The fiscal problem in Missouri

Bibliographic data

Monograph

Identifikator:: 1833271335

URN:: urn:nbn:de:zbw-retromon-230042

Document type:: Monograph

Title:: The fiscal problem in Missouri

Place of publication:: New York

Publisher:: National Industrial Conference Board, Inc.

Year of publication:: 1930

Scope:: xvi, 359 S.

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter V. Tax administration

Collection:: Economics Books

124 THE FISCAL PROBLEM IN MISSOURI ADMINISTRATION OF THE GENERAL ProPERTY TAX Effective administration of the general property tax is of fundamental importance for the effective and equit- able working of the tax system as a whole. This tax accounts for approximately three fourths of the total revenue from state and local taxes. It is predominant in local governmental finance and continues to be an im- portant source of state revenue. It is highly important, therefore, that this tax should be administered in such a manner that the property owners within each taxing juris- diction contribute to the cost of government according to the taxable property that they own. Uniformity within the taxing jurisdiction is of rime importance, whether the jurisdiction be the smallest school or other special district or the state government. Since the state government levies a general property tax, there is an implied uniformity in valuation and assessment procedure throughout the state. It is only through such uniformity that the state receipts from the general property tax can be obtained from the several local divisions of the state without giving cause for complaint that any county or other local unit is contributing either more or less than its fair share toward the maintenance of state government. It is highly desirable also that the individual taxpayer should not feel that he is paying more than his share or less than he should, irrespective of how large or how small the geographic extent of the taxing jurisdiction may be. Under the existing conditions it is difficult to see how the taxpayers can regard the taxes that they pay as fair and equitable. This state- ment is particularly applicable to the state general property tax, but it has other applications. which will be considered later. Administrative Agencies The administrative agencies include the county and other local assessors, the county boards of equalization, the State Tax Commission, and the State Board of Equalization. The original assessments, as made by the local assessors, furnish the basis for any changes made later by boards of review.

Access restriction

Copyright

fullscreen: The fiscal problem in Missouri

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation