Show MINING INDUSTRY HARD HIT BY occupation TAX this measure expected to bring in the sum of and means 3 per cent of profits added to the regular taxes members ol 01 the state board ot of equalization estimate that the new occupation tax will bring into the treasury of the state something like 1 they say that nearly one halt half of this money will go to the schools giving about 3 16 per capt ta as there are in round numbers a bout school children in utah the occupation tax ax amounts to 3 per cent ot of the net proceeds of 0 the mines as well as 3 per cent of the net not proceeds of every leasing enterprise and this Is added 1 hi 0 regular net proceeds tax of botne lve and six tenths per cent corporation and every person engaged in the mining industry must also pay a tax of 0 1 I 1 for the privilege of engaging in that business officers of the state board of equalization say that figures have al ready been prepared showing the assessed valuation tor for the various counties under the occupation tax and juab county comes next to salt lake county having a valuation bas ed on net proceeds of mines and leases amounting to 2 salt sait lake county s mining valuation is high on account of the heavy earn ings of the utah copper co at ding ham |