212 



MASS. EXPERIMENT STATION BULLETIN 25(J 



CHART 11. Total Taxes Paid by Massachusetts Corporations for All Purposes, In- 

 cluding Estimated Local Property Taxes and State and Federal 

 Taxes, 1916-1925. 



Millions of 



OoLLARd 



350 



250 



200 



150 



100 



1925 



assessed valuations of property. In I9I7 the State income tax law removed in- 

 tangible property from the jurisdiction of local assessors. Since that time the 

 local tax rate has applied only to real estate and tangible personal property. 



The tax rate has been increasing gradually since 1910, indicating that taxes 

 have increased faster than ability to pay as measured by assessed valuation. 

 This is shown by Table 40, obtained by dividing the total property taxes levied 

 each year by the total assessed valuation for that year. 



1 Adapted from reports of the Commissioner of Corporations and Taxation. 



