Salt Lake Telegram | 1902-02-25 | Page 3 | Millionaire Tax Dodgers Are Caught in a Trap

MILLIONAIRE TAX DODGERS DODDERS ARE CAU CAUGHT IN III A TRAP Their Attempts to Evade Payment By Change of Residence Will Pr Prove ve Costly NEWPORT R R. RI I I. I Feb 25 Mrs 1 Mrs William Astor and the several other New York I multi multi-millionaires multi millionaires who three weeks ago took out certificates of ot citizenship in Rhode Island expecting thus to escape New Yorks York's high taxes now find themselves themselves themselves them them- selves between the devil and the deep sea sea as it were were and their agents and attorneys are very much perturbed over the situation situa situa- tion The taxing authorities of ot New York did not wish to lose the large Income from the tax taxes s of these people and accordingly accordingly accordingly ac ac- ac- ac cordingly the authorities appealed to the court The result was the handing down of ot a decision to the effect that any property found within the State of ot New York was M State taxable t l no by matter the r taxing whether tl te officers the r owner w of r that was wasa a citizen citizen of ot that State or not As practically all the valuable securities ties which go to make up the of rc personal property Y for which Sirs Mrs Astor 8 is taxed in New York are located within that State she according to the decision must continue to pay a tax upon them I Ito to the city of New York even though she has formally become a citizen of ot N Newport This hOUgh r though is not the worst of ot it The tax assessors of ot Newport say that Mrs Astor will have to pay a tax on onIt personal n J property in Newport j t tIt lust s a-s she did in York so o just now It is difficult to see how now she and the others others oth- oth ers who hoped by changing their residence residence residence resi resi- dence to Newport to have their taxes cut in two can escape paying double taxes