Internet Payments

Secure & Reliable

Your data is encrypted and secure with us.
VeraSafe Security Seal

Lethbridge Herald Newspaper Archives

- Page 62

Join us for 7 days to view your results

Enter your details to get started

or Login

What will you discover?

  • 108,666,265 Obituaries
  • 86,129,063 Archives
  • Birth & Marriages
  • Arrests & legal notices
  • And so much more
Issue Date:
Pages Available: 89

Search All United States newspapers

Research your ancestors and family tree, historical events, famous people and so much more!

Browse U.S. Newspaper Archives

Select the state you are looking for from the map or the list below

OCR Text

Lethbridge Herald, The (Newspaper) - November 1, 1972, Lethbridge, Alberta THE IITHMID01 HRA1D S3 Demand for tax reform is coming from every quarter in U.S. By MICHAEL .T. SN1FFEN WASHINGTON (AP) A great tidal wave of reform is about to break over the bedrock of local governments in the United States: the property tax levied on homeowners. The demand for reform comes from every quater: homeowners and renters, parents of school children and the assessed, state and federal officials economists, tax mayors, governors and even presidential candidates. All the current talk of reform was sparked Aug. 30, 1971, when the California Supreme Court ruled that it was unconstitutional to f i n a n c e public schools primarily from the property tax raised In each local community because this discrimina ted against poor districts. Six courts In other states have made essentially the and one test case is to be heard during the current session of the U.S. Supreme Court. But the taxpayer revolt has been growing for years. In 1970, a study by Educational Research Service found 46.8 per cent of the school bond issues submitted to referendum were rejected and 47.9 per cent of school budget or tax rate referendums were voted down. In the first of this year, another study found, voters defeated. 53 per cent of state and local bond issues. HOMEOWNERS SUFFER Why? Because the property tax has been rising so fast. One homeowner in the Chicago suburb of Des Plaines with a house worth will pay property taxes of this year on the assessed value of the This is up from an assessment of and a tax of in 1968 and an assessment of and a tax of in 1966. In the Tijunga section of Los Angeles, one resident has seen the property tax on his home go from five years ago to three years ago to this year while the assessed value of his home went from to He that the house is worth An Atlanta man whose house is assessed at has seen his property tax more than double in five years. It was five years ago, three years ago and this year. These real cases illustrate another of the problems stalking anybody who would reform the property tax: the wide variations, In the same neighborhoods, in the assessments local governments set on property as the basis for the tax. In the Illinois and California illustrations, the assessments are at roughly a quarter of market value. But in the Atlanta instance, the assessment is 40 per cent of worth. WANT TAXES REDUCED So now the cry Is out for property tax recent Fortune magazine survey found special tax study committees either proposed, at work or finished in 38 states. In California In 1K9 and In New Jersey and New York this year, state study commissions urged the state to take over the cost of public education. A similar recommendation came this year from the President's commission on school finance. BATHROOM capi Pkg. of TOMATOES GEI-NHIZ CONTADINA Canada Grade Choice (Product of U.S.A.) 28 fl. 01. tinj KRAFT OR CREAM STYLE IB. NET WT. JAR MORDEN MANOR STANDARD 14 fl. tins for FACIAL TISSUE WHITE SWAN ISO's 2 ply.....pkg. NABOB COFFEE Mb. net wt. pkg. MANDARINS box STEAK OR ROAST Fresh, Lean.Jb. PORK PICNIC CANADA FANCY MelNTOSH Swift's Eversweet Slked, Rindless Mb. net wt. Store Locations Z025 Mayor Magrath Drive "Collego Mall" 4JO 6th Street South "Downtown" 324 Mayor Magrath Drive Store Hours Open Daily 9 a.m. to 6 p.m. Thunday and Friday a.m. to 9 p.m. flPPLES SNOW WHITE FRESH MUSHROOMS ib. Cello ORIGINATED IN ALBERTA FOR ALBERTA IAMILIES. ;