New-York tribune., 1919-04-18
Senator Walters Regains
Full Control and Fixes
Programme of Bills to
Pass and To Be Lost
Teachers to Get Raise
Real Estate Inpost To Be
Limited; Smith Transit
Measures to Go Through
Stafj Corrcspondsnce

staff CORES spondsNce
ALBANY, April II The strife
which has retarded the progress of
the Legislature for two weeks is over.
The majority leader. J. Henry Walters,
is again in complete control of the
Senate, a definite programme of
bills to pass and hose marked for
slaughter has been agreed upon. Gov
crnor Smith Will send emergency mes
sages on the tax bills. so they may
he passed Immediately. This means
that the Legislature will adjourn
Saturday.
The tax bills slated to pass are:
A graduated state income tax, the
rate ranging from l TO per cent.
This impost is estimated to raise
S45.00o,0 900, half of which is to go
to the localities in which it is col
lected.
a tax on all business corporations
Increased from to Az per cent,
which will yield S1S,00O,0 900
Limiting the tax on real estate
in cities of the state.
A nonresident decedent bill,
which will impose tax on estates
in this state of persons who die
elsewhere This is calculated to
raise S3,O0O,000
Exemptions Same as Federal
The income tax bill, which was
agreed to after a conference last night
provides the same exemptions as in the
Federal income tax law. The tax is to
be l per cent on incomes from $1,000
TO $4,000, , per cent on incomes from
500 to $4,000 and per cent above
100000
The bill as originally introduced by
the Davenport Tax Investigation Com
mittee fixed a flat rate of per cent
The tax will bc levied on nonresident
who earn their incomes in this state
on state and municipal employees anC
officials, and on the incomes from IN
tangible property, such AS stock, bonds
mortgages and secured debts. Be
cause Of this, investment taxes will be
removed. The tax is to be levied OF
incomes for the present year the col
lection TO be made next March.
The business tax, besides increasing
the rate. extends il from mercantil,
and manufacturing corporations to NJ
business corporations. The tax i:
based on the entire net income. Tn,
bill passed the Assembly to-day.
The bill limiting the tax on rea
estate varies the amount that can b,
raised from this source in the diff
terent cities. It provides that onl.
6S per cent of the total amount o.
the taxes in New York City can b'
raised from real estate. Edward
Doyle, OF the Real Estate Board of New
York. said that this year the rate OF
real estate would be brought down t.
1.61.
The legislative leaders have agree,
TO pass bill. introduced this week b.
the Senate Committee on Education
Senator Walters said that the leader
were made to realize that something
had to be done to obtain a sutiicen
number of teachers.
The minimum salaries in New Yor
range from $1,005 for kindergarten an
first year teacher to $4,000 for priU
cipals of training and high schools
The bill will add about 38,000,00O to tn
New York City budget.
The Governors Public Service Con
mission bills are also slated to 6
through.
The Blakely fremen's threc-platoo
bill for cities passed the Senate. TT
measure is optional, leaving it to Il
voters TO determine if the three platoc
system shall be adopted. Other bill
which passed the Senate are those
Senator Bowling eXemptIng women r
porters and writer's from the provision
OF the labor. law, the Hewitt bill il
creasing the registration fees of mot
vehicles and the Do,Yling. measu
abolishing the Court House Board
New York City and transferring
duties to the Board of Estimate.