The Bourbon news., 1913-10-07
Constitutional Amendment
To Be Voted On In
November
EQUITABLE SYSTEM DEMANDED
Last General Assembly Passed an
Amendment to the State Constitu-
ticn Relating to Revenue and Taxa
ton.

General Assembly in Kentucky passed
an amendment to the State Constitu-
ton relating to revenue and taxation
with view Of abolishing the anti
quated general property tax and sub
stituting more flexible system known
to be more equitable and productive
of greater revenue in other states.
The tax commission appointed un-
der another act at the same session
made thorough investigation and re-
ported unanimously in condemnation
of the present law and strongly urged
the adoption of the amendment by the
voters at the November election.
1t is significant fact that since the
adoption of the present Constitution
in 1891, which provided that taxes
should be uniform on all property" a
large volume of personal property has
disappeared from the assessors rolls
for the simple reason that such prop
least out of sight.
The owner Of a bond, for instance,
who received 40 interest and was
| called upon to pay in some instances
| 212 % or more in taxes either sold his
| bond or failed to return it for taxa
| tion and cash, notes, bonds, stocks in
| foreign corporations and such like in
| vestments are apparently no longer
owned by Kentuckians.
Burden of Taxes Transferred.
| This has had tendency to transfer
| the burden of taxation to real estate
and other property in sight and is not
only unequal but unjust.
! The real estate owner has sought
| to diminish it's value and in order to
| protect himself transfers of property
| for "one dollar and other valuable con-
siderations" has demoralized the true
values and leaves the assessor no
| guide to follow.
: Our citizens have unblushingly
| omitted such items in their returns
! for assessment and have felt justified
! in doing SO.
! The finances of the state have fall
en- into confusion aLl revenue agents
|
LIBERALIZATION" have failed to discover
such property and secure their assess
ment.
Under the present law every man is
practically his own assessor and the
courts have sustained the practice, as
the law permits no other course.
General Property Tax Desirable.
Other states have long since recog-
nized the inefficiency Of the General
Property Tax" and in these states we
see enterprise rewarded and wealth
accommodating, while the tendency in
Kentucky has been to hide our light
and incidentally our valuables for fear
of the tax collectors discovery.
Our progress has been retarded.
| Our population diminished and aside
from the land owners and some mer-
chants We do not seem to have much
wealth left in the state.
Money like water flows along the
lines of least resistance, and if We
throw up a dam, however slight, it
will be diverted.
Such a trifiing obstacle as taxes, II
unequally distributed, may prove to
be barrier of insurmountable propos.
tion3, however insignificant it may
seem from casual view.
No one desires willingly to become
q law breaker, a deceiver or an eva
der, and yet he must be all of these if
he follows the old maxim, when in
Rome you must do as the Romans do
Is this true? Go look at the asses
sors books and see where men who
are known to be wealthy get off by
paying little or no taxes on personal
property assessed by themselves.
4 Do self respecting men care to fol
low this example?
A shreWd business man may have
large investments in bonds and fail to
return them for taxation by many well
known practices of evasion. He re
ceives the full return on his invest
ment.
A widow Or orphan may be left
bonds and the estate may have to be
settled in court. The revenue agent
finds it out and sues for omitted as
sessments of former years and the as
SCISSOR puts them on the tax list. The
widow and orphan are compelled tC
pay two or three per cent in taxes and
live on the remainder.
Is such a system fair?
Taxes, in a free self-governed coun
try, should be the least matter to wor
ry about and yet they can be made sc
unfair and irksome they drive people
away and keep others from coming in
This is happening all the time in Ken
lucky.
We have chance to remedy this
! evil and if disregarded now we will
have to wait another five years before
it presents itself again.
1t is clear duty to vote for thi:
constitutional amendment at the No
) yember. election and every citizen il
the state should vote himself and urg,
his neighbor to do the same if Ken