The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1915-03-05

should BE- abandoned. II was suggested
~ The meeting OF the Federation Iu
Washington. where such distinguished
men a. Senator Elihu Root. Honorable
seth Low and Honorable Alton H Park
- were present. that the income tax
Idea De substituted In whole or iu part
this method to your attention In my
Iinrr message a. 20 its application "a
corporations. This idea could De made
To- apply 10 individuals with ur without
a minimum exemption.
The Increase II the corporation chart
laF session m my opinion would be de-
trlmtutA 10 the source OF revenue and
tend 20 reduce our Income from this
source rather than increase it.
The present Law. which was PASSED by
your honorable body at the late rpEuIHr
session 2f the Legislature and Of which
ministrstion 81 our accounting depart
ment and directs that each fund IN the
auditor onice be kept separate and
apart This will insure our stat, being
run upon business like basis. 80 that
a the close or each day a balance can
be struck and the citizens be- Informed
OF the states real financial condition. as
- REQUIRED by section or article 10 OF
the Constitution
Many Reasons For This.
There are many reasons why this
people Of the state was focused upon
TINS phase Of taxation by the report OF
tne IaN Commission 81 1909, which con-
sisted OF Honorable Henry q. Davis for
mer United states Senator and tho can
dldate OF his party for Vice President OF
the United states. Honorable William
y. Hubbard, former Congressman. a
lawyer OF very great ability. an eNpcr-
fenced legislator and a gentleman large
~ acquainted with the business inter-
ssts Of the state, the Honorable JOHN
u. Holt. one Of OR ablest lawyers and
who Was e candidate OF his party f,u
Governor % the state. the Honorable L.
n. hs.H s.N.H
lawyers and now one Of the judges Of
the SUPREME Court Of Appeals. and Cap
perience in legislative affairs ~
scholarly attachments. a practical and
Succs sSful farmer. and gentleman OF
excellent sense and discretion.
W" would have expected from such y
commission. giving To the subject A.
ineN I'D, q great deal Of time and at-
tsntion. including hearings az many
places DO the state, an able report And
such is their report. especially along
the practical side. II was a C0nServH-
tive body and they recommended a.
like 10 have recommended. Considerable
space In this report. both lu the pre-
llmlnary ana the hHal report Is taken Ip
ln the discussion OF the propriety and
necessity Of the abolition or an taxes
on pr"rsrty for state purposes. Tn-
this ought 10 be- done. and the reasons
which ] shall give Immediately arc
mostly condensed statement Of those
w NN NHAH .NhlN NffIflII HNlUN.
IT d. impossible. iU the nature Of the
case. Co. obtain even approximately equal
aga .hit1rm assessmeut ~ the property
OF tie hftN-hNe counties N the state bv
amy practical method Of aess4srrerf Tf
never has been done iu West virginia or
ELSEWHERE and never will be- done
iHN when part 81 the property iu one
county ls assessed az uUs-fHurrn OF ffa
value. in another at ous-H3If of its
N1!u" iu another 40 thrse-fuurtHs Uf it4
III H...
Ten Thousand dollars assessed value ~
property would yay under uftsar cent
the second county $3.50. iu o., fhi~d
county tlI.-5. and ir the fourth county
s.'.gg ls this uniform taxation" ~
would De- impossible Co secure au equal
H7s"sEment % an property in aI tho
counties Much could be accomplished
toward this end. however. by q state
equalization board with broad powers
Many Kinds OF value.
There ar" many kinds ~ values that
cannot o. reached hE % direct levy and
|Eain there ar" certain Investments that
require greater sNT lnditura OF public
FUNDS FOR their protection or regulation.
The money Invested iu home should
NOT h.Hr the same rate or burden a. tho
money invested Boo an enterprise that r.-
puIr's large expenditure Of public
money 600 itz account Tho money Ir.
vested Iu o. home should not bear tho
s7u" rate "f burden as The money Dr.
vested boo AN enterprise that .rEGt4
greater returns un tr. in..afr..rf
When NU consider The usual great DIFF
f'r"ur. of opinion uf men He fH .fhu r4TH.
'il1n "l Eivtn piece OF property with
wtIrn They are nl' acquainted. and IuJa-
f'd in their own neigh hurhuUd and vr
multiply that By ufty-rigs. and AGAIN
wuIiiIE that rs the large varieties az
property md take into confederation
maj ih" H1HrseHr Hra MOT tH. fIm. fH
nnk" an Irvrvfi.HIIur ar each uIer. ur
property We will no.. tho hurrIraar.aa .f
occurring hE such method I4HHfIfr urI.
fHrUIfE nr Justice
l.s1I estate Del ImwoEabra and visible.
NnI in'l Tore DO cannot b.. hidden aud
Del more Nk'Ir fs Do. l......I at o. fI-..rs
nearer Itr fHlu. than personal rruu.rty.
NN|.H D. move n'. Huu H IIrE. urHrHr.
ton ~ which IH called Intangible. such
g. money. bonds notes Hud other rfrurI-
fifa which can o. and ore hidden Hence.
We always find chat real estate rara AZ
NN NH1| proportion ~ fIErH H. .HHrIrfT
WIN r.rHuuH| property. HrI v, sfa4lH
iInn 'NIf fruEIN.H personal property
nH Ll un.YunI proportion af taxes aa
alwHrs nrI. fHu frrt .f d. ~. r.4r ..
Cot. ~ fHH smaller value. fHHf d. Ha.
N.fN.f .n proportion Cham hold.
inE. o.. HrE.r EHIu.. The home Hr
.inE which worth under (. 600 'a
200 relatively EiEHUr than
r %. dwelling. and mansions worth fr..r
= N"It NnHH. and fHI content. HF f.. hmm.
Dior .W'.IrEH and homes Hra HTHHH# 4u.
relatively H.rh.r fHHr fn. cone
f.nI. oft fn. house. OF fH. RICH Do fa
perhaps uHfurHI usf DO Should o. ..
When Iu Ha.....r looks Ht piece .|
lf"rtrf| worth" .H" al" 600. HH .Hr" F.
p .'..fIi 'hHI GOO. bel MOI mi Jorge .ur and
.H' 'k.. VIII r"f H. N.H.E and fF.r..
nearly Doe value. bur wHrn be- comes Ir
contact with re- house worth Frr 600 HH
1r'iiHf"7 fn ruf down fha large value