Show THE THE NEW HEW TAXES J Bill Will Cause t consumers of Utah o 0 Dig Deep in in Pockets Pockets' I Etor's note This I Is b the first 5 of f arf articles cies feU telling ni how 1 tax Uv Increases to meet Mart nal Ma na- na- na rt l defense needs will affect PAIL L STAPLES day morning a stream of l begin jingling through tills of the nations nation's business Bind and right on into the federal iw r to to satisfy demands of the revenue evenUe bill approved by byess byess ess last Saturday Taxes go up j on n liquors b beer er ci f ts am amusement i nt l tickets K auto automobile f r mobile sales gasoline oil refrigerator refrigerators radios tires stock and bond sales sas auto accessories firearms firearms firearms fire fire- arms safe deposit boxes playing cards club dub dues and man many other articles Taxes on incomes shoot upward and exemptions come down so as asto as' as asto asto to catch an estimated more wage vage and salary earners over the nation in m lower income brackets brack brack- ets There is no way of d determining what the he new taxes will mean mean in in- in th their ir entirety in dollars and cents to Lo but officiate officials of the Salt Lake office of the bureau of internal internal in internal in- in revenue estimate that at least more salary earners in the state will pill have ha to file income income in income in- in come tax ret returns n next March Reasonably accurate estimates of what the increases mean to Utah in m some fields can be made an anThe and The Telegram offers a of them To the approximate persons persons persons persons' per per- sons sons' who have permits to purchase liquor in Utah the additional cost will be about 45 a month should these persons continue to toby buy by liquor at about the same rate as in the past the state liquor control commission estimates Pay More for Liquor Beginning Monday morning you will pay if you are a purchaser of liquor from 12 to 15 cents more morea a pint and from 24 to 30 cents more morea a quart for the stuff you mix with your ice and arid soda water Not all aU of this increase goes roes goes to the federal government of it will go to the state Actually the additional cost to the liquor commission is which represents the federal tax increase increase But the state law sets forth that the commiSsion commission must est establish its 50 50 per cent up mark-up the st states state's t s 's jross gross profit on the cost of the liquor to it Therefore when the cost of liquor liquor liquor to the commission rises 30 the 50 per cent up mark-up covers that additional amount amount yielding yielding ng the state an additional a month Tax Tac on Present Stock Not even all of the liquors the commission has stocked in m its stores are are free from the increased ed tax tax At the cl close se of business S Saturday Saturday Satur Satur- tur- tur day night night the commission commission will wll take inventory of its stocks and pay taxes ta t to th the amou amount t o of the increase on them except on proof g gallons exempted in each store This floor stock tax ta will cost host the commission and arid eventually the consumer James W. W Funk commission chairman estimates and their friends who vho join them in one consume approximately approximately approximately ap ap- ap- ap proximately wine-gallons wine of distilled spirits spirit a month This liquor liquor liquor averages 90 proof and nd the federal federal federal fed fed- eral tax on it a gallon under the the theold old t ta tax schedule This Thi- means that that this states st fe fe f liquor or drinkers paid abo about t a year on their refreshments under the old se setUp set Increase of The federal tax ta has been increased increased in increased in- in creased from 2 25 per proof gallon to Under the additional additional additional addi addi- taxes should users continue to to consume as much liquor as inthe in inthe th the past will vill pay 1429 annually annually annually-an an increase of per pr yea year So far we have been talking only about distilled spirits There is js s beer and wine wine also and the tax is Js boosted on joh both The The tax on n beer is raised from 5 to 6 a barrel The state tax commission collected state taxes on barrels for the last 12 month period indicating that much h hof hof of the beverage beverage- is consumed in Utah To Hike Beer Ta Tax Tar Under the theold old federal tax schedule schedule schedule sched sched- ule the cost cost of these taxes would be approximately per year Under the new new schedule if keep up their beer d drinking inking habits the cost should be around annually an annually an increase of The liquor commissions commission's annual inventory of wine is is Lt gallons of which approximately gallons is sweet wines wines wiles The federa federal t taxes on sweet wines have been increased 8 cents a galon gallon gallon gal gal- lon which should mean an annual additional cost to co consumers of on a basis of p past t drinking The ta taxes es' es on dry wines vines have been increased 1 cent centa a gallon allon which should mean about in additional costs annually to consumers consumes t y Next What Shat you ou pay in federal taxes on automobiles oil amusement nt tickets refrigerators an items Item |