OCR Text |
Show WAK REVENUE ! . REVISED 001 j WASHINGTON, Nov. 23. The war j. revenue bill, was revised downward by , tho senate finance committee today almost to the sbc billion dollar estl- ; mate proposed for 1919. Reduction of i , the special taxes was virtually com- ' ( pleted. Among the miscellaneous items stricken from tho bill today were the j proposed taxes of two cents each on . bank checks, estimated to raise $50,- : 000,000 or more, and the tax of 1 per ; cent on gross sales of mall order ; houses with sales In excess of $100,000 f annually, estimated to raise $5,000,000. In lieu of the 10 per cent tax oa , : , i sales to consumers of perfumes, cos-motics, cos-motics, pills, patent medicines, and '. m similar articles, the committee adopt- : ed a tax of 5 per cent upon manufac- . ' turors wholesale sales. All of the stamp taxes, except that on bank checks, were retained. Several reductions In the special ', taxes on brokers were ordered. The house tax of $100 on stock brokers was , cut to $40, The ship and customs houso , ;. ( brokers tax of $50 was reduced to $4 ; , as compared with $20 and $10 respec- -tively under present law. The committee commit-tee also reduced tho $200 license tax' , of the house on circus proprietors to $100, the present rate, and tho houso tax of $20 on proprietors of other pub- j rj lie exhibitions for profit was reduced , u to $15. : n |