Eureka Reporter | 1917-09-14 | Page 1 | Tintic Mines Will be Hit Hard by War Tax

MINES WILL 01 HIT HARD BY WAR bill which levied a heavy toll against excess profits will irean wean the payment of large S ams by mines of district mines of the be gintic tintic Tin tic diet let will be hard hit by the war revenue bill which levies a heavy toll on the earnings of individuals and corpor actions the past year has been a prosperous one tor for the properties or this district and now they will be lied fled or ar on to pay large sums oc of money under the excess profits tax 1 1 he mines shih will pay the I 1 largest larget sams in taxes a e the clile consolidated the tle eagle 4 1 blue bell the mammoth and iron blossom quite a number ot of othe local nines it ines have made substantial dividend dia dis bur burBe ments during the year but these payments pay have not been large eno enough ugh to put the companies in line for leavy taxation under the excess pro fits hil the taxes of the chief ed company tor for the present year will wilt amount to almost a quarter of a i till tit lion dollars and the eagle blue ell id I d mammoth corona lies will be called upon for almos AS mu much ell niane