Jasper County Democrat, Volume 9, Number 31, Rensselaer, Jasper County, 3 November 1906 — FOOD FOR THOUGHT [ARTICLE]
FOOD FOR THOUGHT
In 1900, with $152,500 of outstanding court house bonds, a non-partisan county council levied for 1900 a “court house bond tax” of 14 cents, to pay interest and SIO,OOO of maturing bonds, while the total levy for 1900 was only cents on the SIOO valuation. Since then the real and personal assessment of the county has been greatly increased—both in actual property and the increase made by the State Board of Tax Commissioners—-and $15,000 of the court house bonds have been paid off, thus stopping interest on that amount. But, the all republican county council last September, fixed the “court house bond levy” for 1906 at 16 cents to pay interest and SIO,OOO in maturing bonds. Thus the less bonds there are to pay interest on and the more the property assessment of the county increases, the greater levy is “necessary”—under an all republican county council—to pay court house bond interest and principal, and the total levy is 71.19-20 on the SIOO. The mofe you pay the more you owe I What do you think of this, Mr. Taxpayer ? If you want to correct this sort of tax juggling, vote for the democratic candidates on the county ticket next Tuesday.
