Page:The Wizard of Wall Street and his Wealth.djvu/299

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became a pure matter of guesswork. Then he could come in and swear down the valuations."

The tax commissioners are compelled to take any man's affidavit as to the value of his personal property, and, as Commissioner Baker put it, "Where it's a question of dollars and cents, we find every man's conscience becomes rather pliable."

Mr. Gould seems not to have cared to pass as an exception to so well-established a rule, and hence the modest estimate he placed on his earthly possessions for the purposes of the tax collector. As a result of this trustful feature of the assessment laws, $25,000 a year is said to be an ample estimate for the entire amount of annual taxes Mr. Gould paid on his variously estimated millions.