26 May 1846
Page 1
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This newspaper page contains 2 articles. Subscribers can read the full text of each article.
Newspaper
Huron Reflector
Location
Norwalk, Ohio, United States of America
Date
May 26, 1846
Page
1
The article discusses former Auditor John Ough and the push for a cash valuation tax reform. It notes the advocates claimed the current system unfairly taxes personal property while undervaluing land, and argues a universal cash valuation would reduce burdens and improve state finances. It quotes 1842 statements by Mr. Brough supporting revision and highlights expected benefits to public credit and equity.
In December 1843 Mr Brough argues for a cash valuation basis to tax capital and land, contending current laws are unequal, that real wealth bears too little tax, and that reform is essential for justice and revenue. He cites examples of inequity between landowners and capital invested, calls for reform and cites New York and other states as precedent.
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