File:Illinois Agricultural Association record (microform) (January 1931- December 1934) (16672403792).jpg

Title: Illinois Agricultural Association record (microform)
Identifier: 5060538.1931-1934
Year: 1931- December 1934 January 1931- December 1934 (Jan0s)
Authors: Illinois Agricultural Association; Illinois Agricultural Association. Record
Subjects: Agriculture
Publisher: Mendota, Ill. : The Association
Contributing Library: University of Illinois Urbana-Champaign
Digitizing Sponsor: University of Illinois Urbana-Champaign

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'.^^I'^lf^pj' AprU, 1033 THE I. A. A. RECORD Page Five lii The State Sales Tax I. A. A. Amendments Provide For Equitable Distribution And Make It a Replacement Tax Enactment of the administra- tion's state sales tax which went into effect April 1 paves the way for substantial reductions in prop- erty taxes in all down-state coun- ties where unemployment relief is not a major problem. The measure of relief to property will depend upon the amount of revenue raised by the new taxing measure. Based on estimated re- turns of $40,000,000 in the next twelve months, the sales tax will make possible reductions in levies against property for educational purposes in the various counties as indicated in the accompanying table. The revenue from the sales tax in each county will be used wholly to reduce property taxes for educa- tional purposes unless the county board by a two-thirds vote decides that part or all of such revenue be diverted for unemployment re- relief in 1933 or 1934. The prospective reduction in property taxes, according to John C. Watson, director of taxation, who compiled the data, is contingent upon all of the money returned to the counties being used for educa- tional purposes in which case levies against property by school districts must be cut to the extent funds are derived from the sales tax. The re- duction in property taxes, likewise, is contingent upon local school boards not increasing their levies for educational purposes above ex- penditures in the school year of 1930-31. "If any school board," said Mr. Watson, "takes advantage of the situation to increase its levy in the coming year above the 1930-31 fig- ure the effect will be to lower the saving made possible by the re- placement feature of the sales tax. It is up to the taxpayers of every county to see that there is no un- necessary diversion of sales tax revenue to unemployment relief, and also to see that school boards hold down their levies consistent with the greatly reduced ability to pay, of property owners." Some question has arisen regard- ing the Illinois Agricultural Associa- tion's interest and part in the pas- sage of the state sales tax com- mented President Earl C. Smith. The I. A. A. did not sponsor this measure. The sales tax was sponsored by the state adminis- tration. The original measure provided that all revenue was to be made available to the state unem- ployment relief commission. Ex- penses in 1932 revealed that Cook county received more than 90 per (Continued on page 6)
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called on President Roosevelt recently. The White House is in the Background. Left to rlKht! Henry A. Wallace, Secretary of Agrrrlcnltarei C. E. Huff, prefildent. Farmers National Grain Corp.; Ralph Snyder, NatM Committee of Farm Orgranlxations; Earl C. Smitli, president, Illinoia Asrlcultural Ass'nt W. B. Blalock, president, American Cotton Co-op. Ass'n; Dr. O. O. Wolf. Director, National Livestoclc Marlcetlng Ass'n; Cons. W. P. Lambertson, vice-nresident. Farmers Union; M. L. Wilson, Montana Asricnltural Collesei Dante Pierce, publislier Wallace's Farmer-Iowa Homestead.

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