(h) Treatment of special privileges granted to public-service corporations for the use of streets and public highways on the principle of rent-payment to the community rather than by levying a percentage on an assessment.
[Footnote 1: For example, the constitution of Alabama declares: "All taxes levied on property in this state shall be assessed in exact proportion to the value of such property," etc. And the constitution of Indiana declares: "The general assembly shall provide, by law, for a uniform and equal rate of assessment and taxation of all property, both real and personal, excepting," etc. Similar statements occur in most state constitutions.]
[Footnote 2: The general property tax in the United States constitutes:
Of the revenue receipts of the states 38 per cent.
Of the revenue receipts of the counties 76 per cent.
Of the revenue receipts of the incorporated places. 60 per cent.
The total amount collected in this way in 1913 was over $1,083,000,000.]
[Footnote 3: See above, ch. 2, secs. 2, 3, and reference there to Vol.
I.]
[Footnote 4: See above, ch. 2.]
[Footnote 5: See Vol. I, pp. 116, 117, 145, 445-455.]
[Footnote 6: See Vol. I, pp. 117, 146, 453.]
[Footnote 7: See above, sec. 4.]