The weekly times-record. (Valley City, N.D.) 1912-1922, 1919-04-03
TAX FIGURES GIVEN BY
F. E. PACKARD, READ

Editor, ImesR ecord
Dear Mr. ubshaw: have read with interest the
A. A x o 3 % con cs W. No
good DOCTOR but aiad he good satclan and
missioner in close touch with the finances Of the state and
bred desire be in the thick of fight which going
only excuse for breaking into this CONTROVERSY.
According figures compiled by Mr. Lyman A. Baker,
tary and statis1 Of the North Dakota Tax Commission working
AUTHORIZATIONS by the legislative assembly to meet the normal
expenses Of the state for the ensuing biennial period
Appropriations for building and extension of
Revolving APPROPRIATION out of fees and license funds
Deficiency appropriation n.................. 25646OOO
For industries banks elevators, mills 6S40ooo
Standing appropriation ACKNOWLEDGEMENTS. 36O000
$780, a85 90
To this he adds onea1f mill levy soldiers 81 2oo
oooOo Estimate OF bonds be issued $9oooooo This would
qre annually interest and sinking fund evies the
indebtedness The old Indebtedness of $214000
total levy for interest and sinking fund TO rte biennial of $2o5
He estimates tabe land subject to the hail insurance tax
at An annual tax of &c per would therefore
result Of 100000 annually for the BIZ
enna period. To recapituate
1lrect appropriations 7,9O02 02s5:oo
Interest and sinkm fund 139 0oo 0o
Hall insurance tax OBSERVATION-DISCLOSURES. 1,SoO0oo0o
Total appropriations and levies by the legislature
s 5H5 sne as Gsna ayant ?S1S Sc s M o. m ;
cd s BY the S aPmb dr M and eusn yf
PERIOD increase of Ss 73o ?31 or 9tr} Der cent N
Quoting the official of Mr. Baker "The average as
sessed valuation Of property state in 1918 was 54s
per acre or SS'6so per quarter section Assuming land will
% S 1919 TO will be- e! cent 6c aret
section In 1918 the state levy B mills and the on an
will be 35 mills incdng provisions for interest and sinking
s2 WINCH wi Will mean Of $40 p cton
AIR. Baker thus admits III per cent in the state
does eS "o % pR in n'fS M os tax 1t ~ will be note that he
ss per adding @ we !sx get a' total % per ta acre 6
q per quarter Sect'on OF Slo6 per cent
den o w n be 9ot1d % that while the total the
acre property This the shifting OF the tax hrden from u
br in peenast aTss ree c Me11n n this shift Of incidence
~ Sa EoR:on % RbFY C Il; % fK for ri 1919 than for 1s1s
lhe above deals entirely the state tax burden T. i; ;
eesng to note that the proportion all taxes paid for the at
eennre but that o S to ccorn Go i5 cent m I'VE went % to- meet state
naRe1 more than II Per cent of the direct levy will 60 for state
state and local. o s2o39os Mr. Baker esates n fnf
TINS will increase for 1919 an increase Of S. 24
334 s27os per In foot note however, Mr. Baker calls
attention the fact this does not include the hail insurance t
OF sc per acre fees and licenses special corporation taxes in
increase will be n the T a nSranes nsST nsdea M
which is direct burden get increase of ST. 324
334 Or sc per cent of the direct tax burden of 1918
This is ALL beginning with year. 1920 there will be an
income which will be applicable to farmers as we'll as business
professional men, This will fall especv eavv unon m Nob
Dakota retailers professional and farmers The Investment
Company all income from mortgages on North Dakota
real estate and insurance companies from the operation
of this law 49,.
thS t M e es;sar sn ms Sed e @ re very @ @ WHILE true
friends The State of North Dakota since statehood has
or four times observed the constitutional levy limit If the
board of equalization does comply with the constitution how
expect county city and district levy boards at
tenon Unless organized effort made it my
Judgment that the burden will Upon property so
per upon other classes Of property proportion 1t
grave stuaoi which unless properly handled will work
real hardship upon the people Of the state.