The daily gazette., 1882-03-29
ReMm5Glsm OF EntaEnnE Msvomus
Tax.
WARRINGTON. March 20, 1882.

AnAAA0AVAe AA4ANu ASa 4pO1s
The House Committee on Ways and
Means agreed upon . bill to-day to re-
duce internal revenue and instructed
Representative Kelley to report it 10 the
House. The following 10 the text ef
the bill:--
That ON and after the passage of this
acl, except as hereinafter provided, the
taxes herein speclhed impol cd by the In
ternal iegepus laws now in force be and
the same are hereby repealed--namely,
the stamp act on bank checkR, drafts or
ders and vouchers; the tax on the capl-
tails and deposits OF banks, and bankers
under section 3, 3,10S ( the Revised Sta
tutes OF the United States, as amended /;
the tax on the capital and deposits OF
national banks under Gectlon B, ,2l4 Of
said Revised Statutes, not including the
taxes on The capital and deposits Of said
banks, bankers and na'loal backs for
the current slx months period, ending
in the case Of national banks on the 30sh
day Of June, 1882, and IN the case OF
other banks and bankers on the 3lst day
OF May, 1882; the tax on matches, per-
fumery, medical preparations and other
articles imposed by schedule "a" follow
ing section 3,437 Of said Revived Sta
tues.
SEQ. 2.-From and after the fist day
OF May, 1882, rectifers Of distilled sptr-
iss shall pay special tax o. sly, pro-
Vtded tba' any person who r6cil nes, pur'
iiies or reiines / 50 than 300 barrels a
year, couuting 40 gallons OF proof spirits
to the barrel, shall pay e61- Wholssair
| nquor dealers shall ply $50 aud retail
| LIQUOR d. aleIs shall pay $l2; dealers Ia
manufac ured tobacco shi II oay $240
all manufacturers OF tobacco shall pay
| s.; . anufaclurers Of cigars shall pay
S6 whsles ale dealers In mat liquors.
S26; retail dealers, $40; brewers, $50
| provided that any person who manufa :.
tuu lees than eco bArrth year shall
pay $50; pedlsrs Of tobacco, stuff and
\ Q Irs shall pay special taxes as fol TVS
| PedleTs Of the fist class ~ now defined
| bv law, $50; OF the second olassi SD
| Of the tnird Glass, 81 %; and OF the
four tlAss, $500. Matufactursrs OF
stills shall each pay $40 aud $i2 Tor each
| SIN OF worm for dist:lling made hv him
| Ret Ill dealers in Leaf tobacco, $3.50, snd
| thirty ceLts additional for each dollar or
| lhe amount OF the sales In excess o.
SEC. 3. ON cigars OF all descriptions
made Of tobacco or any subst'tuie there
for which shall be hol or removed fol
consumption or sale there shall be pait
BIZ the manufacturer 80 per thousand
on Gig arettes Weighing not more than
three pounds to The thousand, 80 pc
| thousand.
An analysis OF the bill agreed upon b!
tho Ways and Means Committee show
q probable reduction Of internal reveDu'
In S23,3l0, ,280, the calculations beipI
bssed upon the collec iors for the p s
year. The revenue derived last yea
from those taxes which are proposed q
be repealed by the bill aggregated SIC
8g2, $50, distributed rs folIows:-
Capital and deposits OF banks
and bankers othtr than ma
tlonal baaks S3s763. 20
CApl'al and deposits Of nation
Bank Checks 2,253 Al
Matches 3,278. 81
Perfumory, proprietary medi-
cines ana other articles en-
braeed in schedule "a" 1925 OK
The reduction Of tue revenue ar siu
| from the proposed reduction OF the "a
j.. ON cigars from SO to So per ! 900 Is est
mated on tha bass Of last years c5llei
tons at 90, ,666 600, and the aggreRate.T
ductIon OF the revenue resulting froI
the reduction of the spscial taxes iu
= posed upon rect!fiers, Wholesale ar
= rtt tail liquor dealers, brsveIs, dealers
: malt lquoFs, manufacturers OF cigar
: manu- facturers of tobacco and dealers
leaf tobacco estimated q, $3.50 ,4O6. ~
Z, principal items OF reduction under q
head OF special taxes are retail hqu
3 dealers from S25 to Sl2, making q ]
: dnctiou In the revepub OF 81, ,21S BIZ, 81
o dealers in manufactured tobacco fto
. S5 to $2.40, reducing the revenue S
t UU4, ,27a.