The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1916-10-23


Every oil man knows the ; percent
tax upon oil production computed on
the actual sale price OF oil IS much
greater than the average taxpayer pays
upon other classes of property For
instance, in your Sunday issue was
another interesting article by Mr.. Cor
nelus, county clerk of Oklahoma coun-
tN, carefully written and accurate. in
which he said
1T is not generally known perhaps.
that the average cottage or bungalow
in Oklahoma City is assessed conserv-
atively at about 81 200 A house and
two lots assessed at this sum strike,
= fairly good average OF Oklahoma
City homes The rate. he says. Tor
all city county school district and state
taxes is S27S per hundred" The oil
man coming here TO tins good city to
buy homes finds these houses and lot,
assessed at 81 200 are readily selling
from s. 500 to 5000 This is not un.
usual nor is It intended to criticize
Oklahoma county Real estate is as.
ScSSed about the same way all over
Oklahoma but you see the oil men are
paying taxes twice as great, for they
pay higher rate and the rate is fixed
upon the actual sale value Even this
IS not all for we are hit again by the
state income tax II We die in Okla.
homa the state makes grab into our
estate The pipe line companies that
purchase our oil deduct } percent.
which, they clam, is to cover dirt and
foreign substance IN the oil. etc. We
think this is an unjust charge but we
have to stand il gracefully. II the pipe
line becomes congeStcd and We are
obliged 10 store our oil the tax asses
Sor piles upon us another double tax.
The taxing power is not through with
us vet, for along comes the federal
government and taxes our gross in.
come, cracks down on us corporate
tax and reaches in and takes another
handful out OF our estate Is it any
wonder that many OF the boys pack
their tents and hike away to state,
that still recognize they ought to he
allowed To hold out AT least a meal
ticket for themselves and their iamlieSi
OIL for Generations to Come
II has been stated that the oil pro.
auction is only temporary This {,
made by persons who know nothing
about the business Pennsylvania ha,
been producing oil for over half d,
century Kansas, although oil was dis.
covered about twenty-five years ago.
Is producing more oil today than ever
before and Oklahoma formations are
better and more promising than IN
those states This state will be pro.
ducng a 10, OF oil when every inhab.
liant now living is beneath the sod.
The rapidity and progre" made will
depend upon the spirit and trea,mcn,
accorded those who have the sports.
manShlp to hke the chance Why not
boost the game along' Nothing helps
so many and nothing puts new HE
and energy in community like the
discovery and development, OF oil This
is true because so much is expended nn
the laboters, the teams,ers, machinists,
merchants, supply men farmers, law.
yets, bankers and the business men
Cieanest Money Made.
OIL development puts smile q,
every ones face, for It hurts no man.
bu, benefits all Why not let the oil
man 90 over and drill a well in the
next county wi,hou, so heavily penal.
i,ing him II he succeeds in getting o,l
in making everyone else around him
happy The Standard Oil company
can stand your gaii because It can
raise the price TO the consumer. or
bear down a little harder on us PRO.
ducer,, but the NJ percent Of Us who
are Oklahomans and want to boost
the game along ask the fair minded
citizens OF this great undeyeloped state
to Join in helping to drive on, ipnor.
arc,, prejudice and uniaitne~, and
those who SEEK To spread the. seed, oi
| SANDER, class hatred aud discomfort