Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-12-09
MOORE ADVOCATES
RADICAL CHANGES
IN LAWS ON TAXES
Would Remove State Levy
on Tangible Personal
Property.
RECOMMENDATIONS
IN ANNUAL REPORT
VIII Also Seek Reduction in
Rate Now Affecting Invest
ment of Capital.
ANTICIPATES EIG nEvEN +
Believes Income for Fiscal Year OF
1913 VIII Reach Sum OF
SS,OOO,OOO.

------
When ,n. r:orc,,l ,e.on,,y az v,r
rini. meets an January . S,atc Audi
tor of Public Accounts a. Lee Moore
viii rccommcp1 tho entire rcnoya, of
,hc state ,,x ro,~ assessed ,,nou IAN
Chile ncrson.I nron.rtv This and
other ;mnort,n, recommendations af-
fcc,ipr The Comr,onwoalths tax laws
will he advocated i'm his annual rc-
mort. according 20 announcement made
yo,,c-d,r
- ,,oo
~.
I,,.,t1 lcs,,,, h,',,,t,,, ,,,,,
- a..
me propose" ie'u't'oHS' MI Moore
"eHeNoS. WI! cause 'a"paEef5 l" re-
"Pehn h'er"hE IN Reporting property
'or ta""tio"'
Another interesting change which the
state Auditor VIII advocate VIII be
the placing OF tho principal cost o:
makinE tho assessment, upon the coun-
tics and cities affected, because they
derive most u their entire revenue
ir"m the reasa"ssmoht which allows
them greater revenue from t"Nation'
and 10 r'l'eN" ihe Htats OF th's burden.
Mr. Moore said that tho probable
Income Of Tho state derived from fevc-
hue for the support "i me government
during the fiscal year ending s'eptem-
bcr 30 lelS. would be app?oAiinate!E
Ss.deV'"o". and he estimated ihat III"
disbursements. based on present APP
preparations WIN no provision ma"c
ior improvements Tor stat" hoApita!s
ana institutions W"uId approximate
''s"'''VV.
H'h''IH VIZ H''"'-'-""
SEEN NJ Ind of 'tAH
3hvlId inc expectation ~ ar Moore
ne Fe"'@c"' atIoF"'hS |" ms cS''n'" 'c'
INC surplus III nv tca"n'! |" 'hc
'Eo"'' "l tue echSf"' 'uh" "' INC .o'h-
h'oh"'a"h a' 'ne ''oSe oil business
9'p'cnh"er ~ i''e' Wiz "e increase"
~ I> ''''.,'v'! N"'In '.'''ou"',
80 s,o-.... i,
surplus in the treasury at the close
Of business September 30. 1918. APP
proximately si.oi2.25GGs.
In view OF this splendid showing. If
realized. Ais. Moore was asked if h.
were making in hts report any rccom-
merdation tV the General Assembly
relative TO reduction in the rates
OF state taxation, ana he said
am rcc"mmcndinG the Genera!
NSScmbl! remove cht'IeE inc state
IAN now assessed upon t'hSihic per-
Son;l property. "hi'h IS ~ cents on
the Hio' "sScs'c" N"'"''''n' 'hnS sec
'eS"''hS '"' 'eN"''"' s"i''! u! INC
'oe" NV" '"''- W. p't '"'''i property
"""t''"t sep '"""r"a '"'nP'ttc ScGrc-
-"''''' 81" 60" '''''"'"'"u'''7 'i'"
~. ''' '"'u
4 - '"' ~ u'"'
,a,,,o,, s'., :"
s,oo .,.,,.,o,
<,.,,,,,,i,, ,,,., ,,,
,.v.,i,n -, .,,i,,, h r,a,l,,, 60,
n "a "a c.n,. m ,no s,no ,..o.,,i
~.,ua,iou ,bosc ro,l,,c,iou. 20 H. c.
i've ON and after Echr,,,.. ,oIo.
,,, v,,,,. u,n,c.r,ox
n.r,. ,,,
-! ~ VI 'i"S ""uc'
" ~ P''P''! Vi ''I
"'' ." ''i"'' =" y! '"' ''"' " '"e
49, u" """ (" "''o'u p"' 'p''e' ~ :
e'''',,H an" ~ Ne'' 10 '".''''-
"N"'s - '"' ''",t
N''' ''o" "!' ''H''''
CIV" ""' ~ "'."e l.
go
,',, - '"'
t"' mn 40, ''''
rc""e''o" !" "'a'e 'aHa''o" Is Almost
at mana because INC estimate vi re-
ceipta ana disbursements Tor the fiscal
year. which commenced October |,
1917 indicates the revenue Will APP
proNimate Ss'6oo'ooo. and the disbursc-