The sun. [volume] (New York [N.Y.]) 1833-1916, 1894-01-03
TWO PER CENT. ON INCOMES.
gHE WAITS AND MEANS COMMITTEE
DECIDES ON THE Tx.

I.sor-ss Usdsr $4,000 win Ne Exempted
me-. wiison VIII subu.it the Proposition
us an Amendment TO his Biil-Tes Cents
"a Gallon More Imposed o. whiskey
sns Two Cents - Pack on Playing Cards.
wAsHINoToN. Jan. "A two per cent. tax on
incomes above 81. 900. an additional tax Of ten
cents gallon on whiskey. and q tax OF two
cents pack on playing cards was the decision
reached by the Democratic members Of the
Ways and Means Committee to-day.
This conclusion was not unexpected, mas
much as the committee have been known for
aome time TO be evenly divided on the PROPOSE
ton to tax incomes. with Mr.. Turner OF
Georgia occupying the only position Of doubt.
The committee mot at the Treasury De-
partment at o'clock this afternoon deter
mined to settle TIE question OF an income
tax before adjournment. 1t was rcpro-
sented By such OF the gentlemen rs favored
the proposition that n general income
tax would Yield the Government an annual
revenue Of S30.OO0.0OO; that exem pting in
comes under 81. 900 would limit 1t to q class
amply able to afford it, and that In view OF
tho large deficit that will be caused by the re-
duction in customs duties there was no al
Tentative but TO adopt IL.
some Of the gentlemen who opposed tho tax
DO fatal to the Democratic party. and that it
would DO better to limit the tax to corporations
only and raise the additional revenue neces-
sary from other sources.
Mr.. Cochran OF New York insisted that an in
come tax ought to he laid upon oil incomes
whether large or small. and that any otl9r
course was unwise and ndemocratic. in that
1t did NOT fall on all alike.
When Chairman Wilson out tho proposition
Il
present voted aye. These were Mcssrs. Nc
Millin. Bynum. Tarsnoy. Whiting. Bryan. and
Turner. and 1t was carried. The tax applies
TO the net earnings OF corporations AZ well as
to private incomes. 1t does not however. apply
to inheritances. although that suggestion was
one of the earliest advanced when the matter
first came up for consideration In the commit.
tee month ago.
The additional tax Of 10 cents a gallon on
whiskey includes whiskey now In bond. With
u view to msi;inR the tax fall as lightly as pos
sible upon the owners OF this whiskey 1t was
decided to extend the bonded period to eight
years. It is now three years. It was decided
that the allowance for outage" shall be lin
tied to six years. Tho term outage" Is tech
nically used to express the liquor that is lost
by evaporation and from other Causes after it's
manufacture.
The large revenue arising from the income
tax caused the committee to recede from the
tax Of six cents a pack on playing cards and
reduce 1t to two cents. the moro especially as
It was felt that the maximum tax would provs
an embarrassment to the manufacturers. The
tax OF l.50 per thousand on cigarettes. upon
which the committee agreed several weeks
ago. was allowed to stand
Mr. Wilson. the Chairman Of the Ways and
Means Committee. will NOT present these rev.
enue features. agreed upon to-day. formally to
the House He will announce tomorrow the
conclusions reached by the committee. and
will offer the items rs an amendment to tho
Tariff bill when the latter comes before the
House.
Mr.. Wilson will call up the Tariff bill at the
conclusion OF the morning hour on Wednes-
day and will make short speech in eXplana-
ton. The Chairman Is so exhausted with the
labor which the preparation Of the bill has
imposed upon him that he is In no condition
OF body or mind. as he expressed II Knight.
to do the subject Justice.
He Is unwilling that tho discussion should
be delayed. however. and 1t is for this reason
that no will bring Ii up tom with view
OF disposing OF 1t as quickly as possible.
While there Is no disposition on the par.
either OF Mr.. Wilson or the Democratic ma
jority to prevent the Republicans from de-
batting the matter fully. ii is the Chuirman's
intention to roach II voto on the bill on Jan..l7
DeductinG Sundays. this will leave the bill.
before the House thirteen legislative days.
II 10 Mr. Wilson's intention to limit general
debate to Ave days. Tho remainder OF the
time will be occupied in considering tho meas
ure under the nve-minute rule. Night ses-
sions will DO held in order that mem bers who
desire may have an opportunity to speak. but
unless the present programme is changed. all
debate will be closed on Jan. IL.
At the conclusion Of Mr.. Wilson's remarks
tomorrow. Dir. Burrows Of Michigan. one of
the leading Republican members OF the COM
mittes. will speak In opposition to the bill
THO VOHES TACKLED TIE EDIIOR