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- W81468802 abstract "While Chief Justice Marshall was talking then about trading companies the principle applies to water companies, gas and electric companies and railroad corporations. It is conceded that the taxes of public utility companies, including water companies, have increased faster during the past 10 years than any other item in operating cost and so that taxation each year is more disturbingly affecting the operating cost of the private company as against the municipally owned operating utilities. Only within the past few years has any progress been made in causing the municipally operated utility to pay any taxes. The State of Oregon was the first state to cause public utilities to pay taxes as those privately owned. This statute was passed in 1931. An effort has been made to change the constitution of California to permit the taxation of municipally owned utilities and the people of the State of Washington have agitated for a number of years that the policy of exemption on publicly owned utilities should be abandoned. The complaint was that other tax payers in these States will be compelled to pay taxes that should be borne by cities owning the utilities. While it is difficult to obtain very much in the way of figures showing how much exemption from taxation means in money to the municipally owned utility in reducing its operating expenses it is" @default.
- W81468802 created "2016-06-24" @default.
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- W81468802 date "1933-12-01" @default.
- W81468802 modified "2023-09-27" @default.
- W81468802 title "Tax Exemptions to Municipal Utilities" @default.
- W81468802 doi "https://doi.org/10.1002/j.1551-8833.1933.tb14762.x" @default.
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