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WHO PAYS YOUR TAXES?
immediate operation ; for we know that with the adoption andcarrying out of one-half the threatened measures, there wouldgo up such a cry from the people of this State (especially thefarmers), as would make it more than a man’s political reputa-tion is worth ever to advocate such a measure again.
Yours very truly,
Wm. McCabe, Assistant Secretary,
New York Tax Reform Association.
Here are a few notable press opinions taken from agreat number:
HOW THE PERSONAL PROPERTY TAX LAW OPERATED.
If the assessment returns are to be believed, in nine-tenthsof California there is not a pound of butter made. In four-fifths of the State the sheep do not produce any wool; onlyfour counties produce honey. Personal property has vanishedfrom San Francisco ; loans of money are becoming unknownin the rest of the State; bonds of cities and municipalities ofall kinds are not held within the State to an amount equal toone-sixth of the county bonds outstanding alone ; and, finally,money has been smitten by a pestilence, two-thirds of all thatthere was in California before the adoption of the Constitution having taken to itself wings, and the remainder being evidentlyon the 'wa.y.—Long Islander , Huntington , Suffolk County ,N. Y.
PEOPLE POORER, REAL ESTATE RICHER.
The fact stated is that during the decade 1880-1890 theassessed valuation for purposes of taxation of real estate inNew York City increased nearly fifty per cent. (48.4), while inthe same period personal estate subject to taxation decreasedi8£ per cent. Now, it is a well-known fact that the personal