The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1894-03-09

charge OF tho collectors OF income taxes,
instead OF tho deputy collectors, ns pro.
yidcd in tho Wilson bill. Tho right OF
appeal against imposition OF unjust
taxes is retained, but tho llnal decision
rost with tho commissioners OF internal
revenue, and not tho secretary oi tho
treasury as provided in the house bill
Tho ordor In which banks, trust arn in
surNnce companies aro taxed is some
what changed, all OF these institutions
being included under general heads In.
stead OF separately. Tho following new
paragraph to the tax Is inserted:
provided that dividends or illtorcst
Nccruing TO states, counties or munich
palitics, and dividends, intOrost or MI
nulttes accruing TO corporations or asso-
Citations organized md conducted solely
for charitable, religious or educational
purposes, or to any trustee or other
iiduCiNry, on stocks, shares, funds or
securities held sololy for charitable, rG-
ligious or educational purposes, or
salaries duo TO tho state, county or
municipal oilicOrs, shall not bO subject
to such tax or deduction"
In taxing salaries OF employees Of cor
porations tho house bill makes 1t tho
duty Of tho corporation TO pay tho tax
Of each cmployo and then deduct 1t from
their salar RIGS. The senate bill relieves
corporations from becoming the tax
payers for its employees and compels
the latter TO make direct payments 10
tho collector.
Tho ontirc section requiring private
corporations 10 notify revenue col
loctors oil all dividends, profits, ETC., de-
clared. il stricken out. This docs not
relieve the corporations from the tax
but does away with tho burden OF mott.
lying tho collector every time dividends
or profits are divided.
This section making 1t perjury to
falsiiy any proceeding under the income
tax Is stricken out
TIE FREE LIST.
Tho free list is not so much changed
as had been supposed it would be and
tho distractions from it arc far moro
numerous than the additions. Tho date
when the FREQ list shall 90 into effect is
changed from June /, 1891, 10 June 80,
1891.
Apples OF all kinds arc stricken from
the free list and placed on the dutiable
list, MS are also beef, mutton and pork
and bonechar suitable for usc in de-
colorizing sugar. Bitrminous coal,
shale, coal, slack and coke are transfer
red to the dutiablo list, leaving anthra-
cite on tho free list. Diamonds and
other precious stones, rough or uncut,
are added to the free list. Iron orc is
taken from the free list. Sugars arc to
bo moved to the dutiable list.
There is touch OF reciprocity or re-
lation in proviso attached to the para
graph admitting plows, harrows, har-
vesters and other agricultural imple-
ments Tree. the proviso being to the ef-
feet that all tho articles mentioned in
this paragraph, "whon imported from
any country which lays IN import duty
on like articles coming from the United
States. arc subject to duties existing
prior TO the passage OF this act."
The administrative features OF the bill
nre substantially identical with those
OF the house bill. This insuros tho cx-
tensivo changes from tho present law,
as the house bill makes q comprehen-
sivc revision OF the entire adminiatra-
ton system.