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Salt Lake Telegram | 1934-06-04 | Page 4 | Relief for Smokers in New Tax Schedule

Type issue
Date 1934-06-04
Paper Salt Lake Telegram
Language eng
City Salt Lake City
County Salt Lake
Rights No Copyright - United States (NoC-US)
Publisher Digitized by J. Willard Marriott Library, University of Utah
ARK ark:/87278/s6pr941t
Reference URL https://newspapers.lib.utah.edu/ark:/87278/s6pr941t

Page Metadata

Article Title Relief for Smokers in New Tax Schedule
Type article
Date 1934-06-04
Paper Salt Lake Telegram
Language eng
City Salt Lake City
County Salt Lake
Page 4
OCR Text I Relief for Smokers In New j Tax Schedule The tax on 20 years ago was per thousand In 1917 1017 as asa asa asa a war measure it was increased to In 1919 to help make up the loss of revenue caused aused by prohibition it was raised to 3 The war is over prohibition is over Hence the approval approval ap ape l by the house ways and means committee of ot a reduction to or ora ora ora a cut of 40 per cent in the tax on all aU tobacco products is no more than a 1 measure of ot fairness to grower manufacturer manufacturer manufacturer manu manu- retailer and consumer Manufacturers have wisely agreed to turn the benefits of ot the tax decrease decrease de de- de crease to producers and consumers The reduction will make mate It possible to sell the present cent 15 packages of ot for 10 cents and 10 cent for two for 15 cen cents with slight or no reduction of ot profits Greater consumption is certain to follow fol low of which estimates range rang around 40 and 50 per cent This will go far tar toward solving the pressing p problem of the tobacco and probably will vill not reduce the governments government's tax receipts Tobacco bears a 1 heavier excise levy than any other article Thus the user of ot one package of per day pays the government 2190 annually an an- in most cases far more than his income tax Tobacco has been a good horse in helping the treasury over some rough and steep roads It Itis Itis Itis is now time for this steed to be placed on a reduced working schedule St. St StLouis Louis Louts Post i
Reference URL https://newspapers.lib.utah.edu/ark:/87278/s6pr941t/16249190