Show equalization board 7 adds to our valuation the state board of equalization has added nearly to the valuation of taxable property for assessment ses purposes tn in 1929 and this comes from two sources the minei and public utilities to be exact the awes assessment on mines has increased and on public utilities or a total pt of the prevailing rate of taxation will be applied against si t this amount and the money will go to the counties in which these industries ure are located it must be remembered that the present taxable wealth is approximately this addition adds nearly 5 per cent for taxing SteB 5 per cent is a very mate and substantial return on any investment now the question Is will the taxing officials do throughout the stute state will they add to the bur den of taxation because there is mow more to tax or will they live within the present expenditures the returns from all the county are are not yet in but on account of the general prosperity throughout the state it is expected that valuation will not decrease lb in any county except tor for very good and substantial rea reasone sonis if the assessors maintain the old assessment balds the new valuation in the state sate will be by economical administration of state affairs there is no reason why the state cannot reduce the state tex tax from 24 mills to 2 32 2 mills this will be ft favorably kv by taxpayers throughout the state oate and an in additional 5 per cant for purposes should he be reflect ea in lower tax bills to every taxpayer there isi 19 no inducement to increase the valuation of property or to find new sources of reve revenue iUie if the officials look up tills this as an opportunity to spend more money in such sue a case it gives relief to nobody and since ali the present cry throughout the stated tato lia relief arpin the tax burder burden this can an be b hall had only wha ri S stricter 11 1 economy and efficiency are arc abbo adhered reel to so that the inema increased ed will have real leal meaning fo 0 o the burdened taxpayers |