| Show WAR REVENUE BILL PLANNED TO i RAISE WOO IN YEAR h ten en per cent increase added to all existing duties and articles now on free list are taxed 10 per cent incomes are hit hard an extra tax of one third added to all individual incomes for 1916 following rite some of the articles in brilly use mcki will he be taxed under the new war revenue IIII bill stock exchange transactions on each sale future delivery for each 2 cents capital stock on each original issue of 6 5 cents on transfers on each face value 2 cents bonds debentures etc on each face value 5 cents indemnity bonds BO 50 cents where premium Is in excess of I 1 per cent of premium charge braf drafts checks notes and renewals or extensions for each 2 cents deeds conveying lands or realty for the first to 50 60 cents for each or nr additional or fraction 50 cents life insurance policies except industrial or weekly 8 cents on each marine international and fire insurance premi premiums umi I 1 per cent casualty policy premiums q I 1 per cent freight hills bills 3 per cent passenger tickets 10 per cent steamship tickets for foreign port 10 to 30 1 30 to 60 53 3 exceeding 60 5 seats berths or state stater coms rail or water 10 per cent express rates i i 10 per cent automobiles and motorcycles 5 per cent on wholesale price tires t i 5 per cent light heat and telephone one bills I 1 aper 6 per cent telephone long dia distance tance 5 cents on each toll message over musical instruments 5 per cent on those costing over 10 talking machines 5 6 per cent on those costing over 10 jewelry aper 6 per cent cosmetics and proprietary medicines 5 per cent on wholesale price amusement tickets charity excepted 11 cents for each 10 cents of ad mission price except where maximum Is 5 cents washington the administration revenue bill na as unanimously upon by tile house committee on boya vuya and means and hd reported to I 1 lie house wednesday Is t estimated to produce a your year if the fra brainers iners overlooked tiny tan giblo article upon which it ts Is possible to levy a tax tas it was not because ot of any desire to do so incomes inheritances business profits liquors tobacco automobiles moving baseball gaines medicines letter postage trails por port atlon tation and jewelry arc among nan fig somo some of the things which will hill feel the buron burden of taxation tariff will yield tito tho committee found aund it necessary to jo go to the tariff to make up tip a deficit dencle or of something like this was done hyi bi pit in agreement to a tax of if 10 percent per cent upon all articles now on tho the free list anol 10 per cent additional louill upon till all articles now ow upon the lie dutiable list tax increases na as hinde public fly by Chair hitchin follow 1 taxes for the year ending december 31 1913 1916 have been increased exactly one third these tj ta kaoi are due in june 1 bave lave been reduced to 1000 for single men and 2000 for married men the normal tax on new cla i asee of 7 incomes to be taxed those between 1000 land and for single men and between 2000 and for married men has been fixed at 2 per cent normal taxes on all incomes l comee formerly taxed those above P ODO for single men and for married men have h ave been increased from 2 to io 4 per cent increases in all surtaxes Sur taxes the increased sur taxes are as as fol low lowse to iper 1 per cent to k aper 2 per cent io to aper 3 per cent to aper 4 per cent to aper 6 per cent to aper 6 per cent to aper 8 per cent to 11 per percent cent to 14 per cent 17 per cent to 20 per cent to 24 per cent to 27 per cent to 30 per cent ODO and upwards 37 per cent tho the inheritance tax starts marts with otte nic hulf half of 1 per cent as the basle basic till tax on oil till nil estates estate 4 of rf or les lem tito alio renta remainder Inder of ih tho s Is tit ip fillod to tile hie various excesses excesses in graduation as follows inheritance tax scale on excess of diioro lhnn but not hot exceeding 1 per vent cent on icess excess ot of inore than but not exceeding I 1 per cent on excess of more than but bill not exceeding 2 per cent on excess of inore than lut but not 2 per cent on excess of more than but not P tiding S per cent on excess of moro more than 1 hut but not exceeding 3 per cent or excess 0 of moro more than yi but bitt not hot exceeding 4 per cent on excess of more than S but not exceeding 4 per cent on 01 excess of more than thaia but blit not exceeding 5 per cent on oil excess of more lhnn but not exceeding 7 per cent on mil excess of wore more than linn but not hot exceeding MCCE 10 per pe coal cent on oil excess of moa more than lian A in 15 per cent tho the income hix schedules were not no changed except for tile tho to place nn an added tax of one third ou on individual income taxes which tire due in ili juno june of this year car under this provision time those who ho aar ady filice bald their income texes for the year ending december ai 31 1010 win will alive to pai baj another one third of their heir taxes again and those who have not paid will haye to to pay one third more when they dir de pay tito tax on excess profits was not changed and stands us its printed previously at 10 16 per cent on profits over 8 per cent and liquor touched up tito tax fair on oil spirits whisky and sim liar ains been increased to 2 20 per gallon billion tile the tux tax on an beer Is per barril barrel I 1 the rhe tux tax on rectifiers Is 15 conta cents per gallon the tax on tobacco lins has been dou don lied bled tito tho taxes on cigars iino have been nil nd to it a new schedule ranging from SO 50 cents to 10 per er thousand retail value i the bill specifies specifics that purchasers sere shall pay the 10 per cent tax ou on ninus ement theater und and baseball tick ets A new tax of 5 per cent on hent light ana tele telephone phout bills i V it 9 in inserted R arted in tho the hill bill under this section alien the lie householder gots goes to pay his month ly bills for these articles he will have to pay an additional 0 5 per cent of tile the amount of the bills for the support of 0 tho the government tito tho stamp tax tai on telephone and telegraph rles messages was ni fixed at 6 11 cents on each iness ines ngo sage the toll of which it IS more than 15 cents commuters tickets were exempt from the passenger ticket tax of 10 per cent tax who where re tho the ono one woy way faro fare it Is less leis thim 25 cents mall mail rate increases tito second clu class mall rate increase was decided on according to the zone system on motion of dixon of indiana till tills was reduced to ohp follow following flig two cents a pound on second cla clasi sa mull mall in ill first nna anil second zones tones three cents centa it pound on oil second class mail in the he third aind fourth zones five cents a pound on oil second class amill in the fifth and sixth milli zones six cents a pound on second class mail in the seventh and eighth religious fra fraternal imbor and agricultural papers not operated for profit were vote put on a straight ono one and ono anif cent a pound buhls basis the old oil regulations concerning the free distribution of minnil papers within tho the county were vere unchanged A tax of 5 per cerit cent was inserted in the bill on pleasure boats musical instruments costing less than 10 each were exempted from the provisions of the 6 5 per cent tax on these articles A motion was made it in to reduce the fhe automobile tax to 3 per cent it lit but failed by n large margin |
