Show Bills Changing Ut Utah h hax Tax ax Setup Drafted by Commission Lawyer r Proposed d Statutes W Would Wod Order Fl Flat t Rate for or Licensing Automobiles and Repeal RepealS S 1 Fil Filing ng Fee on Income Levy I S By JENNINGS PHILLIPS Bills calli calling g for repeal of a 1 filing fee and property bax ax offset features o of the income tax law a a. flat rate for automobiles and for changes in Utah's ax setup were drafted Thursday by George A. A Critchlow state tate tax commission attorney for th the 1935 legislature The bills would give legal effect to to various arious recommendations made mad byle by the le commission in its recent biennial report When approved by the commission com coin mission the measures will be laid before beCore be- be fore Core ore the lawmakers as as the states state's official of- of iclal tax revision program for 1935 Among the proposed laws is a new individual income tax act Old from which the tic filing fee and property tax offset provisions of the present law are omitted milted The law also leaves to the det determination of the legislature the question of of boosting present income tax rates Causes Quarter Drop The commission urged in its bi bie bie- bie nial report that the legislature eith either i provide adequate funds to enforce the 1 1 filing fee or repeal this provision of the law The The commission also recommended as on one meanS means of increasing income tax revenue that the property tax offset be thrown out with the filing fee The offset reduces the yield of the income tax ax by quarter one the report said The commissions commission's opinion that present Income ta tax rates are low was also expressed with the suggestion that they might be properly increased increased increased in in- creased up up to the present constitutional constitutional ional limit of 6 per cent The proposed proposed pro pro- posed law leaves this controversial question as well as the matter o of exemptions ex cx- to legislative decision In connection with the corporation n franchise tax another bill would strike the property tax offset from this his law to increase the yield This would increase the return from th this t tax ax x by third one-third the commission be- be Would Decrease Costs The motor vehicle law has been rewritten rewritten re rc re- re written to embody a numb number r of recommendations recommendations' made at the recent western states motor confer confer- conference conference ence at the capitol Of or major importance im hn p is the proposed change in inthe inthe the method of licensing private passenger passenger pas pas- cars from the present horsepower horsepower horse hors power rating basis to a flat rate California charges its mot motorists 3 50 per year for license plates but the new Utah law leaves aves to the legislature legislature legislature legis legis- lature the determination of a proper fee If the b bill ll becomes a law Utah motorists are expected to lo enjoy a decrease decrease de de- de crease in the average cost of ol automobile automobile automo automo- automobile bile licenses although those operating cars of low loyl horsepower rating may pay paya a higher Ice fee than at present Another bill is designed to plug loopholes in the present method of ol taxing mines in Utah and follows recent recent recent re re- cent recommendations of the commission commission com corn mission on this phase of the tax lem Contemplating retention o of the present net proceeds method of mine taxation the bill would authorize collection collection col col- col lection of the tax by suit or otherwise otherwise otherwise other other- wise immediately after delinquency Cut License It also would provide for lor valuation of ore at the mine mouth and would permit deduction only of or reasonable costs of transportation smelting anc and refining of ore produced The proposed proposed pro pro- posed bill also aims alms at stabilizing the tax which now fluctuates from year to lo year depending on metal prices This would be accomplished by applying applying apply apply- ing the multiple used wed in assessing to the net proceeds over a period ol of years instead o of to the net proceeds for fOI one year ear Other Othel bills call for Jor a reduction in inthe inthe inthe the present license fee Ice from 10 to lo 2 changes in the inherit inheritance nce tax law to divert to the state stale a con con- portion now going to the federal government through the federal fed fed- eral cral state estate tax on inheritances anc and to tSo subject th the proceeds of life lite insurance insurance ance to the the- state inheritance tax strengthening of cf the drivers drivers' license law and various changes in the method of administering the property tax |