Show Petition Raps Tax Laws BINGHAM Feb 4 A i A petition i to be presented to Salt Lake county county coun coun- ty tj legislators to oppose the Introduction introduction introduction In or passage of any severance severance sev sev- erance crance tax laws by the state legislature legislature legis legis- lature laturo was being circulated in Bingham for signatures Friday The petition was drawn up at a recent meeting of some 50 businessmen businessmen businessmen busi busi- and civic leaders of the community Bob Jimas spokesman declared When signed it will vill be pr presented to Mrs Louie Loule C. C Mitchell Mitch Mitch- ell D D. Salt SaIL Lake member of the house of representatives with a request sho she pass it on to the tho other representatives and nd senators from the coun county tj The petition states tho the proponents proponents proponents pro pro- of such a measure have little apparent appreciation of the fact that the natural resource IndustrIes in industries industries In- In are arc bearing their ble and fair Cair share of the tax x burden burden bur bur- den and that additional tax burdens burdens burdens bur bur- dens would merely tend to shorten the productive life liCe of these industries Indus indus- tries tries- It is the opinion of tho the citizens and businessmen of Bingham Canyon Canyon Canyon Can Can- yon and surrounding areas that such a tax would retard the ultimate ultimate ultimate ulti ulti- mate development of our potential potential poten poten- mineral wealth as al well as other unexplored resource resources the seven paragraph petition further stated Mr Jimas said It also points out that this area in particular and a large segment of the states state's population arc are de dc- de- de pendent either directly or indirectly indirect indirect- ly upon the natural resource in industries industries industries in- in and deem It advisable to encourage the expansion of the manufacturing and processing of such resource Mr Jimas concluded con con- |