The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1912-01-13
The public utility property would
pay $40.
The stock range and live STOCK
property would pay Sl5.

pay $40
1he stock range and live stock
property would pay SIS.
Total taxes paid $780,
How 1t Works Out Now
But let us suppose that instead OF
a uniform system OF valuation ap-
piled to each class OF property, that
the basis of valuation in each var
led as follows:
81 900 residence property, assessed
at 90 per cent of its cash value,
5000.
1000 farm property, assessed at
Is per cent of its casldyalue, 5000
$4,000 railroad property, assessed
at so per cent Of its cash value. ST.
200.
$500 business property, assesse
at so per cent of its cash value. $3.50.
$1,000 public utility property, as
sessed at 25 per cent of its cash
value, $3.50.
$1,000 stock range etc. property, as
sessed at 80 per cent of its cash
value, $3.50
Total assessment valuation, s3,25O,
To realize S100 in taxes on S3,25o
worth of property, the rate will
| have to be S3.0S on each 500 valu-
alton. Now let us see what the re-
suit is to the taxpayer.
The residence property, ON uni
| form system OF valuation, should on
ly be required to pay $40 taxes, but
under the above system has to pay
$1S.4S taxes, or SIS per cent more
than is its just proportion.
i The farm property. on uniform ba
sis of valuation, should pay $40 tax
es, but under the above system pays
4 s15.40, or 23 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-
TEN pays $S696. or 7.6 per cent less
than is its just proportion.
The business property, on uni
fern basis of taxation, should pay
So taxes, but under the above sys-
tenn pays $40, or "a per cent more
than its Just proportion.
: The stock range and live stock
property on uniform basis of val
aaticn, should pay SIS taxes. but un
! Ter the above system pays slS.S6
:. PEE eeGt ~ thss,, ~ 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 b,
! the existing system would natural,
4 not be extremely anxious for the
t change. 1t is clear that on such
S system of taxation as presented, thu
0 basis of valuation is not 60 per cen
/ of the total cash value of the prop
i Arty to be assessed, but is precisel,
Q 32.5 per cent and that all propert!
: returned for assessment purposes a
e higher rate is paying an undue pro
e portion CT the cost of government
and all that is assessed at less thai
: 32.5 per cent of its cash value !
+ paying less than it should.
1t am not claiming that these elias
II sifications of property valuations
!. with respect to assessment valuatio
8 and relative valuations are entirel
IS accurate with respect to our taxatio
system in Nevada, but ] believ
that they approximate the facts clos
f. enough for the taxpayer to dra'
a some valuable conclusions.
Dt Opinion Is Unchanged
a. | took the stand at the time tn
1T legislature was in session and
n. have not since found reason
IL change my opinion, that the el
to forcement Of an impartial and un
lel iorm system of valuing proper'
ty for assessment purposes in tn
10 state would result in supplying Il
o. funds necessary to maintain our sta
IS and county governments without sc
ious hardship to anyone; would
sh fact, lessen the existing burden I
tae residence property owner and I
lie, average business man and not We
seriously affect those who are deli
al quent. advocated the passage
the legislature Of bin which !
ct iieve would have given us in
shcrt viii e one of the most perft
Ish taxation systems, If not the be
in this country. 1t failed to pass
er last session. but in spite OF Il
fact, that bill or someb better
is bound to receive atten ton at
next and succeeding legislatures,
op- less in the meantime the state bot
val of assessors discovers the way
of give tho state uniform system
,ro valuation of all kinds and clas
II of property throughout the seve
ent counties.
2-3 A Business Proposition
uce Taxation is a business proposit
in 1t is not partisan political a.
wn- ton in any sense Of the word.
,uld the other hand 1t is question
the which those who are getting
pay. best of the inequality of the e,
ing system, whose property in