Vi REPORT OF THE COMPTROLLER OF THE TREASURY.
Treasury, inasmuch as the proceeds of the sale of bonds on
account of the State roads loan cannot be used by the State
for current expenses, but only for State road construction, and
of the increase from high liquor licenses in Baltimore City only
one-fourth accrues to the State, while three-fourths is returned
to Baltimore City. Hence, the true increase to the State
Treasury is as follows :
High Liquor Licenses, Baltimore City, 1/4 of increase....... $61,760.15
Tax on Gross Receipts of Corporations..................... 47,735.87
Tax on Collateral Inheritances............................ 36,904.60
Total.............................................. $146,400.62
The increase in revenue to the State and Baltimore City
under the operations of the high liquor license law, Chapter 196
of the Acts of the General Assembly of 1908, has been very
great. Prior to the passage of that act the cost of a license to
sell liquor in said City was $250.00 per annum. By the pro-
visions of that statute the license fee was raised to $500.00 for
1908, $750.00 for 1909, and for 1910 and annually thereafter the
fee was increased to $1,000.00, and I beg to submit the follow-
ing statement:
Year.
|
Receipts.
|
Paid to City.
|
Net to State.
|
1907......................
|
$597,951.77
|
$448,813.43
|
$149,138.34
|
1908......................
|
1,003,784.59
|
753,237.14
|
250,547.45
|
1909....................
|
1,279,756.68
|
961,192.26
|
319,564.42
|
1910......................
|
1,526,797.28
|
1,144,820.63
|
381,976.65
|
Equally marked has been the increased revenue to the State
from tax on gross receipts of corporations, viz:
1903.................
|
. $297,466.34
|
1907..................
|
$678,675.87
|
1904.................
|
. 428,385.34
|
1908..............
|
715,602.72
|
1905.................
|
. 462,286.21
|
1909..................
|
642,385.59
|
1906.................
|
581,823.55
|
1910 ..................
|
690,121.46
|
Upon these two sources of revenue has the State largely re-
lied to meet the constantly increasing demands upon the Treas-
ury, the diversion of either of which would be an Irreparable
loss and could only be remedied by the levying of a direct tax.
It will be instructive, however, to eliminate all specifically
dedicated funds as well as the balance from the preceding year
|
|