New-York tribune., 1915-12-16
Will Be Small if Levied al
All, Says Controllers
Fiscal Outline.
S13O,574.l5 MORE
ASKED OF STATE
Appropriations Requested Total
S7O,223,312.0l-TranSfer Law
Amendment Urged.
rsy telegraph to ne Tribune J

Albany, Dec. 15.--A direct tax may DC
unnecessary next year, in the opinion
of the State Controller, Eugene NJ.
Travis. Even II such a tax is laid "
will be small, he believes. In COM
munication to the Governor and Legs
lature which accompanies his transmis-
sion of the tabulstion OF appropriations
of $40. O.223.Sl2.Oi requested by the va
rious branches of the state govern
ment, he says:
an reaching the conclusion that any
direct tax next year will be very snia'i
and perhaps unnecessary, | nave IS
sumed that the amount OF money re-
ouired for the state government. during
the current fiscal year will sufhce Tor
the one that is to follow and that the
same statutes for the production OF
revenue which have been in force TINS
year will continue for at least another
vesr. have also assumed that the
recommendation for an amendment 10
the inheritance tax law will be adopted.
and that there will be legislation con
tinuing the tax on secured debts which
became imperative November l Of this
year.
Sees New Sources Of Revenue.
"The Controller is cognizant OF the
probability that new sources OF revenue
will be provided as a result OF the thor-
oueh investigation now in progress py
the Joint legislative committee on taxa
ton. and is confident that there VIII De
that will be Just and equitable
Tho recommendation concerning tne
inheritance tax law is to restore the
tax on non-residents as II existed up u
developed some new avenues OF reVen ue
1911 and to change the present graueu
rates OF taxation.
Controller Travis says that even II
there are no new sources OF revenue
reported by the legislative commi,I,..ee'
the expenditures might be a mtlllo"
dollars more than he has allowed lot
in his estimate and still require cnIS
very small direct tax and perhaps Zone
The appropriations requested OF the
Legislature are divided as follows: Ap'
propriation bill, s36,950, ,SO3.O9; den
c;ency urior to September 30, 1919
/ 87.673.91; supply bill, S2,12S,'oo'S''
special bills. $3O,056, ,0S477.
This. says the Controller. is an IN
crease of S130,574.15 over the amount
desired from the Legislature OF 1910
and S6,226,040.15 more than was appro-
priated by the Legislature OF 1913. In
cluded in this amount are the estlmst-
ed requirements of sl2,469, ,234so toI
retiring the debt Of the state, when Is
a net Increase of S2,S57 ,720.43 over the
amount appropriated for that purpose
/ by the Legislature Of 1915.
State Would Gain Millions.
"The transfer tax law, commonly
/ known as the inheritance tax statute
/ if amended by restoring the provisions
il contained until the law Of 1911 rela'
tive TO the estates Of non-residents, win
further amendment clarifying the
definition Of a resident and non-resi'
dent and reducing the number OF eX'
emptions. even while retaining the
present graded rates Of taxation, would
increase the states revenue from tao
tax by an amount estimated at SZ,OOo,'
600 annually. TO which S2,5OO,OOO can
/ be added by adopting the rates OF tax
alton recommended by this office last
I ,oarD continues the Controller.