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Iowa State College, Engineering Experiment Station, and State Railroad Taxation, Vol. 3 (Classic Reprint)

F.C. French
4.9/5 (11011 ratings)
Description:Excerpt from Iowa State College, Engineering Experiment Station, and State Railroad Taxation, Vol. 3 The amount of taxes paid by railroads of the United States during the fiscal year of 1903 was, according to the reports of the interstate commerce commission, $57,797,737, an increase over the amounts paid in 1902 of $11,089,902, and it seems, that no matter in what light we view the assessment and collection of these taxes, the problem is a fundamental one. A survey of the methods of assessment, levy, and collection of these taxes as practiced in the different states reveals the fact of confusion, and uncertainty, not only with the agencies of government, in trying to overcome the liability and incentive to tax evasion, but to the railroads themselves because of being liable to double taxation in many instances. Not only is a line of railroad crossing state boundaries liable to taxation from two different and possibly entirely unsympathetic systems, but the minor civil divisions and municipalities of one commonwealth, under our present system, exercise an independence in administration which occasions yet further confusion and uncertainty. Railroad property was not originally. taxed differently from other kinds of property. Its peculiarities, its methods of capital-zaition and its significances from a social or industrial point of view were not early recognized, or if so, were not deemed of importance sufficient to warrant different treatment from that of general property. The State of Pennsylvania perhaps presenting the only exception in having differentiated its treatment of railroads from the start. The true history of railway taxation begins with the application of the general property tax to the railway corporations, which tax was administered by the local officials. The method of taxation of general property, according to the value thereof, as assessed by local officials, being in force at the time railways were first constructed, was consequently applied to railways and although inadequate to reach the real taxable capacity of these corporations the practice is still in vogue in many states. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Iowa State College, Engineering Experiment Station, and State Railroad Taxation, Vol. 3 (Classic Reprint). To get started finding Iowa State College, Engineering Experiment Station, and State Railroad Taxation, Vol. 3 (Classic Reprint), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
Format
PDF, EPUB & Kindle Edition
Publisher
Release
ISBN
1331970911

Iowa State College, Engineering Experiment Station, and State Railroad Taxation, Vol. 3 (Classic Reprint)

F.C. French
4.4/5 (1290744 ratings)
Description: Excerpt from Iowa State College, Engineering Experiment Station, and State Railroad Taxation, Vol. 3 The amount of taxes paid by railroads of the United States during the fiscal year of 1903 was, according to the reports of the interstate commerce commission, $57,797,737, an increase over the amounts paid in 1902 of $11,089,902, and it seems, that no matter in what light we view the assessment and collection of these taxes, the problem is a fundamental one. A survey of the methods of assessment, levy, and collection of these taxes as practiced in the different states reveals the fact of confusion, and uncertainty, not only with the agencies of government, in trying to overcome the liability and incentive to tax evasion, but to the railroads themselves because of being liable to double taxation in many instances. Not only is a line of railroad crossing state boundaries liable to taxation from two different and possibly entirely unsympathetic systems, but the minor civil divisions and municipalities of one commonwealth, under our present system, exercise an independence in administration which occasions yet further confusion and uncertainty. Railroad property was not originally. taxed differently from other kinds of property. Its peculiarities, its methods of capital-zaition and its significances from a social or industrial point of view were not early recognized, or if so, were not deemed of importance sufficient to warrant different treatment from that of general property. The State of Pennsylvania perhaps presenting the only exception in having differentiated its treatment of railroads from the start. The true history of railway taxation begins with the application of the general property tax to the railway corporations, which tax was administered by the local officials. The method of taxation of general property, according to the value thereof, as assessed by local officials, being in force at the time railways were first constructed, was consequently applied to railways and although inadequate to reach the real taxable capacity of these corporations the practice is still in vogue in many states. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Iowa State College, Engineering Experiment Station, and State Railroad Taxation, Vol. 3 (Classic Reprint). To get started finding Iowa State College, Engineering Experiment Station, and State Railroad Taxation, Vol. 3 (Classic Reprint), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
Format
PDF, EPUB & Kindle Edition
Publisher
Release
ISBN
1331970911

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