Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1933-04-27
and other obligations and then to the
operation of the school.

operation of the school.
Certain deductions are allowed from
the gross income of the individual
taxpayer, the deductions being mainly
for charitable purposes. In addition
to that single person is exempted
$1,000 from the gross earnings and on
the net balance he will pay a tax.
Married persons are exempted $4,000
and there is an exemption of $3.50
for each dependent. The tax ranges
from 20 to SO. Corporations are
exempt $1,000 and their rate of taxa
tiOn on the net earnings after exemp-
tions have been deducted are the
same as apply to individuals.
There will be no constitutional
amendment submitted to the voters
in 1884 for an income tax. Reaction
airy members of the Legislature were
so insistent on having limitations on
the tax and low exemptions in the
| amendment-in other words placing
statutes in the constitution-that
friends of the income tax, after much
discussion pro and con and two con-
ference meetings between Senate and
House conferees, decided to call it a
day and let it go without an amend
ment bill being passed.
Attempt Statutes in Constitution.
| The amendment bill as passed by
the House did not have any provisions
for the amount of exemptions nor
maximum rates of taxation to be paid,
leaving that for future legislatures to
amended the bill so that the highest
rate paid on income taxes would
never be more than seven times the
minimum rate and so that exemptions
to single people would be $500 and
married persons would be accorded
exemptions OF $500 with 5000 for
each dependent.
When the constitution was amended
way back in 1906 Attorney General
Young stated that it was a wide open
constitutional amendment which pro-
vided for a state income tax without
further amending of the constitution
Attorney General Benson in 1881 and
Attorney General Harry H. Peterson
in 1888 took the same stand, declar-
ing it unnecessary to amend the con-
stitution for the adoption of state
income tax.
The friends of the income tax had
good victory in that they managed
to enact a statutory bill and turn
down the amendment bill when the
opponents of this form of taxation
would not bulge an inch.
Some of the more important bills
that did not become law but were
killed in committee, on the floor Of
the House or Senate, or died natura
death because they were not reached
include a retail sales tax and tht
permitting of horse racing and par
mutuel betting. Restoration of cap
ital punishment was killed as wa:
also the Stockwell waterpower con
stitutional amendment; increasin.
railroads and telephone companie!
gross earnings taxes; repeal of thu
Brooks Coleman Act, giving jurisdic
tion over street railways to the Rail
road and Warehouse Commission, ant
other measures. Election of four new
members to the Board of Regents o
the University of Minnesota was lief
to the governor due to disagreement
between the Senate and House in pro
cedure of election.
Major Legislation Enacted.
Following is list Of importan
bills passed by the 48th Session of tn,
, Minnesota Legislature:
State income tax.
A tax on retail stores, levying new
taxes against retailers having two o
more stores.
? A 20 to so per cent cut in automo