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Show INHERITANCE TAX UPHELD. A very Important derision was rendered ren-dered hy Judge Hall )estcrd1). 111 the suit nf Slnte Treasurer Dixon, sustaining sus-taining the Inheiltnncc tax Imposed by chapter 61, liws of rnoi. This statute dliects the collection of a tnx of 5 per cent, on nil piopcrty above the net value of $10.0il0 that passes by will or by the statutes of Inheritance, nnd makes all executors, administrators, trustees nnd grantees liable for the amount of the tax, which In mndo a lien on the estate until paid The law Is not subject sub-ject to the objections laid against some statutes passed for n like purpose. In thit It eloes not make different classes nf estates according to their value, with vnr)lng rates of taxation, light nn small estates and henvler Ukii the larger estates, but It Is uniform and direct, alike upon nil above the amount stated. And )et the courts have generally gen-erally upheld the graduated tnx on successions suc-cessions or Inheritances, nnd the legislatures legis-latures nre universally Imposing such tnxes, and ninklng the limit of value of those to be taxed considerably below Ihe Jin.OOd flxetl In tho Utah statute. Tho decision will no doubt stand ns good law, und the State must In thc teiuisc ot )cars derive targe revenues ftntn this source The eiuesllon enmc up on thc demand of the Slate for tho pay-1111 pay-1111 nt of thin tux In Ihe estate of James SI. Hlcketts, and amounts lo clone upon a thousand dollars, counting the Interest Inter-est which the law specifies Is to run until un-til this tnx Is paid. |