Isbn: 9781332764051 - proceedings of the state board of equalization: begun and held in the city of springfield, illinois, august 10, 1875 (classic reprint) (3 resultados)

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condición: New. Print on Demand. This book examines and assesses the equalization of property taxes in the state of Illinois during 1875. The author does this by reviewing the real and personal property of the state and comparing its assessed tangible value to its market value. This book is one of the earliest examples of state-level equalization of property taxes in the United States. The author determined the average assessment of the state to be 50 percent of its cash value, and this figure became the standard for the equalization of property taxes in Illinois for the year 1875. Furthermore, the author determined that railroad property was undervalued in assessment compared to other property and railroad companies had not paid their fair share of taxes. The author recommended changes to the assessment process of railroad property, which were eventually adopted by the state legislature. This book provides valuable insights into the history of property taxation in the United States and the challenges faced by assessors in determining the fair market value of property. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.…