Biennial Report of the Wisconsin State Tax Commission to the Legislature, Volume 2The Commission, 1903 |
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Common terms and phrases
amount assessment district assessment of credits assessors banks capital stock cent Charitable and penal cities COLLEGE FUND INCOME commissioner constitution corporations creditor ctfs debtedness debtor debts deduction double taxation Eau Claire erty exceed exemption Fond du Lac franchises Free high schools gross earnings increase indebtedness Industrial school inheritance tax insurance companies Interest certificates lands legislation legislature license fee loans Log driving Maintaining insane Manitowoc market value ment mill tax Milwaukee Moneys and credits mortgagor National Civic Federation NORMAL SCHOOL FUND officers owner paid Penal Inst personal property pr ct prop property tax railroad railways rate of interest real estate Refunds residents roads SCHOOL FUND INCOME Section September 30 shares of stock Sheboygan Sleeping car statement statistics statutes stocks and bonds Supreme Court taxable tion Total disbursements Total receipts Treas UNIVERSITY FUND INCOME valuation Washburn county Wisconsin
Popular passages
Page 359 - The General Assembly shall provide by law for a uniform and equal rate of assessment and taxation ; and shall prescribe such regulations as shall secure a just valuation for taxation of all property, both real and personal, excepting such only for municipal, educational, literary, scientific, religious or charitable purposes, as may be specially exempted by law.
Page 347 - All taxes shall be uniform, upon the same class of subjects, within the territorial limits of the authority levying the tax, and shall be levied and collected under general laws...
Page 126 - All property in the State except as otherwise in this Constitution provided, not exempt under the laws of the United States, shall be taxed in proportion to its value, to be ascertained as provided by law...
Page 72 - When the transfer is by will or by the intestate laws of this state from any person dying seized or possessed of the property while a resident of the state.
Page 126 - ... the value of the property affected by such mortgage, deed of trust, contract, or obligation less the value of such security, shall be assessed and taxed to the owner of the property, and the value of such security shall be assessed and taxed to the owner thereof, in the county, city, or district in which the property affected thereby is situate.
Page 235 - State, subject only to the two restrictions, that the taxation shall not be at a greater rate than is assessed upon other moneyed capital in the hands of individual citizens of such State...
Page 149 - Shares of stock in corporations possess no intrinsic value over and above the actual value of the property of the corporation which they stand for and represent; and the assessment and taxation of such shares, and also all the corporate property, would be double taxation.
Page 234 - National banks are instrumentalities of the Federal Government, created for a public purpose, and as such necessarily subject to the paramount authority of the United States.
Page 348 - ... no part of the property of any individual can, with justice, be taken from him, or applied to public uses, without his own consent, or that of the representative body of the people.
Page 43 - The Legislature shall provide for an annual tax sufficient to defray the estimated expenses of the State for each year; and whenever the expenses of any year shall exceed the income, the Legislature shall provide for levying a tax for the ensuing year, sufficient, with other sources of income, to pay the deficiency, as well as the estimated expenses of such ensuing year.