The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1866-04-09
;TFnEnrERNALR EvIxUE.

Important Amendmenets--ProPoses
10 Reduce the Tax fifty 3InIIOns---
The Points Of Reduction.
WAsH1NoIoS, April Git was stated
some days ago that the Ways and
Means Committee would probably re-
mort the amended internal revenue bill
This week. There first intention was 10
embody the changes in the rates Of duly
in one bill, and the changes IN me
method OF assessment aud collections
in another bill. They, however, con-
cIuded to report on the whole subject IN
one general bill, the preparation OF
which delays their report II IS now
probably thnt it will be made somet lHe
next week The committee nave come
to the conclusion that the DuIden OF " =
stion may safely be reduced NIFTY mil
Hons Of dollars, and have determined
10 "a amend the law as 70 reduce to
tItnf amount. In making this redue-
zion. they follow the rule of exempting,
NJ much as possible, raw materials en-
terinR into general consumption AL
sooetRer the committee have not yet
ss1,nnieted their Inbors, 1t is understood
thatthe following, among other changes,
will he made: The additional tax on
manufactures, imposed by the act OF
last winter. will be abrogHfed, so that II
will stand at i've per cent, as IN the
first law. The tax on all articles OF
clothing Will De lAIBeAy IuSst-1 t
license amounting 10 about one per
cent. only will be required. The Tree
Iisf will comprise the following articles;
ssIonohtered animals, lead, copper, brass
and other metals; ingots, stubs, pig iron;
certain agricultural implements, such
as p1ows, harrows, rakes, fan
ming mills, pitchfoTks, and all paints I;
ali manufactured oils, except those
made from coal; all mineral waters /;
All articles used by stereotypers and
IIthopTaphers lime, cement, brick and
starch. The two and n half per cent
tax on gross railroad receipts IS repeal
ed, as are all internal duties on coal.
The tax on crude petroleum, VIII , pc
largely reduced, If not entirely taken
OF. That oD whisky will not be chang
al The tax on cotton Is still in doubt.
II IL proposed to make Il live cents per
T,ound. but manufacturers insist on a
drawback on goods for export which IS
strongly resitfed by many members
from the agricultural districts. There
is oiso dotibs as to income tax. The
Committee at one time agreed to the
ayemption of four hundred dollars for
sinult5 men. six hundred dollars for
married men without families, and fif-
" dollars additional for each child IN a
family, with uniform rate OF i've per
conf. on all above these exemptions
hut Il quite likely that this scale may
he changed before the bi!l Is reported.
The licenses for tailors, milliners and
Inantuamakers Will be abrOgated, as
perhaps will also be those for snoemak-
ers and bIacksmiths. The repeal OF In
ternaI revenue taxes on paper, books,
types and ink, and whatever enters
into the manufacture of books and
newspapers will also be recommended.
The reductions generally are not quite
So sweeping as these recommended by
the Internal Revenue Commissioner,
bnt Il has been the aim OF the commit
tee to repeal many Of the small taxes,
which bring in little revenue, and are
expensive and veXHtiOus.