OCR Text |
Show INCREASE IN OLEOMARGARINE Tho production of oleomargarine increased in-creased from 92.2S2.815 pounds In 190 to l39,73o,42C pounds In 1910. Of this latter amount .3,491,978 pounds w?ro taxed at ten cents per pound. It will thus he noted that over 07 per cnt of all tho olcomarfrarlno mannfacturod during the last fiscal year was taxed at only one-fourth cent per pound. These figures are Issued by tho federal feder-al Internal revenue commissioner and aro authentic. They clearly demonstrate demon-strate tho fact that the oleoma; purine buslncBa is not working under such a burden aa many people think. People Peo-ple have heard 8o much atxuit tho ten cent tax on artificially colored oleiv rnarparlno that they have naturally asseiclated this tax with all oleomargarine. oleomar-garine. As a matter of fact less than 3 per cent of the total product Is taxed at ten cents per pound, the remainder be-Ing be-Ing taxed only a quarter of a cent per pound An effort will probably bo made by tho oleomargarine manufacturers to secure the repeal of the ten-cent tax at the present sesion of eongref. These statistics indicate that the claims advanced that the present law is a "burden upon the poor man bo-cause bo-cause it taxes his butter ten eent6 per pound," Is not founded upon fact. |