
. A Business Proposition
Taxation is business propositio
= 1t is not a partisan political que
ton in any sense of the word. {
= the other hand it is a question {
:, which those who are getting Il
>" best of the inequality of the exis
ing system. whose property In u
dervalued, will be found lined |
in active opposition to any chang
My mind is open on the subject
what is best to be done to accompli
= the result of eQualizing property V;
uatons. The best, surest and sim
lest way to get that result is VIII
- | want to bring about. II possib
,t and is what the public wants.
3 the state bear dof assessors at tn
,e meeting can meet the situation
u way to show it's competence
:, arrive without too great delay
70 the result desired, l shall be mo
V. happy. and in any way that | c;
be of aid or assistance can do