Historical Newspapers of South Carolina

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

> & I*, ii ir- , i ^ * . •' pj “Shf —■ THUB8PAY, NOVEMBER S. lfM. Tf-J. / # r. Tin BAfeNWSLL PB0PLE-8ENTINBL. BA1NWSLL, SOUTH CAROLINA PACK > VN’ IN — \. SOUTH CAROLINA •-X-- U. ^ Despite the Fact that the Constitution of the State Plainly Provides that • • • r * Taxed at a Uniform and Equal Rate These Pictures Tell a Di PROPERTY ShaU be i. " AUTOMOBILES * Are Tax«d by the State at approximately 1 per cent, of their . value. (Not including license.) THIS WEALTH And Working Capital Is Taxed on an actual 42 per cent valuation basis. CIGARS Are Taxed at from about 16 2-3 to about 33 per • rent of sale prices. BANK DEPOSITS And Cash Money pay no Taxes. a. X > T t$T-Xrzr THIS BUSINESS •' X' j }a Taxed at the rate of from IP*to >11.1-2 per cent. •; . . —.—,—-— *—«.—r "" oa grass receipts. ^ . \ - Iti ^ A RAILROADS ' Pay State Taxes approximating 4 per cent property valuation. The man who owns the store building rented by the merchant pays taxes on a valuation of about 15 per cent., while the merchant is assessed on a 42 per cent actual valuation. Farm Lands and Farm Property Pay Taxes on a valuation of less than 1 per cent, of their actual value. UVE STOCK Is Taxed at about 7-8 of one per cent of actual value K • HOUSEHOLD GOODS Pay Taxes of less than 1-2 of actual value. per cent, of CITY REAL ESTATE Pays State Taxes at an average rate of not more than 2 per cent, of ita value. THIS WEALTH And Working Capital la required te pey no Taxes CANDIES Selling at Mo a pound aad over is taxed It cpat^ while candies selling at leae than HOc are not taxed et all COSMETICS Are Taxed at 4 per cent, of aelling price. 'C X • ' X X X I THIS COMMODITY Is Taxed M off Ha retail cmzENSM TAX ASSOCIATION . *2 -S