Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1919-08-27
ana three-fourths ner cent

Id On the nth one thousand
dollars or any part thereof. two
(c) On the sixth one thousand
dollars or any part thereof, two
and one-half per cent;
I'D On the seventh one thousand
dollars or any part thereof, three
(e) On the eighth one thousand
dollars or any part thereof. three
and one-half per cent;
I'D On the ninth one thousand
dollars or any part thereon, four
per cent;
(g) on the tenth one thousand
dollars or any part thereof, four
and one-half per cent;
lh( On the eleventh one thou
five per cent;
Cd on the twelfth one thousand
dollars or any part thereof, five
and one half per cent:
Cd On any sum taxable as in
come in excess of twelve thousand
dollars, six per cent.
Cd In addition to the normal
tax imposed by section 10S7m-6 of
the statutes, there shall be levied,
collected and paid upon the i'm
comes of corporations, joint stock
companies or associations. except
as otherwise provided by law.
Surtax on taxable income computed
at the following rates, to wit:
On the first one thousand dollars
or any part thereof. two per cent:
on the second one thousand dollars
or any part thereof. two and one
half per cent;
On the third one thousand dol
lars or any part thereof. three per
cent;
On the fourth one thousand dol
lars or any part thereof, three and
one half per cent:
On the fifth one thousand dollars
or any part thereof. four per cent:
On the sixth one thousand dol
lars or any part thereof. five per
On the seventh one thousand dol
lars or any part thereof, six per
cent:
On all taxable income in excess
cent
(3( In computing the tax upon
income of corporations, joint stock
companies or associations, there
snail be deducted, before such tax
is computed. from the net income
an amount equal to six per cent of
Its capital stock. surplus and un-
divided profits.
"a The surtax provided for
herein shall be upon the income re-
celved during the year ending De-
cember 81, 1918. and shall be re-
turned, assessed and collected in
the same manner and at the same
time as is provided for the return.
assessment and payment of the
normal income tax provided for
under sections 10S7m-1 to 1OS7m-
80, both inclusive, except as other
wise herein provided.
(5) Deductions and exemptions
as are provided by law in the as
SeSsment of the normal income
tax under section 10S7m-6 shall be
the same with respect to the as
deductions and exemptions shall
not be additional thereto and shall
only be made once.
co In the collection of said sur
tax the tax collector shall give his.
separate receipt therefor and there
shall be no Offset upon the per-
Sonal property tax. and section
lOS7m-26 shall not apply to said
Cd The whole amount collected
as surtax shall. through the same
channels as other income taxes are
paid. be paid into the state treas
ury. and section 10S7m-23 of the
surtax. The amount so paid into
the state treasury shall be set a.
part for the service recognition
(Sl The service recognition board
shall estimate or cause to be es-
tlmated the amount which may be
collected under this section and
determine. as nearly as practicable
the balance needed for said fund,
taxation or bond issues as provided
by section 2 of this act.
iCIlON 3. There is appropriated from
the service recognition fund in the
milton board:
CD Such sums as may lie neces-
sary to pay each soldier, sailor,
marine or nurse, including Red
cross nurses. who served in the
armed forces of the United States
during the war against Germany
and Austria, and who at the time
OF his or her induction into the
service was a resident of Wiscon-
s Sdns q sum not exceeding ten dol
with a minimum of fifty dollars.
VI Such sums as may be neceS-
sary to cover the cost of admin
STEERING this act.
iCTION 9. A special election shall be
neid on Tuesday. September z,
1918. at which the following cues
ton ton shall be submitted: Shall
Inere be leyied in the year 1918, a
mill tax OF not to exceed three
mills on the dollar and an income
tax sufficient to raise an aggre-
gate sum of approximately fifteen
million dollars to be paid by the
STATE 70 wisconsin soldiers, sailors,
marines and nurses as stated ii,
chapter 667 or the laws of 1897
iCIION 10. Such special election shall
pc conducted, held and noticed and
Inc DailOtS TO be used thereat shall
De prepared, printed and distrib-
uted and the ballots cast thereat
shall be counted. canvassed and
returned in the same manner as is
by law provided in the case of the
submission of a proposed consti~
tutional amendment to a vote Of
the people. The state board of
canvassers shall not meet to can
vass such election returns. The
secretary of state shall within ten
days after the receipt of the re-
turns from the different county
clerks canvass, certify, record. and
publish as in the case of y consti-
tutional amendment the number Of
ballots cast in favor Of such pro-
posed recognition and the number
or ballots cast against such pro-
posed recognition.
'CTION IL. If majority of the
votes cast at such special election
are in favor of the recognition Of
Wisconsin soldiers, sailors. marines
and nurses as provided upon such
ballots, then the necessary taxes
shall be levied in the year 1919.
CTION IL. This act shall take effect
upon passage and publication.
proved July 26 1919
bliShed I1IIv 20 1910