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lMPACT OF 1967 TAX LAW CHANGES ON MlNNEAPOLlS
MlNNESOTA lN LlEU TAX COLLECTlONS AND DlSTRlBUTlON
10-city average 17 percent 1967 Tax Relief 1969 gross revenues 9 I I I I I 9 I o o o o o approximately cities compared commercial office COMMERClAL OFFlCE BUlLDlNG Company Development Research company had 1969 COMPANY The 1967 Dallas Development Research Associates electric utility EXHlBlT fair market value governments HOTEL COMPANY I I 9 I I I I I I I I I I I I I I income tax industrial lieu taxes Manufacturing Company mill levy million Minneapolis prototype companies Minneapolis tax nonfederal taxes percent higher Percentage of Gross property tax relief prototype hotel prototypical family Reform Act Reform and Relief Relief Act Section lll shown in Exhibit SOURCES Arthur Young Taconite tax computations tax payments tax relief fund total taxes types of companies WHOLESALE GROCER xi xi Young & Company