The Seattle star. [volume] (Seattle, Wash.) 1899-1947, 1921-09-16
TAXES RUIN SEATTLE
REAL ESTATE; TRIPLE
HERE IN TEN YEARS

has Increased 20 over s3s per 1900
OF fun valuation. against a San
Francisco tnx rate OF only 1880
per 81 goo Of full valuation and Los
Angeles tax rate of only tso06 per
81 .ooe of full valuation. This means
that an apartment house valued at
100000 In san Francisco would pay
1880 taxea while in Seattle the
same valued real estate would pay
ss,tTs. or a difference Of over . per
cent on tho same Investment
A $4,000 home IN Los Angeles.
rented so ms Co return per cent
net 10 the owner. would have TO be
rented for sfe7 more per year II
located in Seattle. 20 an To produce
tho same per cent net income TO
owner. This unjust tar rate not
only rctards building and industry
turnout the state. but, also prevents
rents from being decreMned In
fairness 10 Seattle. and every city
In the state OF Washington, this tar
rate muatNbc changed. Howl VERY
EASY.
rIRST.--Tvery tnx PAYER ana
renter IN this state. desirous OF
reduction OF our tax rate. should
devote at least ono hour per week
10 this subject by taking an active
interest In any one or moro OF the
tax reduction leagues. Watch public
expondituren. Don't vote for any
thing that viii increase our TAX
rate. Protest II you find that any
department. In the city. county or
state exceeds its budget
SECOND. II you disoovr thsi
our city charter IL antlauafed ana
win not permit OF efficiency. fnves
ttrata other charters. Of cities that
arc getting more for ieas money.
The National Municipal League OF
New York and Philadelphla- nave
for over 20 ycarw Investigated city
charters and have endorsed what
IL known az the Model city Cnar'
ter" approved BY some OF the ATTEST
experts In the United Rtafes- In
vesiigate for yourself. and become
a better citizen
THIRD. Demand your icgishfors
10 pass a law. assessing AL prop
er.y in the state Of Washington on
fun 100 per cent valuation Every
property OWNER In the state hhonio
ba required 10 make sworn sHs-
mrnt ms to the valuation OF al
nronerty owned. A penalty for WI
ruy, undcrvaluntion. and q law sofn'
peiiinx every county assessor 20 ~
us a booklet. printed on cheap
news paper. showing every lot. BLOCK
addition and tract In the county,
name OF owner and the sworn vaiu.
alton. In this way every interested
tax payer could procure a copy %
his bookic, at a nominal cost ana
make a comparison with other prop
ertlcr. In this way undervaluauon
would com. 20 HIGHT and could be
easily detected Instead OF having
a taxrafe OF II mills hssed on %
per eest valuation. which Is con.
f,,nlnx ana misleading. We would
have a tar rate Of 5s mills based
on fun valuation. Many OF ,he
Eastern states arc now assessing
on fun valuation.
FOURTH. Ivy adopting = new
city charter. with \ city manager
ana commission form. consoiids-
ton Of city ard county. our present
TAX rnt. of ~ mills based on SO
psr cent valuation. or 90 mills bard
on 100 per cent valuation. couid
easily be reduced. by eliminating
duplication. TO 30 mills or $50 per
81 900 Of fun valuation To nsifnu
late building and industry In the
state Of Warrington. . $40 per
thousand valuation tax would BE-
too hirh. compared with San Fran
cisco's rate OF $3.50 per thousand
and Los Angels rate OF S.o.oS per
thousand
TO remedy sh's W should demand
our Legislators TO adopt and pass
the New York state income tar law.
whereby q low rate equitable tax
would be placed on net inoomcn. Do
rived from personal service ard In
vessments.
Exemptions m fhe sfate Of New
Fork are the same az In the fed
FfAt lit1tfiF t1& inv aftDWtHk ttst9H
for single. $4,000 for married. ard
5000 for each dependant In this
way the objoctionai poll tar could
be eliminated entirely.
A maximum real estate ana per
sonai property tar OF SIS PER $1,000
Of valuation would give the state OF
Washington the lowest tax rate on
the Pacific Coast, and would stimu.
late building and industry immedi
ately.
Tho balance OF the rs minis would
be collected by state income tar. as
II II IN New York. Wisconsin and
other states. from tho people accord.
ing TO their income and ability TO
pay State income tax and federal
income tar reports are made stimuli
taneously. thereby eliminating ad.
ditionai work.
UENpv n nyrNrtrmr