The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-11-29
INTERNAL REVENUE RECEIPTS
AN INCREASE OF S72,617 900
OVER THE LAST YEAR.
Commissioner Recommends Number
Of Changes in War Tax Laws
How Better Results May Be Had.

Washington. Nov. 2S.-Commissioner
George w. Wilson of the internal revenue
bureau, in his report to the secretary Of
the treasury of the operations OF his office
for the fiscal year ended June 80. 1893.
shows that the receipts from all SOURCES
aggregated S2l3 4S4, 573, an increase over
the preceding year of s72. 617000.
Figures are also presented showing that
the receipts for the first four months of
the present year amounted to sos, l0S. ASS,
an increase over the receipts for the cor
responding period last year OF s9.37S.S07.
While ii may be possible. the commits
sioner says. that this large ratio of in
crease will be maintained during the cur
rent year. he is of the opinion that 1t
would not be wise to anticipate such d
rise. All things considered. the commits
sloner estimates that the receipts from all
sources for the present year will approx
innate s2S5. 900. coo which Is about sil.5go.0Jo
in excess of the receipts for the year
closed June 30. 1899.
The commissioner recommends numer-
Gus amendments to existing laws. includ-
ing the following: Amend the third para
graph of schedule y. relative to bank
checks. by adding after the words order
for the payment of any sum of money"
the words 'or receipt given for with
drawing deposits from banks other than
savings banks
Amend section 20 in the first proviso of
the war revenue act by adding after the
words that no stamp tax shall be i'm
pOStQ upOil dilt QHCOllIOuHUcQ lQtulclildl
drug or chemical. the words except
such as are sold under claim of patent.
trademark or proprietorShip.
Amend section Is by adGing 10 the first
proviso after the words bonds. deben-
lures or certificates of stock or of indebt-
edness-" the words ''or any instrument
document or paper of any kind or de-
scription whatsoever mentioned in sched-
tile A of this act
Amend section IS act of June 13 1895
relative &c stamp tax on parlor car and
sleeping car tickets by providing Il pen
atty for failure to affix stamps.
The commissioner recommends amend
ments to the war revenue act providing
that estates in this country of persons
residing abroad at the time of their death
shall be taxed the same as the estates of
persons residing in this country.
In order to, afford better facilities for
the general distribution of documentary
and proprietary stamps. ii is recommend
ed that purchasers OF such stamps be-
allowed a discount of not less than per
cent when purchased in quantities of not
less than 800.
1t is further recommended that the law
divided profits shall be treated as surplus
in estimating the tax due from banks
The commissioner says that he sees no
special reason for singing out commercial
brokers and requiring special tax from
them. especially as the tax falls in the
main. on a poor class of people. He rec
ommends. therefore, that the tax on com.
mercial brokers be repealed or that other
classes of business. such as commission
merchants and real estate agents be also
required TO pay special taxes,