The Valentine Democrat. [volume] (Valentine, Cherry Co., Neb.) 1896-1898, 1898-06-23

s s SUMMARY OF THE WAR TAXES. S S
8 H#
"a Classified List of Licenses Excise and Special Stamp s.
Ta Taxes of the New Law. E1

-HE new war revenue bill has

THE new war revenue bill has be-
come q law. President Mckinley
L made it such by affiXing his sigma
ture Monday afternoon, and as orig ginally
provided the act went into effect on the
day succeeding its passage. Few branches
of industry and commercial life are exempt
ed from the operation of the law. Busi-
ness men will therefore find the following
classified summary of the provisions OF
the bill not only convenient, but invalua-
BILE, for constant reference:
Annual Lie nse Taxes.
BANKERS.
On capital and surplus $50 on s250,O0t
capital; So on each additional $1,000.
BROKERS.
Yearly license tax, $50 and stamp tax
Of cents on each 500 Of face value on
bonds stocks, shares, etc, and 9 cents on
each 500 Of face value ON each note OF
memorandum Of sale.
COMMERCIAL BROKERS.
Yearly license tax Of $50.
CUSTOM HOUSE BROKERS'.
Yearly license tax of $40
INSURANCE AGENTS
Yearly license tax Of ST. and stamp taxes
on life policies Of 10 cents on each 500;
marine. inland, fire, casualty. fidelity and
guarantee insurance, one-half of l cent on
each 81 premium charged. II
MANUFACTURERS OF MINED FLOUR
Four cents ON each barrel and an annual
license tax Of S12.
PROPRIEToRs OF PUBLIC SHOWS.
Theaters, museums, concert halls, cir
cuses, 500. All other public entertain.
ments, S10 Bowling alleys, billiard rooms
S5 for each alley or table.
This provision regarding theaters and con.
cert halls applies to cities Of over $4,000.
PAWNBROKERS.
Yearly license tax of $50.
General Taxes.
BREWERS.
ON beer. lager, ale. porter and all ferment-
ed liquors, 81 Per barrel Of 81 gallons, less
"a per cent. ON stamps purchased for such
tax.
CIGARMAKERs.
Three dollars and 60 cents on each LOCO
cigars weighing more than three pounds; 81
per 1000 weighing less than three pounds,
and an annual tax on sales at the rate of Sc
on 100000 cigars; S12 on 900 cigars; $24
On more than 600 cigars.
CIGARETTE MAKERS
Three dollars and 60 cents on. every 1000
cigarettes weighing more than three pounds;
Sl.5o on every 1000 weighing less than three
pounds.
IMPORTERS OF TEA.
Ten cents pound on all teas
SUGAR AND PETROLEUM REFINBRS.
One-quarter of per cent. on annual gross
receipts In excess Of s25O,00O.
IObACCo MANUFACTURERS
Twelve cents per pound ON all tobacco and
snuff and an annual tax. based on yearly
sales at the rate OF Sc on $1,000 pounds or
less; ST. On more than $4,000 pounds; S24
on 100000 pounds.
Special Stamp Taxes.
BROKERS'
Two cents on each note or memorandum
Of sale and 500 annual license tax.
PARLOR AND SLEEPING CARS.
One cent on every ticket sold for seat or
berth.
SCHEDULE B." MANUFACTURERS.
(a) OF medicinal, proprietary articles and
preparations; (b) all articles made under pat
ented right or trademark Except food prod
ucts and commercial fertilizers); (c) per
fnmery, cosmetics, etc, Eli:st pay stamp
taxes at the rate Of 1s of l cent on 5 cent
articles. "a of l cent on 10 cent articles, q
Of a cent between 10 and 10 cent articles;
g Of a cent on 23 cent articles and q of a
cent for each addftiona! 70 cents retail
price.
: NOTE.-Dealers in above enumerated ar
ticles must stamp goods In stock at these
rates when sold at retail.