Show CIST GIST OF TAX BILL PASSED BY HOUSE exeen excess crofit ro fit tax repealed effective january 1 1922 transportation tr airport ion taxes repealed repealed effective january 1 3 19 1922 12 express and oil pipe pip line transportation taxa taxes repealed january 1 1927 income surtaxes on incomes over to a maximum of 32 per cent effective it I 1 wa income exemption to married persons laving having income incomes of or ie tent in creased from 2000 to 2500 effective january 1 11 l income exemption to of family eased from to for jacb minor child thild or dependent dependents effective january it 1 1921 ice let cream and coda poda fountain taxes repealed effective with passage of act luxury tax repealed effective with passage of act stamp tax on proprietary medicine medicines aul toilet article articles repealed deflective january 1 1922 manufacturer manufacturers tax en on candy candir reduced from 5 to 3 per cent manufacturer manufacturers tax on fur furs reduced from 10 to 5 3 per cent corporation income tax increased Inere asea 2 per cent manufacturer manufacturers tax on cereal beverage beverages near beer beers increased from 15 per cent ad valorem valoree to 1 4 tent cent a gallon tax of 10 cent tents a gallon laid on fountain syrups manufacturer manufacturers tax of 2 cent tents a gallon ti for the 10 20 per cent ad I 1 alfrem valorem tax on ale male price of unfermented juice leverage beverages carbonated water witter or leverage beverages and other oft soft drinks in containers eonta inen manufacturer tax tair of S 2 cents eat a gallon laid on fruit juice juices and 3 cent a gallon on still drink drinks instead of 10 20 per cent ad valrea tax distilled Dif tilled spirit spirits diverted to beverage purpose ieh fi or for use in manufacture of any article intended for ue use a as beverage pit p f gallon manufacturer manufacturers tax of S 5 cent tents a pound on carbonic acid manufacturer manufacturers tax of 5 3 per cent on mom cm merchandise exemption from tax on firt first TOO received irom investment in building and arld loan associations personal ervice service corporation made Sill jeet to corpo torpo afon AVIon taxes on earning earnings or profit profits accumulated after december 31 1919 income incomes in excess of from capital assets taxed at is 15 per cent domestic life insurance Inaura nee L tympanic are taxed 1 12 1 per cent on bet net income incomes |