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and talk the basic principles, which is not true always.
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Yes, Governor Lane has taken a simple incident there to
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tell you how a problem could be ironed out, and I think
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it quite appropriate for me to tell you what it was.
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The estimates of the State Department of
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Education are based upon in part the assessable basis
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as given to us by the State Tax Comaissloner. If they
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needed, in those days, possibly a quarter of a million
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dollars — I've forgotten exactly what — say n half a
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million out of a couple of hundred million, that is all
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right. I don't remember exactly. New, how can you do
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it?
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Everybody knows in the Department, everybody
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in the Budget Director's office knows it, the legislators
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know it, that if you simply change your estimate of the
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number of the assessable basis, you have cut down the
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State budget because your tax is predicated upon this
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assessable basis. It is a very simple thing to do and,
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frankly, that is the way you build up your surpluses,
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by the simple device of making an estimate, I don't
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mean to imply any motives or to say that it is necessaril
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