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Excerpt from The Financial History of Wisconsin The striking characteristics of Wisconsin's financial history are many and significant, among Which may be mentioned, the careful provisions of the Constitution to guard against a great and burdensome state debt, the great extravagance in local communities, the Constitutional struggle as to the meaning of uniformity in taxation and as to the Constitutional limitations on the taxing power of the legislature, the fraud, waste, and corruption that characterized the sale and management of the state lands and also the administration of the Trust or Educa tion Funds arising from the sale of such lands, the great and steady increase in expenditure for state administration, the great development of corporation taxes, the rapid development and extension of the state administered ad valorem tax on public service corporations, and the recent significant and im portant developments in the direction of a complete centrali zation in the assessment and levy of local taxes. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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