Public Papers of Grover Cleveland
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| Stand: | 2015-08-04 03:50:33 |
Produktbeschreibung
Excerpt from Public Papers of Grover Cleveland: Governor; 1883 The only change in the funded indebtedness of the State during the last fiscal year was a contribution of $309,717.00 to the Sinking Fund, thus reducing by that sum the debt remaining unprovided for on the 30th day of September, 1881. The aggregate receipts of the State Treasury during the last fiscal year, including a balance from the previous year amounting to $5,531,858.71, were $17,735,761.59; the payments during the same period amounted to $13,898,198.21, leaving a balance in the treasury at the beginning of the current fiscal year of $3,837,563.38. The amount received from taxes on corporations during the last year was $1,539,684.27, being an increase of $446,959.11 over the previous year. This it is estimated, will yield on the present valuation of property a revenue of $6,820,022.29. The imperfection of our laws touching the matter of taxation, or the faulty execution of existing statutes on the subject, is glaringly apparent. The power of the State to exact from the citizen a part of his earnings and income for the support of the Government, it is obvious should be exercised with absolute fairness and justice. When it is not so exercised, the people are oppressed. This furnishes the highest and the best reason why laws should be enacted and executed which will subject all property, as all alike need the protection of the State, to an equal share in the burdens of taxation, by means of which the Government is maintained. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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