The sun., 1900-12-06
WAR TAX REDUCTION BILL.
HPi WffANs pROpOsy 70 Ut orr
tROf sWNyO, mn trtR
inc Nrdu''ion T. On Hect. 'issrs. special
'ns's, stamp Ias,.. rr"rfietaf' At'i.
tl"a and IrEattss NIL ~ Ne rrpottrd
20 NnNs aud Mcrns InmmIiIne - DIV.

~ WAYS aUd NcFnS Z ommi'lNe 10 wv
/ N'-utNorpS. Drc Ih" EsruhhrHu
P member. '' tho IIou-" Wns aud Ne1ua
J ''u'ut'" lay completed 'h" work ~
!rr,nr e. ..,l for the reduction ~ ~" war
/ on. 'uuu 'a..- Hrd i win ho pr,s ,s'ui"i 10
, t'c lnll committee e, jito meeting Io-morroN
. morning Il pr,y.des Tor reduction "--
I uuu'ed ~ siuo"u 500 O." tab" o1'c. thirty
, DAYS after becoming % iaV IH" Demo
| cratic members "f the committee hoy" not
l"t decided VIVA, course hcy Will prr.u"
hut vii rrobahl, Offer -nhs'itl'" r"p"llink
Dh" entire Mar R'ycnd" a,t The tnN"- 70
uo,cd and reduced and the - tlnialch nn"prl
, ot rcdu'Jou, ar a- follows
I,Cr s9.S1..il? cigars s5IsJ,76I
Special Taxes -Cominercial brokers. sl3s-
:si, Custom House brokers, ;',lc.. cu-
/ "u-, sl,5ti, theatres, SIIl7', exhibitions
not uthcrw Wise prov i'r1. sSI.?l9 Total spccI'l
taxes. $.s;Dso
Schedule \ Bauk checks. S1.ooo.Uoo c'r-
t.Goltc, Of deposit. 500 o.u. drafts, inland.
100000, promissOr notes. s2.5uU,COo po.tli
ordCr- sGl2ulN foreign bilis of exchange.
$4,000, export bills. Of ladirg go" 900.
cN,r"-S reociIt., sL2uO,Ouu. telephone mes
-1gc,. S7liouo bonds OF Indemnity, $4,000:
certificates other than of profits s,on.0oo.
charter party. slOouDp. brokers contracts.
Sl'Hl.iW'. CONVEY til'fN NN''I'F.' WV y t'i
Dispatches, sso0.Ouu. insurance.. sSooo,Uo0
leases. t2cu.0c; mortgages. s"'o.o,o, passage
tickets s2yo.coO. powers Of attorney. sc
sIDJ.ooo. protest. $.S,ooo. warehouse re-
c,iGt.. s.5OUur total, s2?.?i2,oto
Schedule B--Propriattrv and medicinal
preparations. &c. s}9iN,cN3 l"Eaces, charit-
able. Sc. sioO,UOr. Grand total $4,000 Ou,SIS.
The tan on beer and other fermented liQuOr,
remains N s. Per barrel, as at present. but
the rate Of discount to purchasers OF the
stamps Is increased from - per cent. 10 20
per cent, Wakiq@ aH actual reduction Of %
duoed from s. so 10 SO per thousand The
war tax Oh Cigarettes l. retained. Tia. sTeClal
tayer Oh hdukers. brokers, pnwnbrok kor1.
billiard table. and bowling alleys are retgined.
while hose on commercial aud Custom House
brokers. theatres, circus proprietOrs and
exhibitions are repealed a,,
The tax of nve ccniS on each 500 OF bonds
&c. issued l. retained as l. also the two cent
TAX ON stock sales and transfers ana Of one
on rXpre-, receipts /, abolished, but that on
freight bills Of lading Is retained
The tax of Two cents per slo4 on certincates
on entry = goods AT lhr custom house ana
withdrawal from customs warehouse. All
tlhe other -,anp taxes under Schedule Of
the War Revenue act are repealed.
The taxes on medicinal and proprietary
Preparations, pcitgmery &C. and che WING
mainlny In Schedule h being The tax OF one
cent per pint on wines
The excise taxes Of onc-quarter Of !
per cent. on the gross receipts Of reiiners Of
petroleum and sugar are retained.
The tax on lesaciss is retained, but, a
pruyiso n Inserted eYemptlng from tax be-
quests or lesgcieS for uses of religious,
literary, charitable or educational character. |
including works Of art.
Various amendments are made to the ad- |
ninisUatiys portion of the act to. cure ex-
isting defects. among them the following:
Making the tax payable within one year after |
he Aaot ~ 4
to property in the United States Of non-rss- |
ident testators providing penalties for re- |
fusa to furnish required statements or false |
statemsnts aud providing for the deduction |
of the tax from the particular legacy or dis |
tribuion share on account of which the Same |
IL charged
The "nixsd -four" section ia amended so |
as to make clearer the definition OF that pro- |
duct
Provision IL made for tho redemption Of |
unused stamps in tho hands Of purchase |
when the act takes effect.