Salt Lake Telegram | 1933-06-23 | Page 24 | U. S. Treasury Expects $100,000,000 Monthly Revenue Rate by End of June

U. U S. S Treasury Expects Monthly Revenue Revenge Rate by End of June B By United Press rrell WASHINGTON June Junc 23 The 23 The treasury expects t tax 1 collections ex exclusive ex- ex elusive of Income tax receipts rc to hit hita hita a a apace pace of a month by the end of June That would be the highest mark since e war days Much of the vast sum goes back inta the nations nation's pockets pock ets in the form of wages public works apportionments and b bounties under the Roosevelt administrations administration's relief acts Beer end and wine ine taxes which amounted amount ed t to in May alone and sharply increased receipts on other items due to expanding business activity activity ac ac- ac are bolstering the governments government's revenues Miscellaneous internal revenue including including in in- nearly all receipts except income income in in- come taxes and customs custom totaled 78 in the first 20 days of June against in the corresponding correspond correspond- ing period of last year The rate was nearly double that of January when was collected in miscellaneous miscellaneous miscellaneous laneous internal revenue Statistics for May made public today today today to to- day showed gains in collections from nearly all nIl sources revenues rose to from in May 1932 Gasoline on which there was no federal tax a year ago brought in against only ony in April The 2 cent bank check tax brou brought ht in in 13 1 May against in April reflecting the gradual gradual grad grad- ual reopening of banking bankins facilities The government profited handsomely handsome handsome- ly from the growing rowin anxiety in stock and commodity markets Stock transfer transfer trans trans- fer taxes in May amounted to against in April Taxes on future del deliveries ivories s of commodities rose rose from iri in April to in m May