Show NEW I LAW AW CUTS 1010 TAX V VALUATIONS ALUA Valuations for ta tax ta purposes on household furnishings have been entirely wiped out in some counties by the law granting exemptions up to on this type of property property property prop prop- erty the state t tax x commission commissio reported reported reported re re- re- re ported Monday Reports received by the commission commis commis- zion sion ion show that in Rich county household furnishings were valued at for tax purposes last year and nothing this year J JIn In Salt Lake county according to the commission the drop has been per cent as a result of the exemption law effective for lor forthe forthe the first time this year Last year this this' type of property was valued at and this year at 1 Tremendous reductions are reported re reported re- re ported from other counties Some of them with the percentage of reduction last years year's valuations and this years year's valuations listed in that order are rire Weber county per cent and Utah county county county coun coun- ty per cent and Davis county p per percent percent r cent and 1110 Tooele county per cent and and Carbon county per cent and d The drop in personal property valuations including automobiles and other types is for forthe forthe forthe the entire state the commission said Estimates on the loss of tax revenue revenue revenue reve reve- nue from these reductions are not available at present the commIssion commission commis commIs- commission sion said |