Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1913-11-28
PERSONAL TAXES
DUE THIS MONTH
SOME RADICAL CHANGES MADE
IN REVENUE LAWS OF
The STATE.

Mr.. Citizen, are you aware that
1 your personal property tax is due?
and don't you know that if it is
not paid before the end of this month
Il may be seized and sold by the as
uessor.
According to the new revenue law,
personal property taxes must be col
lected by the assessUr-not the treas
urer. as upon real property-and he
Is required to have IT all collected and
ready to report by the fourth Monday
in November, which is this month
There is no opportunity allowed to
pay half Of the tax now and the other
half in six months later, as in the case
Of real property The assessor must
have il ali now. every cent of it, or
he will seize the property and put
II up for sale to anybody who will
pay enough to cover the tax bill.
State a Shylock.
IA IL not such a mournfui loss how
ever not to be able to pay on two
installments, as a real property own
er may do, says tho capital News.
The reason is that. attic the state
allows real estate owners to pay tax
es in two instaIlments, ii cancels its
liberality by aniNing a penalty Of 4
per cent upon the sum to be paid the
second time In other words, aitho
the state appears generous in allow
ing payments 10 be made In two in
sediments, it is Shylock enough to
charge a good rate of interest for the
second payment. In other words the
state does the equivalent of loaning
the money to pay one-half your tax
bill on your real estate, provided you
nay the first half i'm cash, but it
takes a first mortgage on the whole
property and charges at the rate of
per cent per annum for the accom-
mediation.
This Shylocl1 feature of the new
revenue law will strike the taxpay
ers more forcibly when they come to
a realization of just how it works.
This is the most novel feature of
the new revenue law, either, accord
ing to the assessors who have had
time to figure ii out-that is, as near
~ as the thing can be figured out,
they declare.
Assessor Collects Taxes
The county treasurer collects the
real estate taxes, for which he is com
PEELED to maintain a force of depu-
ties writing receipts. The assessor
collects the personal property taxes,
for which he must maintain force
of deputies writing receipts. which in
name and other features are but dup
licates, of the receipts written in the
treasurers Office.
Not only this. the assessor must fix
the valuation upon the personal prop
erty and must collect the taxes and
then, after all this is done, he makes
a report and the county commission
ers meet as a board of equalization
to equalize the values Of property up
on which taxes have already been
made Their work then goes to the
state board of equalization. which
takes another squint at the valua-
ton of the property. They certify
back through the various channels
the results OF their labors.
II, after all this is done, it is found
that the assessors guess was a good
one, that will settle the matter. but
IL IL is found that the assessor did
not fix value high enough. then he
will be sent out after the taxpayer
again, who will be compelled to pun
gle up some more money OF have his
property seized for the balance. If,
however, it is found that the asses
sor fixed a value too high, then there
will be rebate ordered paid to the
taxpayer.
Real estate taxes do not become de-
linquent until the first Midday in jan
uary. All may be paid without penalty
at that time. or one-half may be paid
then and the other half next July,
but a penalty of per cent is added
for the second installment even If
paid when due in July.