Word: assessors
(lookup in dictionary)
(lookup stats)
Dates: during 1890-1890
Sort By: most recent first
(reverse)
...impracticable. But even then it necessitated personal inquisitions, and was always unpopular. In modern times, however, much taxable property is intangible, as, for instance, stocks, bonds, and bills of exchange. Such property is subject to great and even frightful fluctuations of value. It is therefore utterly impossible for an assessor to find out what the actual wealth of a given taxpayer really is. The machinery of oaths by which the system of infinitesimal local taxation is carried on is useless, and leads to the impairment of the public sense of justice and morality...