Some Probable Effects of the Exemption of Improvements From Taxation in the City
The book Some Probable Effects of the Exemption of Improvements From Taxation in the City was written by author Robert Murray Haig Here you can read free online of Some Probable Effects of the Exemption of Improvements From Taxation in the City book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Some Probable Effects of the Exemption of Improvements From Taxation in the City a good or bad book?
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13 —$2, 849. 32 If the half rate on buildings were adopted the taxes on the eleven parcels would increase $94. 96 while the taxes on 196 parcels would decrease $1, 196. 75. In case the full rate were adopted the increase would be $246. 20 and the decrease $3, 095. 52. The average parcel at present pays $110. 93 in taxes. This charge would be $105. 61, or $5. 32 less, under the half-rate plan and would be $97. 16, or $13. 77 less, under the full plan. The reduction, it will be seen, is not great..., being in the first case less than five per cent, and under the full plan approximately twelve and one-half per cent. Practically all of the houses included in this sample are rented. According to the assessment roll one man owns 94 of the 207 parcels. If the rate on buildings were halved and the entire reduction in the house- tax passed on to the tenants the annual rents paid by the occupants of 67 these houses might be reduced at the most $3, 052. 79, or $14. 75 on each parcel. The same action which would deprive the landlords of this sum would also decrease their total tax bill $1, 101.
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