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Show Utah County Taxes Paid 77.52 Percent Collodion Total For 1933 Taxes Slumps Five Per Cent Under Last Year's Total Tax collections in Utah county slumped approximately five percent this year, as compared with the collections in 19;!2, it is shown in figures released from the office of County Treasurer John C. Taylor today. Where there was 77 percent of 't the taxes collected lust year at this time, there had been 71.93 '.ter cent collected up until December Decem-ber 20 this year, it is shown. By last Wednesday there had been $1,138,345 received in the-treasurer's the-treasurer's office. Ho is charged with the collection of $1,582,-371.09. $1,582,-371.09. Comparison Made A graphic picture of one of the crudest and longest depressions in history can be seen in the figures at the county treasurer's iffice. Following is a comparison f the percentage of collections from 1927 to 1933: 1933, 71.93 percent; 1932, 77.52 per cent; 1931, 81.25 per cent; 1930, 88.64-per cent; 1929, 91.91 per cent; 1928, 93.26 per cent; 1927, 92.26 per cent. The figures speak volumes of the untold economic misery that has been heaped on industry, home-owner and farmer alike during dur-ing the period following the 1929 crash. It is the farmer and the homeowner home-owner who have caused the slump of five percent this year, it appears ap-pears from the records. The corporations, cor-porations, which pay about 50 per cent of the tax, have paid about the same as last year. Taxes came in earlier this year, due to the discount allowed through a law passed at the last legislature. ' During the last 10 days, however, the collections as of this year diG- not approach those of 1932 at the same time. The total of 77.52 which were collected last year, is the figure as of March 31, after all adjustments adjust-ments were made. The taxes collected col-lected between December 20 and March 31, however, are not enough to make any great difference differ-ence in the percentage. Mr. Taylor Tay-lor said today that he expects a considerable amount of taxes to come in within the next three months, but not enough to boost the percentage, up to any marked degree. One of the big reasons for the tax-payment slump since 1929 is that the mines -nave not been working as they did. Mines are taxed mostly on their net earnings earn-ings and, of course, when they run only at a fraction of their normal capacity, their tax-payments drop. They pay part of their tax a small fraction on a straight property assessment. Kefleot 1932 Conditions In one way ttie payments of this year reflect the conditions of 1932. That is, if the mines are taxed on their net earnings, it must be the net earnings of 1932, as the year is not over yet. If the federal gold buying and silver stabilization plans result in a mining min-ing boom in this territory in 1934, this wil). be reflected, in, huge, tax payments in i.935, In all probability. |