Salt Lake Herald-Republican | 1913-04-09 | Page 8 | Heavy Inheritance Tax is Proposed by Washington Senator

Heavy y Inheritance Tax Is Proposed by Washington Senator I Washington ton April 8 An An Inheritance tax that would run as high as 50 0 per percent percent percent cent on fortunes over oer 1 was a 9 proposed ed in a bill Introduced In the Senate today b by Senator Jones of or Washington Washington Wash Wash- ington The measure would impose In Inheritance Inheritance In- In tax on all estates except where tho the bequest Is to members of ot the immediate family In which case there would bo IH IHan an exemption of ot and anda a n. reduced tax rate The i-The The general Inheritance ta tax proposed is as all follows tollow On estates of less than titan 1 per percent percent I cent from Crom to 2 per cent from to 5 S per cent from t to 10 per cent from Crom to 15 per pcr cent from to 20 0 percent per percent percent cent from Crom to 25 per por cent from front to 40 per cent above CO GO per cent No Xo constitutional amendment would woul be bo necessary for an inheritance tax tox