The Denison review. [volume] (Denison, Iowa) 1867-current, 1920-04-14
!, FARM BUREAU Will FIGHT
NOLAN BILL

A bill now before congress known al
the Nolan Tax Bill" is attracting the
attention of land owners all over thu
country because it imposes a heavy ta3
on land. Farmers are being urged Il
put up a. fight against the bill at once
or they, will get a load showed on then
before they know it. It Is said the
Farm Bureau Federation will deal the
bill heavy blow in the near future
and every Farm Bureau member is
going to get a chance in the blow The
main feature Of the. bill is as follows
and President Howard of the, Farm Blu
reau Federation is sending out letter
of explanation to every township or
GREFERENDUM NO. i
American Farm Bureau Federation
Authority: (Artfcle VIII, Section o1
the constitution reads:) The executive
committee shall have power to con
duct referendum vote on any matter
Of national interest. 4
Pursuant to- a resolution approved by
the executive committee March Z, 1920
the following is referred to the Farm
Bureaus Of The various states.
i Subject: Feb. Z, 1920, Representative
Nolan introduced in the house Of rep
3resentatives d bill to provide for the
raising, Of public revenues by a tax up
on the, privileges Of the use and enjoy
-menteof lands OF large value. Section
i Of said bin defines land to be the sur
face Of the ground with all assessments
In, on and over game, includes forest
water rights and minerals, and not in
scludi6g imp ovement the result in
whole or In part Of the application Of
labor to land. 7T n
Section 2 provides. -. Z That all persons
firms asaoCiatiOnss ~ and CORPORA tiOns
owning land Ia value ~ excess 81 40.
900, whether In possession or leased sto
OtlRfe, shall be subject to an excise tax
upon the privilege OF the use and enjoy
!ment OF such excess at the rate Of
per centum. The remaining sections
of the bill provide for the making Of the
annual appraisements and payment Of
annual taxes as provided for under the
act.
A complete copy Of the proposed act
attached.
Object: The object Of this act is to
raise public revenues. It is not sup
posed that 1t will do away entirely with
hut be supplementary to the present
income tax laws. The proponents of
this and similar measures believe that
land does not at present bear its just
proportion of taxes as compared to the
industries. 2 4 IS
y Enect. H. c0nSl0ef1ngsSt nlA acLa YOU
should not allow the fact that the rev.
enues therefrom win come in, principal
part from the farmers. 70 prejudice
your Judgment. but should consider Il
in relation to fairness to other inter
ests; and whether or not it would he .o1
sufficient burden to affect land values
rentals Or incomes and thus affect. pro
ductiOn. ,5E5 tIs e e "A VI TN @
There is.no provision made: for de
ductlons Of liens or. mortgages. ID The
provisions merely DAN Tor II per cent
per annum annual on actual yalua
tons Of all holdings above $40, BOO. Since
the farmers Of the alton are most Wit
ally concerned in this proposal we ask
that you give this careful cOnsid eratioI
and return the enclosed ballot to the
American Farm Bureau Federation
Ames,. Iowa. not later than April ~
nm ssssSs
Respectfully submitted, 5 h
]. w. Coverdale, j. r. Howard, ,
| Secretary. President.