Special Report On Taxation Supplementing Previous Reports On the Taxation of Corporations And Covering the Tax Movement Throughout the United States During 1912
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6 Ibid., p. 232. ^ per cent. According to the Tax Commission, the limitation provisions in the 19 10 law were not entirely clear and the administrative features were bad. This caused an amendment to the law in 1911," which provided a maximum rate of i per cent, exclusive of levies for interest and sinking fund purposes. In cases of emergencies this rate may be increased by a vote of the people, of the jurisdiction affected, at any November election. The limitations provided for in this law (for... maximum rates, see p. 64) are exclusive of levies for interest and sinking fund purposes, special assessments, levies for road taxes that may be worked out by the taxpayers, and levies and assessments in special districts for road or ditch improvements.
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