The daily star-mirror. (Moscow, Idaho) 1911-1939, 1913-11-19
COUNTY BOARD
WILL EQUALIzE
ONLY SHORT TIME LEFT NOW TO
PAY YOUR Personal PROP
ERTY TAXES.
After Taxes Paid the Board VIII
Meet on the First Monday in De-
cember as an Equalization Board.

Have you paid your personal prop
erty taxes?
If you haven't you would better get
busy on danger of the penalty of hav-
ing that property seized by the asses
sor and sold.
According to the new revenue law,
personal property taxes must be col
lected by the assessor-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.
The Latah county board of commits
sioners will meet in December to
equalize the personal property taxes.
There is no opportunity allowed to
pay half of the tax now and the other
half six months later, as in the case
of real property. The assessor must
have it all now, every cent Of it, or he
will seize the property and put it up
for sale to anybody who will pay
enough to cover the tax bill.
State ShylOck.
1t is not such mournful loss, how
ever not to be able to pay on two
installments as real property owners
may do. The reason of that is that.
although the state allows real estate
owners to pay taxes in two Install
ments, it cancels its liberality by af |
fixing penalty of per cent upon the |
sum to be paid the second time. In |
other words, although the state ap-
pears generous in allowing payments
to be made in two installments, it is
Shylocks enough to charge up a good
rate of interest for the second pay
ment II other words, the state does
the equivalent of loaning the money to
real estate, provided you pay the first
half in cash, but it takes first mort
gage upon the whole property and
charges interest at the rate of per
,ent per annum for the accommoda-
ion!
This Shylock feature of the new rev.
,nue law will strike the taxpayers
more forcibly when they come to a
ealization of just how it works.
This is not the most novel feature
# the new revenue law, either, ac-
ording to the assessors who by this
ime have had time to figure it out
hat is, as nearly as the thing can be
gured out, they declare.
Assessor Collects Taxes.
The county treasurer collects the
cal estate taxes for which she is COM
elled to maintain a force of deputies
4 writing receipts. The assessor col
scts the personal property taxes for Il
vhich he must maintain force OF "
equities in writing receipts, which in :,
anne and other features are but dup
Gates of the receipts to be written in
le treasurer's office.
Not only this, the assessor must iix p
le valuation upon the personal prop f.
'ty and must collect the taxes, and n
len, after all this is done, he makes h
report and the county commissioners f6
eet as a board of equalization to
lualize the values of the properts a,
)on which taxes have already been th
ade. Their work then goes TO the h,
ate board of equalization, which oc
kes another squint at the values of of
is same property upon which taxes he
we already been paid. They certify w
ok through the various channels the he
suits of their labors.
If, after that is all done, it is found Wi
at the assessors guess was a good in
e., then that will settle the matter, of
t if it is found that the assessor did q,
t fix value high enough, then he nr
II be sent out after the taxpayer ho
ain, who will be compelled to pungle -,
some more money or have his prop ~
y seized for the balance. If, how orr
er it is found that the assessor fixed 70
value too high then there will be a a..
pate ordered paid to the taxpayer a..
Real estate taxes do not become de- ov
quent until the first Monday in +b,
nuary. All may be paid without or,
aalty at that time, or one-half may %
paid then and the other half next NJ,
Iy, but penalty of per cent is ex
led for the second installment even an
paid when due in July
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