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 VI. Tax administration ( Continued)

Collection:: Economics Books

TAX ADMINISTRATION 195 cases this might entail the replacement of local assessors who were unwilling to lend their assistance in establishing the required degree of uniformity or proved themselves in- capable of doing so. In other cases it would no doubt be necessary for the State Tax Commission and its district representatives to reassess the property within a county or other local government, in order that the required degree of uniformity might be obtained. It has previously been pointed out that the State Tax Commission might be given the authority to reassess the property within an entire county when the Commission deemed it necessary. Provision could also be made that such a reassessment should be undertaken when requested by a certain number of property owners, say five or ten, within a given taxing jurisdiction. The district representatives of the Tax Commission could be appointed by the Tax Commission or placed on a civil ser- vice basis. In the interest of efficiency, it is desirable that they should not be assigned to the same territory for a period longer than three or five years. A system of rotation would reduce to a minimum the possibility of alignment with local interests, and it might be well under a system of rotation for the state to pay moving expenses. It is a general opinion of those interested in taxation that if an effective start towards improved administration is to be made the general property tax on intangibles will have to be abandoned. As will be seen later, the present method of taxing bank stock will no doubt have to be discontinued, if other intangibles are not taxed as property. The attempt to reach intangibles for the general property tax has resulted in very general failure in other states as well as in Missouri. No one knows the proportion of taxable intangibles which are returried for taxation, and, considering the confiscatory nature of this form of taxation upon the income from the intangibles which are taxed, it is generally believed that some other method of reaching this form of property should be substituted. This part of the problem will receive further consideration in a later chapter. It is mentioned here to make clear that the duty of the district administrators would not include an endeavor to assess this form of property for the general property tax.

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