The Richmond Virginian. (Richmond, Va.) 1910-1920, 1919-08-26
REPORT IN FULL

~ che Senate Finance Committee;
Msg1 our subcommittee appointed un-
- Tie resolution offered 10y the
tenasur- from Accorac, desires to re-
39S N follows:
III Wa have attempted so far as prac-
stotSblA to reach those sources of reve-
.Ss0as which in our Judgment under
1F1nsne conditions. can best bear in :
creased proportion OF taxation. we
(lQre not gene into Items producing
sery little revenue for the reason that
AsNe beheye that the increased revenue
14yat., might be derived therefrom
i yupuld not he sufficient to merit the
HD0fessed trouble in considering them.
Nae connection we refer 10 such
1oErces of revenue as peddlers' IL
Ekf1Ess and sources OF that kind,
We have however succeeded in
& nneparing bills which we think will
t<lees all the needs of the state high
lay system and also state aid for
t}bun.y ROADS, and we further believe
Mat the burden OF taxation have not
f&een unreasonably increased.
III We beg to Submit the following.
MI F-frs,---Ws have provided that there
0hai1 be 4 tax Of seven cents on the
ne hundred dollars of the assessed
value on al subjects Of taxation list
Nd In Senate Bill No. 6. which will
S{Drocuce nm estimated revenue for
2oads embraced in the state highway
t3y8tcyn, according to the auditor OF
bubble accounts, OF si.245.371.S6.
JE These are the same subjects OF tax
ALTON which were used at the last ses-
selon OF tie general assembly for the
purpose OF raising revenue for roads,
3chools and tuberculosis
u 0econd.--We advocate a fifty per
i6out increase on automobile taxes for
. hpo roA IN hiYh
4ystem. which the auditor OF public
accounts estimates will produce a
s&evenue OF 1850. 900. In addition we
Hocommend further 20 cents on each
Horsepower.
34& Third.--We further recommend an
" increase of one cent on all income
f4n excess of three thousand dollars.
4 which will amount TO sT12.5s5.57.
III We believe that incomes OF less
i Than three thousand dollars should
hot be further taxed at this time. on
account OF the high cost OF living and
sthe excessive burdens which salaried
linen have to bear due to conditions
Il hrisiug az necessary result OF the
late war.
Fourth. eighth OF one per
gent increase on the gross earnings OF
srailroads operated by steam will
Spmount TO si23.soss4.
fllH.-NE can see no reason why
tfxpress companies whose license taxes
sDhave not been increased for some
Rhine Should not bear their proportion
tAte part OF this burden. and we. there
fSore, have Increased their license tax
Il nne-kalf of one per cent which will
4 produce in revenue s20,55s.69.
III Sixth. Steamboats, during the
4 period OF the last three years have
knjoyed extraordinary prosperity.
Shnd we believe it only Just 10 increase
EAheir taxes three-eights of one per
1cent. which will amount to the sum
fIof $<.262.64. which cannot impose
ftan unjust burden upon this class OF
AxAble properly
MERCHANTS TAX
Ii Eevenths---In view of the facts that
fHhe auditor Of public accounts re-
{ ports that there are $40 out Of 30
400 merchants in this state who re-
fWort that they do not purchase more
skhan one thousand dollars worth OF
s&oods year. we believe 1t advisable
ito increase thisstax five dollars max
Ting ten dollars the minimum tax. 1t
I ts very hard to, KAlieye and requires a
ftgreat atFetch ofthe imagination to
ffc0ncetve that thSre should be $3.50
tkpArsonS In the state of Virginia doing
S5husinese IS merchants who do not buy
ignore than enc Thousand dollars a year
ssfof goods, wares and merchandise for