116 BUSINESS PROBLEMS 



people than it costs. The large sum of money required to 

 do all this is obtained by taxing the property of the people. 

 The county has need of much money with which to edu- 

 cate its people, build bridges, roads, courthouses, school- 

 houses, take care of its poor, and maintain courts of justice. 

 These expenses are all met by taxing the people and their 

 property. 



138. A poll tax is a tax paid by each male citizen over 

 21 years of age without regard to how little or how much 

 property he owns. 



Real estate is any fixed property, as land and buildings. 

 Personal property is any movable property, as money, 

 household goods, farming implements, cattle, etc. 



139. Property tax is usually listed at so much per $100 

 valuation of property. 



EXERCISE 



1. How much tax does a farmer pay who owns 80 A. of 

 land valued at $30 an acre, assessed at two thirds of its 

 value, and personal property assessed at $600, if the rate of 

 taxation is $1.50 per hundred? $1.14 per hundred? 



2. How much tax does a farmer pay who owns 360 A. of 

 land assessed at $3600, and personal property assessed at 

 $900, if the rate of taxation is $1.50 per hundred ? 



3. How much does the administration of justice cost a 

 county which pays annually on an average for 1944 da. of 

 jury service at $2 per day and for 2^- mo. of a circuit judge's 

 time at the rate of $4200 a year ? 



4. It is estimated by the circuit judge presiding in the 

 county mentioned in problem 3 that nine tenths of the 

 expense was incurred in prosecuting crime of which whisky 

 and ignorance were the direct cause. If this expense were 

 to be met by a poll tax on the 1343 farmers in the county, 

 how much would be the share of each ? 



