Report of the Commission on Revenue and Taxation of the State of California: 1906 ...W.W. Shannon, Superintendent of State Printing, 1906 - 296 pages |
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Common terms and phrases
$100 of assessed ad valorem tax amount annual annum ascertain assessed valuation assessment roll assessor Associated Oil Company average basis Board of Equalization burden California capital stock cent city taxes class of property classes of corporations collected Commission Constitution cost county taxes courts deducted depreciation dividends exempt express companies fees fund gross earnings tax gross premiums gross receipts income increase inequalities inheritance tax insurance companies interest Interstate Commerce Commission investment land Legislature less license tax lieu liquor market value method Michigan mile mileage moneyed capital mortgages national banks Nevada County operating expenses percentage personal property poll tax property tax proportion public-service corporations Pullman Company railroad property Railway real estate roads San Francisco shares of stock solvent credits Southern Pacific street railroads tax on railroads tax rate taxable taxes on property taxes paid telegraph telephone companies thereof tion town traffic true value Wisconsin
Popular passages
Page 230 - 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 120 - But the value of property results from the use to whirh it is put and varies with the profitableness of that use, present and prospective, actual and anticipated. There is no pecuniary value outside of that which results from such use.
Page 91 - The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
Page 18 - ... refrigerator, oil, stock, fruit and other car-loaning and other car companies, operating upon the railroads in...
Page 22 - The franchise, roadway, roadbed, rails, and rolling stock of all railroads operated in more than one county in this State shall be assessed by the State Board of Equalization at their actual value, and the same shall be appoitioned to the counties, cities and counties, cities, towns, townships, and districts...
Page 17 - ... 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 243 - ... the assessment and taxation shall not be at a greater rate than is made or assessed upon other moneyed capital in the hands of individual citizens of this state.
Page 17 - The power of taxation shall never be surrendered or suspended by any grant or contract to which the State shall be a party.
Page 121 - it is not everything that affects commerce that amounts to a regulation of it, within the meaning of the constitution.
Page 230 - Nothing herein shall prevent all the shares in any association from being included in the valuation of the personal property of the owner or holder of such shares, in assessing taxes imposed by authority of the State within which the association is located...