The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-12
PLAN TO
AVOID DIRECT TAX
Bills Under Way, He Says,
Will Bring 100000
in Revenue.
IN. Y. CITY PORK X

-
BtMrRA. N. T., April lin an ad.
dress before the Chamber Of Commerce
tonight state Comptroller Eugene NJ.
Travis explained proposed legislation now
before the Legislature by the enactment
Of which II will be possible to avoid .
direct tax next year. The Comptroller
particularly referred to the bill restoring
the provision Of the Inheritance tax law
relative TO estates OF non-residents and
further amendments changing the
amounts upon which the rates were
assessed.
Bills carrying out these recommends.
tons which will incredse the states
revenues approximately 100000 are
pending. n the Comptroller said ne was
confident they would be passed. He was
not so confident. however. about the
enactment OF tho bill which ne caused to
be introduced giving him power Of in
v~estigation and audit Of counts OF
legislative committees and commissions
Explaining how IL will he possible to
increase the revenues from the Inherit
ance tax by the amendments suggested
the Comptroller stated:
THE method OF increase by this bill
10 that the I per cent. rate Of taxation
applies to all transfers by decedents
above the sum OF s250,0 900 instead Of the
81. 0o0, 900 limitation at present in exist.
cree. and II Is estimated that this change
will result. in increased receipts OF about
81, 500, 900.
TAXING NOn.resideuts q.
The other bill restores the system Of
taxation upon estates OF non-residents
which was In force In this state until
the amendments OF 1911 were adopted,
which put a premium upon non-resi-
dents. Of which many persons actually
living in this State have awaited them
selves and by which our venues have
been largely reduced We estimated an
increase In receipts II this bill became a
law OF between one and two million dol
lars annually.
you have all seen repeated editorials
and statements from the f~iuapcial Of
ficials Of tho city Of New York cr!ticisinG
the State Administration and the Legis-
lature for levyins a direct tax last ear.
of which the city of New York pays ap-
proxiInately 20 per cent. Tho tax educ
ton committee of New York city. In a
pamphlet demanding Justice Tor the city.
proposed several bills by which the state,
by the assumption OF various expenses
such as the cost of supporting normal
schools in New York city. the cost OF
regulatory work of Public Service Com
missions in New York city, allowing the
city the proceeds OF the stock transfer
tax and one-half the motor vehicle tax,
would lose the sum OF $500. 900.
This loss was to he more than made
good TO the State Treasury Ivy a gain
through the repeal of the state aid law.
improper appropriations for local I'm
proveu,ents and by new revenues from
amendments to the inheritance taN law,
by which m aggregate OF 1000. 000 was
to be realized, OF which $4,000 90 ts the
increase estimated by the Comptroller 40
coming from this amendment.
Notwithstanding this statement. when
the bill providing for the relief q! the
city OF New York By inroeing a tax on
the Intangible property ~ NONRESIDENT
was introduced, these same persons APP
Seared I'm fun force before the committee
on TAXATION and opposed the PASSAGE OF
this bill and their opposition was OF suct
weight that ] regret TO say the bill vii
not be reported. and this very desirable
legislation will not pass at this session.
No Direct Tas Needed.
"1n the conclusion that Il direct IA
y ould not he necessary or II found to h
necessary would he very small, " wa.
assumed that legislation would b.
enacted for a renewal tax upon the ex
einption of secured debts. and also tina
the additional - per cont. liquor ta'
imposed last year would he coHtinue'
another year. Aftc~ review ing the AZ
prorriation bill as presented 10 tho leg
~islsture by the financial committees O
both louscs, and after revising III. esti
mate OF revenues ~ ~ 10 include tn
additional eApsrivncr NJ four months
, an, convinced that my conclusion -
last December was correct and that ~
direct tan will ls necessary ~providin,
the pcudIuc legislation for the revenue
5 ~ enacted " this expectations is 10
fulfilled tl. hi an" must rest Il. tho fail
ure to enact the raveuu. legislation roc
commended 10y tho comptroller
Mr.. Travis slid there were a gre'
number ~ disgruntled men 'indine faul
with in" appropriation. This is tn
sort %; STAT appropriation common,'
designated under the vulgar appellati ol
Of pork New Sorit city comes Forwar,
just as eagerly and pcrsIstentlv as an
other locality fo- It's "nurIks OF pork
Another group Il fault finders are tn,
Disappointed apostles Of fad. whose the
ories, carried - tho utmost extreme, con
; template physical pcrfs"ti"n and mora
purity nv y generous use Of tho stat.
, treasury