Full text: Referendum on Taxation Committee's report on state and local taxation

: Individual Income Tax: The Committee recommends that states should use uni- See pages 
V form returns and that each state should reciprocally allow credit for income 20-22 
tax paid in another state. i 
| IN FAVOR 
OPPOSED 
Vi Taxes on Corporations: The Committee recommends that corporate taxes should Boe Logee 
be reduced. 
IN FAVOR 
. OPPOSED 
Vii Funded Indebtedness: The Committee recommends that bonds should be used only Beg Xage 5 
for non-recurring capital expenditures. 2 
IN FAVOR 
OPPOSED 
Vill Funded Indebtedness: The Committee recommends that serial bonds should be Sos Toe 
used for all issues. 
IN FAVOR 
OPPOSED 
Local Expenditures: The Committee recommends that each state should have an See pages 
X agency with power, upon local petition, to prevent unwise expenditures by 34-38 
local governments. 
IN FAVOR 
OPPOSED 
X Accounting and Audit: The Committee recommends modern uniform accounting a 
for each state and its local governments, with centralized state audit facilities. EH 
= — 
IN FAVOR 
— Keacs 
OPPOSED 
XI Standardization: The Committee recommends that all jurisdictions levying the See pages 
same kind of tax should have uniformity in computation and administration 20, 26 
and uniformity in reports. i 
IN FAVOR 
: OPPOSED 
(Name of Individual, Firm or Corporation) 
(Address) 
This Ballot Pertains to Referen- 
dum No. 49 of the Chamber of 
Commerce of the United States, on 
the Subject of State and Local 
Taxation,
	        
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