Report of the Special Tax Commission for Georgia
Report of the Special Tax Commission for Georgia
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The property on which the 3 mills tax was levied consisted of money, bank accounts, notes, bonds, rents, annuities and mortgages upon which th« mortgage registry tax of % or 1 percent (you pay this or the 3 mills) had not been paid.
Thus we see that in 1918 the State Treasury was $619,146 better off than in 1910 and the heroes who listed the $14,000,000 in 1910 to be taxed at 28 mills had saved 25 mills or $350,000.00 each year, and together the State and the 6,200 citizens indic- cated above s...aved $969,146 in 1918 from the opera- tors of the new law.
15 — Mabyland Maryland seeking the same end, pursued a slight- ly different course. She placed in one class, inter- est paying bonds and certificates of indebtedness issued by corporations and stock of foreign corpora- tions and imposed on these a fixed maximum rate of 3 mills or 30c per hundred for local purposes, to which was added the State rate, limited in 1915 to 15c, or a total of 45c per hundred.
On page 7 of Bulletin by A. C. Girdwood, Secre- tary of the State Tax Commission of Maryland, we find the following table of property listed for assess- ment in Baltimore City from 1896 to 1915.
What to read after Report of the Special Tax Commission for Georgia?
You can find similar books in the "Read Also" column, or choose other free books by Georgia. Special Tax Commission to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The property on which the 3 mills tax was levied consisted of money, bank accounts, notes, bonds, rents, annuities and mortgages upon which th« mortgage registry tax of % or 1 percent (you pay this or the 3 mills) had not been paid.
Thus we see that in 1918 the State Treasury was $619,146 better off than in 1910 and the heroes who listed the $14,000,000 in 1910 to be taxed at 28 mills had saved 25 mills or $350,000.00 each year, and together the State and the 6,200 citizens indic- cated above s...aved $969,146 in 1918 from the opera- tors of the new law.
15 — Mabyland Maryland seeking the same end, pursued a slight- ly different course. She placed in one class, inter- est paying bonds and certificates of indebtedness issued by corporations and stock of foreign corpora- tions and imposed on these a fixed maximum rate of 3 mills or 30c per hundred for local purposes, to which was added the State rate, limited in 1915 to 15c, or a total of 45c per hundred.
On page 7 of Bulletin by A. C. Girdwood, Secre- tary of the State Tax Commission of Maryland, we find the following table of property listed for assess- ment in Baltimore City from 1896 to 1915.
What to read after Report of the Special Tax Commission for Georgia?
You can find similar books in the "Read Also" column, or choose other free books by Georgia. Special Tax Commission to read onlineMoreLess
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