The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1912-01-13

property would pay SIS.
Total taxes paid 500.
How 1t Works Out Now
Put let us suppose that instead OF
uniform system of valuation ap-
piled to each class of property, that
the basis of valuation in each var
led as follows:
1000 residence property, assessed
at so per cent Of its cash value,
5000.
$4,000 farm property. assessed at
25 per cent of its casIdvalue. $500.
$4,000 railroad property, assessed
at 80 per cent of it's 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, $3.50.
To realize S1O0 in taxes Oh $3,250
worth of property, the rate will
have to be s3.08 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
slS.4S taxes, or Sa.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
$3.50, 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-
TEN pays 1886, or 7.6 per cent less
than is its just proportion.
The business property, on a uni
form basis Of taxation, should pay
SO 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 ayssem pays SlS.S6,
or 7.6 per cent less than it's 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
oasis of valuation is not 60 per cent
of the total cash value of the prop
erty 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 it's cash value is
paying less than 1t should.
| am not claiming that these elias
sifications of property valuations,
with respect to assessment valuatioll
and relative valuations are entirely
accurate with respect to our taxation
system in Nevada, but | believe
that they approximate the facts close
enough for the taxpayer to draw
some valuable conclusions.
Opinion Is Unchanged
took the stand at the time the
legislature was i'll session and
have not since found reason to
change my opinion, that the en-
forcement OF an impartial and uni
fcrm system of valuing property
| for assessment purposes in this
state would result in supplying the
funds necessary to maintain our state
and county governments without ser
ious hardship to anyone; would IL
| fact, lessen the existing burden OF
the residence property owner and thu
average business man and not yer.
seriously affect those who are delin
quent. l advocated the passage b.
the legislature Of bill which | be
iieve would have given us in
short while one of the most perfec
taxation systems, i not the best
in this country. 1t failed to pass tn
last session, but in spite OF tina
fact, that bill or 'someb better bl
is bound to receive attention at tn
next and succeeding legislatures, III
less in the meantime the state boar
of assessors discovers the way
give the state uniform system
: valuation of all kinds and classe
{ of property throughout the sewers
I counties.
A Business Proposition
e Taxation is business proposition
/ 1t Is not a partisan political que
/ ton in any sense of the word. q
l the other hand it is question @
e which those who are getting II
host Of tho inou,,aIifv of tho pXiS