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Taxation In The City Of Paris

Taxation In The City Of Paris image
Parent Issue
Day
20
Month
July
Year
1877
Copyright
Public Domain
OCR Text

The budget estirante for the city of Paris for the year 1878 lias been prepared and distributed to tlie members of the Municipal Council. The expeuilitnrc for tlie ensuing yeur is reckoned nt the enormous sum of 254,837,732 francs, or upwardof 50,000,000. There is, however, no lack of funds to meet it. The receipts from tlie octroi alone are estiinated at 121,000,000 francs. The gas eompnny pays 8,500,000 francs, and the omnibus company - "for the right of circulation " - soniething over 4,000,000 francs. Of the total expendí ture notfar from one-half is incnrred to meet tlie interest of the city debt and to pay off a portion of tlie principal. Among the appropriations nsked for is $78,000 fi r "fiüenrts." The amount of local taxition for each inhabitant is averaped at $25. Of national taxes every French man, woman aud child pays 15 vear!y on the average. Reckouing each family at four persons, we flnd the average I'iirisinn citizcu and heat of a household payiiig 860 to the State nnd 100 to the city, or $1GO a year iu all.

Article

Subjects
Old News
Michigan Argus