Salt Lake Telegram | 1936-09-25 | Page 8 | Blood Tells Tax Loss of Planned Act

BLOOD TELLS TAX LOSS LOSS' OF PLANNED ACT I I. I PROVO The PROVO The report of ot the committee of nine indicates approximately approximately approximately ap ap- ap- ap proximately will be lost to the state in revenues if it the homestead exemption act is passed Governor Henry H. H Blood told members pf tf the Kiwanis club Thursday Fifty p per r cent of this loss would be suffered by by- school 20 per cent by cities and 23 per cent by counties counties counties coun coun- ties Governor Blood said aid New ta taxes es or economies economics must be placed in hi effect to compensate for the losses he pointed out