Louis Brandeis, Baker v. Druesedow — Opinion of the Court
“ It has long been settled that the due process clause does not preclude a state from taxing the intangible property of a railroad, or from ascertaining its value substantially in the manner prescribed by the statute herein assailed; that the equal protection clause is not violated by prescribing different rules of taxation for railroad companies than for concerns engaged in other lines of business ”
Louis Brandeis, Baker v. Druesedow — Opinion of the Court
“ It is the settled law of the state that equitable relief will not be granted, on the ground of discrimination, against an excessive assessment of either one, if, taking the tax on tangible and the tax on intangible property together, the taxpayer is not called upon to pay, on the average, on a higher percentage of the actual value than are other persons and property. ”
Louis Brandeis, Baker v. Druesedow — Opinion of the Court
“ Under the laws of Texas ad valorem taxes for both state and county purposes, are laid upon the property of a railroad in every county in which its line is located. The value is determined separately for tangible and for intangible property. The assessment of the tangible property is made by county officials. The assessment of the intangible property is fixed by the state tax board. It values the intangible property of the company as a whole ”
