Show LAND LEASK TAX considered salt lake jan 31 A bill providing tor for a tax upon oil land leases which would take care af possible development ot of oil all wells la in utah between the adjournment of at the present legislature and the convening ot at the fifteenth legi legislature stature tw two 0 y years e arg hence Is being discus discussed sOd by state late tax experts such a measure it la to aid said would provide for a levy in id all cases where oil may be struck and the proposal while not liot developed into the form of a tax bill Is in being considered from ah angles with a possibility of securing for the state some revenue from leasers of federal oil lands A tax on all leases Is amon among the tile suggestions being considered but investigation of the possibilities of such has not yet disclosed whether or not it would bo be legal that the tax experts are ee me extensive oil all development I 1 sa ake tk teto tn in the next two years Is to 9 6 ry apar ent and they intend to draw ey up a bill which will give the state a rey chuo from oil all welle wells if any ay are brought tn in it ia in said that state reye revenues cold bo be increased materially train fro eh wells and abat at the sane time a increased revenue from new would help to cut down the tax rate t of at persons and companies cora panlee HOW now MM M tu bo he groaning under a heavy tox ux burden members of fae the beard board of i equalization are understood te to bei studying tho question loa aad and it was w 14 yesterday that it was likely oa on i acing wells or bly on leasers leaders lea sers may bo be introduced before the session sesele adjourns |