| Show ASSESSING CORPORATIONS 11 III California 1 Ili be 01 cit Gro of at It t Ih eams n Oct to the report of the state lax ta which lal mis bc beets n itt In title thIs ell cit for the tho past three days 1 tie IMI final r ort for tor lon to tho Iha legislature time tho ear cor ot of the state wi will bo 10 on their receipts receIpt an amul lot on Ihrl theIr net earnings kind ot of taxation las hns taken out of tho Iho of Ihl tue countIes and r the tho state or of Cal will viii f exercise the right of at tax taxIng log Ing the public out the state This tax 11 will support the state and local property properlY ta tax wi will support the tho county Th The nl aio o that time the ot of real property shall irn he based on the actual value luo of the property 11 in The Ilon also DIo favors n a low tax rate |