Show I II I- I Bailey Proposes I State Income Tax V VV i V For Study S I V William Bal Bailey president of the state board of and und a as assessment as- as I and member of ot the National Ta Tax association has been requested b by the fhe association to suggest some matters for discussion at the next an annual annual an- an nual mial meeting and in his reply he says V I 1 would like to lo emphasize the im importance importance Im- Im S of f a well prepared paper on the in Income ome tax along the line as to whether It should be supplementary Or r what its real place V is In o our oCr r taxation taxation taxa taxa- tion system particularly If It the bill now flow pending In congress as affecting national banks falls ails to carry As far tar as this state Is concerned It appears to me that unless this bill becomes a law it is absolutely useless as we w-e are laboring under the old general general general gen gen- eral property tax law V and to apply an income tax without necessary ex exemptions exemptions ex- ex would be out of ot the question ques ques- tion Yet the are demanding an income tax law to such an extent that I should like to havo have further discussion discussion discussion discus discus- sion of It also something definite be before before be- be fore foro the conference on on- on the question of exemptions In the income tax as asto asto asto to whether property should hould be de deducted deducted deducted de- de ducted etc As to a gasoline tax I would like to see this discussed and thus obtain the opinion of ot some capable person if it ifa ifa ita a gasoline tax Is applied whether it should supplant the tax or orbe orbe orbe be the means of ot low lowering ei ing the license tax on motor vehicles ot or whether all three systems should be applied as if not carefully studied it might lead to extremes V V Assessment of real property should be discussed because it is quite evident evident evi evi- dent debt that since the war quite a a. burden burden burden bur bur- den has fallen ort ori this property and some discussion as to its proper place in tho the readjustment V well be betaken betaken taken up These are the problems that are confronting us in Utah more particularly particularly particularly par par- than any others V V |