Taxation of Railroads in New Jersey

208 pp. An economics study related to railway transportation in New Jersey, providing interesting information about commerce and regulations in the area. CONTENTS: DEVELOPMENT OF THE RAILROAD TAX LAW AND ITS ADMINISTRATION: Ad valorem Basis and Assessment; Assessment Procedure; Equalization of the Railroad Assessment; Review of the Railroad Assessments; Disposition of the Railroad Tax Revenue; Rates of Railroad Taxation; Disposition of the Railroad Tax Revenues; RAILROAD ASSESSMENTS AND TAXES: Growth of Railroad Assessments and Taxes; Effects of Tax Withholding the State Railroad Tax; Effect of Withholding the Class II Railroad Taxes; A CRITICISM OF THE AD VALOREM THEORY OF RAILROAD TAXATION: Theory and Operation of the ad valorem System of Assessment; Theoretical Defects of the 'True Value' Rule; A Rational Technique of Railroad Assessment; Stock and Bond Valuation; Interstate Allocation of System Value; Summary of Calcuation Technique; A CRITICISM OF RAILROAD TAXATION IN NEW JERSEY: Assessment Process in New Jersey; Determination of the Railroad Tax Rates; Disposition of the Railroad Taxes; PROPOSALS AND SUGGESTIONS FOR THE REFORM OF THE NEW JERSEY SYSTEM OF RAILROAD TAXATION: Taxation of Railroads on the Capital Value, or the ad valorem Method; Railroad Tax Commission of 1934; Commission on Tax Law Revision; Essentials of ad valorem Tax Revision; Determination of the Railroad Tax Rate; Determination of the Railroad Tax Rate; Disposition of the Railroad Tax Revenue; Revenue Sharing Under the Tax Rate Theory of Parity of Taxation; Revenue Sharing Under the Specific Tax Rate Theory; Difficulties of ad valorem Railroad Taxation; A Tax on the Gross Receipts from Transportation; Allocation of Gross Earnings; Rate of Tax on Gross Earnings; Local Sharing of a Tax on Gross Earnings; FUTURE REVENUE FROM THE RAILROAD TAXES.