Railroad Taxes in Illinois Remarks of Ww Baldwin Vice President Cb Q R
Railroad Taxes in Illinois Remarks of Ww Baldwin Vice President Cb Q R
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In our eReader you can find the full English version of the book. Read Railroad Taxes in Illinois Remarks of Ww Baldwin Vice President Cb Q R Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Railroad Taxes in Illinois Remarks of Ww Baldwin Vice President Cb Q R
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The results of taxation depend upon the rates, no less than upon the valuations. I think that the tax rate upon all the property of the C. B. & Q. Road that is located in the Township of Cicero in Cook County, is 110 mills, while the rates upon our property in some country districts do not exceed 20 mills. You will appre- ciate the necessity of keeping this in mind when you compare taxes per mile in different States.
THE PRINCIPLES OF RAILROAD VALUATION.
Your first duty is to find the value of ...the railroads ; not the value for ratemaking, with which you have nothing to do, but the value for taxation, with which you have everything to do. The two purposes are distin t. And are not governed by the same principles. You must have a basis, a principle, a theory, to start from, when you begin to make these valuations; you have got to have something; it is not a matter of guesswork.
The theories or principles which have been applied in the search for the best answer to the question. "What is a railroad worth ?" are many and various.
What to read after Railroad Taxes in Illinois Remarks of Ww Baldwin Vice President Cb Q R?
You can find similar books in the "Read Also" column, or choose other free books by W W William Wright Baldwin to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The results of taxation depend upon the rates, no less than upon the valuations. I think that the tax rate upon all the property of the C. B. & Q. Road that is located in the Township of Cicero in Cook County, is 110 mills, while the rates upon our property in some country districts do not exceed 20 mills. You will appre- ciate the necessity of keeping this in mind when you compare taxes per mile in different States.
THE PRINCIPLES OF RAILROAD VALUATION.
Your first duty is to find the value of ...the railroads ; not the value for ratemaking, with which you have nothing to do, but the value for taxation, with which you have everything to do. The two purposes are distin t. And are not governed by the same principles. You must have a basis, a principle, a theory, to start from, when you begin to make these valuations; you have got to have something; it is not a matter of guesswork.
The theories or principles which have been applied in the search for the best answer to the question. "What is a railroad worth ?" are many and various.
What to read after Railroad Taxes in Illinois Remarks of Ww Baldwin Vice President Cb Q R?
You can find similar books in the "Read Also" column, or choose other free books by W W William Wright Baldwin to read onlineMoreLess
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