La Junta tribune. (La Junta, Bent County, Colo.) 1881-1939, 1898-06-25

1 articles OF consumption with the tax that
shall be paid by each The revenue rails
ed from this source viii approximate H.
10000 day:
Beer and Ale. ..05 = barrel
Tobacco. ....... .........l2c u pound
Cigarettes es-............ $500 per 1000
Bank checks. &c stamp
| Manif~sts of express package. -.lo stamp
| Long distance telephone call. ic
Telegraph message. lc
tndemnifytng bond. DOC
Life-insurnnce policy. for each 500. 1oc
Benefit Society Insurance-ao per cent.
of first weeks premium.
| Fire Insurnnoe-One-hA of ] per cent.
on each dollar insured.
! IeAse-Onc year. 25c; years, soc; over
| years. 81.
/ MortgAge-undcr I,5OO. 25e; for each
$500 over 91,5OO, :5c.
Passage to Foreign Countries-Not sI-
eeeding $50. 81; not exceeding $50.
] %. over 500. IS.
Patent Medicine-For each &c value, one
eighth of 1 per cent.
Perfumery-for each Sc value. onc-eighth
of per cent.
Wine. ...........-..-..... lc = pint
OIL and Suxar-Renners are taxed one
fourth of 1 per cent. on gross receipts
exceeding o:5O,Ooo.
Tea ..lOc = pound
The additional tax on all fermented iq-
| uors stored In warehouses and already
stamped is to be assessed and collected.
Brewers are allowed ~ per cent discount
on stamps purchased. Other taxes that
went into effect with the signing OF the
bill are an additional tax Of cents
pound on tobacco and snufY. an addition
al 60 cents a thousand on cigars and
cigarettes weighing more than three
| pounds to the thousand ana an addition
al 80 cents a thousand on cigarettes
weighing not more than three pounds to
the thousand. A one ounce package of
smoking tobacco. and one and two thirds
ounce, two and one-haf ounce and
three and one-thlrd ounce packages
| Of tobacco and snun are author
lied In lieu of two, three and four
ounce packages. Dealers having q stock
on hand in excess of 600 pounds OF tobac-
| CO. or 1900 cigars or cigarettes. stamps
Affixed subsequent to April II at the old
rate. must make returns to collectors
within thirty days for assessment of Q
tax equal TO one-half the difference be-
tween the tax already paid at the time
of removal from the factory and the new
rate. The excess on hand only II to be
| returned. and the tax will be assessed on
the excess. which will be paid to collect
ors after notice. No additional stamps
are to be afiixed to such stock on hand.
upon HfOsS receipts OF persons, Nrm8.
companies and corporations engaged in
| refining petroleum and sugar, or owning
or controlling any pipe line for trans
| porting oil or other products in excess of
| S25o. 900. a tax of one-quarter Of l. cent an
nually In imposed which II now In effect,
Returns are to be made monthly.An i'm
port tax Of 10 cents . pound is imposed
upon tea. which takes effect Immediately
The following special taxes take effect
on and after July 1: Bankers. graduat-
- ma hrnI
commercial brokers. $50: custom house
brokers. SO: proprietors OF theaters, 300:
proprietors of circuses. 800: proprietors Of
shows for money. SO: proprietors of bowl
ing alleys and billiard rooms. for each al.
ley or table. S: dealers in leaf tobacco,
graduated. minimum. s.: dealers in tobac-
co whose sales exceed 5000 pounds, $l2:
manufacturers OF tobacco. graduated,
graduated. minimum. So: manufacturers
and packers of mixed flour. 81. The last
tax n not imposed until sixty days after
the passage OF the act. which would make
It effective Aug. L. 1885 All persons en-
gagged In the business on that date are re-
quired to make returns before the end of
/, August and pay the special tax reckoned
from Aug. !. 1888. to the first day Of July
following.
Wall Street Hit Hard.
| II win delight the hearts of many per-
sons TO know that the cigarette dends''
| must contribute very largely to the tax.
| ON the 5000, 900 900 cigarettes which they
annually consume the tax will amount
TO about t3.oo0.0co more than now Al
ready the dealers are announcing their
| new price lists. Packages of six cigar
cites OF the standard cheap brands will
/ be sold for the same price a. packages OF
ten are now being sold for. Men OF money
who hold seats on the exchanges will
! have to pay their share toward helping
{. Uncle Sam win his fight against Spain
also. The tax on the transactions of tho
/ New York stock exchange alone viii
| amount to C.0oo. 600 year and the other
exchanges will pay In proportion. Prob
| ably IS. 600 900 will be raised in that way in
that city alone The government viii get
about $2.ooo0p more from the people on
Manhattan island alone through the doub-
ling Of the Inheritance tax. which ranges
from per cent on what you inherit
from your lineai ancestors or descendants
\ TO per cent on the fortune left you BY
! your wife's uncles brothers aunt or other
distant relative.
Then there IN the tax on the big CORPORA
tions and trusts to be collected, but thev
say they VIII not pay It. and win nght
the matter in the courts. An attempt q,
embarrass Uncle Sam In war dime l. :
serious matter. The trusts had bettsr so
slow and pay their way. The people gen.
orally. however, seem quite Willing to heln
Uncle Sam to raise money.
The tax stamp Of eighty cents on everv
0.eo Of life Insurance 10 expected to draw
Q0.0ooe@ year from ths life insurancs
companies, but the hre and marine insur-
ancs companies win not contribute ~.
than 81. &.ooo.0oo . year.
Every vessel Of over 90 tons entersn~
OF clearing from any port win have -
pay tax Of 3. and this With srndusts6
e1af9ee ON The merchandise carried vf3
Sees1 about u7S.eoo year.
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