Lantz v. Hanna

Citations

• 111 Kan. 461
• 207 P. 767
• 1922 Kan. LEXIS 278

Syllabus

<p>SYLLABUS BY THE COURT.</p> <p>Taxation — Provision of Section 11163, Gen. Stat. 1916, Relating to Taxation oj United States Bonds Unconstitutional. The portion of section 11163 of the General Statutes of 1915 which provides that, where bonds of the United States have been purchased during the year preceding March 1, a sum shall be listed for taxation as money on hand on March 1, computed by dividing the value of the bonds by twelve, and multiplying the quotient by the number of months of the year remaining after deducting the time the bonds were owned, violates the constitutional principles of equality and uniformity in property taxation in this state, denies purchasers of government bonds the equal protection of the laws guaranteed by the federal constitution, and violates the federal statute exempting bonds of the federal government from state taxation.</p>