Show S 'S TAX X O 1 In Is J. mil Sn a I 11 i t r. r Of or all the lie unjust S laws passed rl b by y Utah etah le legislatures In years past st we believe belle that lint s section 1 TI i of chapter of ot th the tho laws of 1007 In is the lie limit says RaS tho time l Eureka Reporter Th This Is Ju aw no Imposes S a tai lax or annual license upon corporations time the amount of oC tax lax being based upon IOn the time amount for which the time company is d. d Tho The worst feature of or tho thom law lav aw Is that it makes JUnko a a. a small mall mining Company compau operating a a. pro prospect p cl without n a i pound hound of or ore Oc In RI sight ht pay a it tn tax tac that Is as nR hl hugh l a as the tax levied IO ll against seine me of or the biggest raining mining and smelting smelt smelt- mellIn In ing ng companies In tho ho mute Th The com corn pany any may not have haw sufficient mone money In n the time treasury to operate operal Its property jut but according to the law this tax must mURt he e paid haul jU Just l the same This tax ranges cs from froni 5 i a year for corpora lions I with a n capital stock o of or under to o 50 50 a year ear for corporations ln ha having I I It IL capital stock of or or 0 over Thc Tho I 1 richest chest corporation i Jn h the tho stateS state ln having I capital l stock representing millions car cal L only bo be taxed 50 50 a it y year ar r. r if Ie thom there Is h i TL MI ff f r In f lh Vm t I. I IA ins un t tili i A oAr inn antI and nd OOOO corporations R why h should shoil h I thieve here not be a it difference hel between w en 1 and und corporations When H it mining company in III or organize anle 1 I the tho ho must pay 1 p. p tax Into the he state tl treasury if Ir hu buildings s tire Hr L er erected UnIt and machinery n coun comm t ty y taxes must be paid annually if th the a property produces oro then t there IH Is a tax ax upon tipon the time not net proceeds and now tim the C state Is trying to collect a 3 tax to up upi in ri the authorized capital stock which li ii In ii most Instances IK is o of an 1 uncertain mm value tic We f believe that hat th the law IR is that It should 11 be lie wipe win ml 1 from rom the thC lie statute books of or th the state |