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Show INCREASE SHOWN r " IN USX BILL GOVERNMENT RECEIPTS BILLION AND HALF DOLLARS MORE ' ' ' THAN LAST YEAR. In First Full Year of Prohibition Era There Was Net Reduction of $343,-000,000 $343,-000,000 in Taxes on Distilled and Fermented Liquors. Washington. America's tax bill for the fiscal year ending June 30 amounted amount-ed to $5,408,075,408, approximately a billion, and a .half dollars more than was paid into the federal treasury in the previous twelve months. The i figures were contained in the preliminary prelim-inary report of the commissioner of internal revenue, made public October Octo-ber 10. It shows that from income and profits taxes the government received re-ceived approximately tjhree-fourtfis of all its revenue. In these two Items there was, an increase of $1,356,000,000 over the fiscal year of 1919, receipts for the two years being: 1920, $3,957,-701,000; $3,957,-701,000; 1919, $2,000,000,000. , t , From multifarious sources of "miscellaneous" "mis-cellaneous" taxation the levy produced $1,450,374,000, an increase over the previous year of $201,000,000. ' Internal revenue receipts for all states and territories was $5,408,075,-4G8. $5,408,075,-4G8. In the first full year of the pr6hlbi-tion pr6hlbi-tion era there was a net reduction of $343,000,000 in taxes on distilled and fermented liquors, the report shows. From distilled spirits the government received $97,907,000 in the last fiscal year, while the taxes from the same source in 1919 were $305,211,000. Taxes on fermented liquors for the last fiscal fis-cal year aggregated $41,905,000 and for the fiscal year of 1919, $117,839,-000. $117,839,-000. ' The transportation tax", which had been estimated to produce about $2i5,-000,000 $2i5,-000,000 annually, reached $307,808,000 for the last fiscal year. Thh included taxes on freight, passenger, express, telephone and telegraph, and transfer of oil by. pipe line. ."...' ; .Excise. and special taxes, Including the "luxury tax," brought about $373,-0(10,000 $373,-0(10,000 into the treasury.. One of the chief items in this list was the tax on motor cars, which, netted $144,000,000. f. Taxes on jewelry, cosmetics and other so-called luxuries produced another an-other $50,000,000. The special corporation corpor-ation tax on the value of its stock yielded $93,000,000. ; The 1919 consumption of cigars was 7,110,000,000, and in the fiscal year of 1920 ranged slightly above 8,200,-000,000. 8,200,-000,000. i ' The report showed that tuxes had been paid on 30,950,000,000 cigarettes in 1918, 38,100,000,00 In 1919 and 50,-400,000",000 50,-400,000",000 in the fiscal year ended June 30. Commissioner Williams reported the year's expenditures of the bureau of internal revenue at $27,700,000. This included an expenditure of .$2,100,000 for enforcement of prohibition, $405,-000 $405,-000 for enforcement of the narcotic-laws, narcotic-laws, and $90,000 used in enforcing the laws against child labor. The actual cost of tax collection Mr. Williams Will-iams estimated at 50 cents on each $100 collected, an expenditure of nbout 1 per cent more than in 1919. |
