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another section which shall provide ter worthy of consideration, I may say for the imposition of a tax as follows: Five per cent. on estates of $1,000,000 and less than $2,000,000.
Ten per cent. on estates of $2,000,000 and less than $3,000,000.
Fifteen per cent. on estates of $3,000,000 and over.
This proposed amendment does not in any manner affect estates of less than $1,000,000, but it does aim at a material increase in the tax paid by very large estates. It will be a matter of interest to show what the effect of such a law would have been, if it had been in force during the past three years.
that from 1879 to October first last, $823,534.51 were expended for committee expenses, exclusive of contested election cases, as is shown by the following table:
Real and Personal Property.
property and the State and local taxes
The table given below shows the ag- for each year from 1846 to 1895, gregate valuation of real and personal
STATEMENT showing the amount of property exempt from taxation in the various counties in the State, taken from the returns of the local assessors of the several towns and cities.
$12,913,310 $229,268,105 $61,630,411
$184,761,444 $53,987,184 $683,903 $6,457,703 $49,805,120
This report does not include the exempt property in the city of Utica and the towns of Ava, Bridgewater, Forestport, Verona and Westmoreland in Oneida county; Fayette and Varick in Seneca county, and Ulster in Ulster county.