The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1922-08-26

IN uetaCl1dOie Skill I0e Oue-pleCe
tnderwe.1r for girls.
: that the average yearly collection
for the three years, after the ere
alton Of the tax commission until
1.-THE repeal of the law, was $780,
! te5411 Notwithstanding this In
crease, the law was repealed be-
cause of the inadequate provisions
made by the legislature 10 enforce
It. The total collections Of income
taxes under the old law, for the
period of twenty years, including
I the three years covered by the
tax commission, was the sum Of
a$246. .771.00.
In 1922 the legislature passed
Ian income tax law and placed the
entire administration thereof upon
}.tf1e tax commission. This law was
approved March 1, 1929. On July
III, 1922, as administered by the
tax commission, s552,311.72 had
Ibeen actually paid into the state
Treasury, or s312, $4,000 more than
the entire amount collected under
the former law during the period
of twenty years. IN addition to
the amount of income taxes al
ready collected during practically
/ four months OF the present year,
! the several deferred payments and
returns of future taxes, as provided
by law, will increase the amount
of taxes to be collected to approx
mately s7oo,8o8.o8 for the present
year, or about three times as
much as was collected in twenty
years under the old law. It is but
ifairi to state, however, in this con-
nection, that the rates OF taxation
provided for in the present law are
| higher than under the old law.
/, Gasoline Tax
The so-called Gasoline Tax
! law was prepared by the tax COM
/; mission for passage by the legisia-
!, ture. It is administered by the
tax commission, and during. the
! first four months Of the present
iyear covered by that law. there
has been paid into the state treasury
the sum of S285,901.31.
/ It is estimated that the revenue
from this source from March 1st,
/ the date the act became effective.
/; to December S1st, will amount to
! s75o, GOO.
!; Inheritance Tax Law
! Up to the present time sixty
/ four estates are in process of as
sessment by the commission. In
asmuch as this law was approved
! on the 23rd Of February, 1922, and
! executors and administrators have
! one year in which to pay the tax
after their qualification, no taxes
!, have been received up TO the pres
ent time. After February, 1928,
! taxes will begin to become payable.
; No estimate Of the annual amount
OF such taxes can be made as it will
/ depend entirely upon the number
/, and value of estates descending. 1t
Is believed that after the law is in
force for a few years the annual
income therefron will amount to
several hundred thousand dollars.
Individual Assessments Reduced by
Tax Commission
Any person. feeling aggrieved by
assessments made by county au-
thorities may, without employing
legal counsel, bring his ease before
! the commission. No technical or
legal knowledge is necessary to do
this, and his complaint. is heard
I and. disposed Of without forma1ity.
a simple written statement and
such evidence as bears on the as
! sessment is sufficient to obtain a
hearing of the complaint. Many
such cases are heard on papers
/. sent in by mail after the proper
;,county authorities are given mfor-
nation OF the cause Of complaint
) and an opportunity to present OBJ
/ lection to the reduction being made.
During the past sixteen months
the commission has ordered re-
duction of assessments on 253 sep
arate or individual applications.
| The exact number Of such reduc-
tons in individual cases since the
!! creation of the tax commission,
| other than the above. can be ac-
| cura1ely ascertained only by an eX-
animation of the various county
! auditors Offices of the state. but the
!; number will range between 1,Ooo
!; and 1900.
| Increased Appropriation for 1922
The appropriation for the pres
! ent year for the expenses OF the
tax commission was increased over
last year by $500. TINS IN
No