Askov American., 1933-04-06
HOUSE BIG FOR
INCOME TAX
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sidered in the Senate committee Of
Taxes and Tax Laws of which the
veteran Senator Sullivan, saltwater,
is chairman. With the overwhelming
/ vote given both bills in the House,
they should stand good chances OF
passage in the Senate and become
law.
Non Intoxicating beer, the 1920
variety. will be sold out over the
state, commencing April Z, in accord
ance with actions of Congress, the
state Legislature and local licensing
bodies in the various counties. Ii
cense fees are being set by the local
governing bodies at different figures.
usually from $25 to $1OO for each
place selling the new beverage. There
appears to be little attempt at es-
tablishing the high license figures
of the old pre-prohibition days.
The state Senate has already passed
bill fixing Oct. II as the date for
the election of delegates to conven-
tion to act on ratification for the
repeal of the notorious 18th amend
ment.
Breathing Spell on Mortgages.
The mortgage moratorium bill
passed the House unanimously Thurs
day and is up for consideration in
the Senate. The bill provides that
the owner of real estate on which a
mortgage is being foreclosed may file
plea staying foreclosure by advertise
ment. This brings the matter into
court and gives the owner two years
in which to redeem. The owner may
be permitted to remain on the prop
erty, the court fixing payments he
shall make to cover taxes, interest,
etc, The act suspends the present
laws until May I, 1895.
Earlier in the session the time for
paying personal property taxes was
extended from the last day in Feb
ruary until the last day in March.
A bill passed in the Senate would
have given further extension in the
way of permitting half the personal
property taxes to be paid before April
1 and the other half before July 1
without penalty during the year 1888.
The bill came to the House Thursday
but action of that body sent it to the
Tax committee where next morning.
Friday, March 81, it was deemed too
late to make further extensions for
this year. 1t was argued that the
| judgment day must come some time
and that the schools, villages, town.
ships, and other governing bodies
need the tax money. If further ex-
tension of personal property tax pay
mentS this year was to have been
made, that matter should have been
settled earlier in order to permit
ample time to spread the word out
over the state.
! Provides Semi.Annual Payments.
| A bill recommended out of the
House Tax committee some time ago,
provides for the payment of personal
property taxes semi-annually instead
of just once a year as the law now
reads. If this new bill becomes law
half of the personal property taxes
may, after 1888, be paid before March
and the other half before Sept. 1
without penalty.
Bills for cigarette, cigar and tobac-
co taxes are not faring very well in
this session of the Legislature. The
House Tax committee returned two
such bills to the authors, in other
| Wy Of
ing Wednesday evening after having
heard arguments for and against at
several meetings. 1t was stated that
tobacco is now the heaviest taxed
of any U. S.-product. 1t paid in 1882,
the sum of $500,000,00O toward the
cost of the federal government or one
eighth of the total cost. Should the
state now come in and add an addi-
tional 20% it was argued that it will
kill the goose that lays the golden
|egg." The federal tax is &c on a
package of cigarettes that sells for
between 10c and 15c. Any further
tax would naturally diminish the
sales and would force thousands to
roll their own and promote bootleg
traffic in cigarettes from states that
do not impose the extra tax.
FrOwn on Fund Diversion.
Lynn Thompson, Minneapolis
Ischool board member, appeared be-
fore the House Tax committee We'd
nesday evening and presented his pro-
gram for legislation designed to help
schools out over the state with
needed tax money. The bill before
the committee provided 1c sales tax
on each nickel's worth of cigars, to
bacco and snuff; 1c tax on every
amusement admission; &c on each
Ipack of playing cards; 209o of the re-
ceipts from game and fish licenses;
20%o of all fines for violations of state
Ilaws and municipal ordinances; 4O45