The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1914-09-24
BEER, GASOLINE AND
BANKERS BEAR BRUNT.

An emergency revenue bill 70
provide lO5,OO0,0OO, taxing beer,
wines, gasoline, sleeping and par
Tor ear tickets, insurance. tele-
graph and telephone messages. a.
mlisemenis and variety of docu-
ments, has been agreed to by
Democrats Of the house ways and
means committee, and will doubt
less become law.
Republicans of both House and
senate have already gone ON rec
ord TO opposition 20 any war tax
measure. Democrats hope TO
rush the bill through the House.
The big figh, will be in the Sen
ate.
The committee increased the in
lernal revenue tax ON beer by
ID cents barrel, making the new
tax total $50. Domestic wines
are TO be taxed 20 cents a gallon
on sweet wines and II cents a
gallon on dry wines. Gasoline is
10 be taxed two cents a gallon.
Many items of the bill are a..
dopted verbatim from the Span
lsh war tax bill of 1898. includ-
ing the administrative features.
Stamp tax provisions and the
tax on tobacco dealers. brokers.
bankers and amuscmonts are ear
ricd in schedule 4. which viii con
tinue IN effect until December 81 ,
1919 The remainder of the bill
will bee IN force until repealed.
Bankers are to be taxed ~ on
each $1,000 of capitol, surplus end
undivided profits; brokers will
pay $50 each, pawn brokers 500,
commercial brokers $50. customs
house brokers $40. Proprietors
of theatres, museums and concert
halls in cities of $4,000 population
or more are to pay 500 each. Cir
Gus proprieiors are to pay 800
a year, proprieicrs of other ex-
$40 and proprictors of
owing alleys and billiards rooms
bowling alleys or tables
Tobacco dealers aud manufac-
mrers are 10 be- taxed the same as
IN 1895 except that in the largest
class tobacco dealers not speci-
ricany provided for the tax ~
to be $50 each. la 1898 there
was sl2 tax ON tobacco dealers
having annual sales of 5000
pounds or more
Bonds and certificates Of i'm
dcbtedncss are taxed five cents
for each SlO0 involved, and ex-
press and freight receipts one
cent each. while mandatory
provision that the shippers must
pay this tax. Telephone messages
are 10 be taxed one cent on all
tolls of - cents or more ard tele-
grams one cent message.
The bill carries taxes OF %
cents ON each indemnity bond,
two cents ON each certificate of
profits. % cents on each certifi-
cate of damage and 10 cents for
each certificate not especially
provided for
Life insurance policies are to be
taxed eight cents ON each $loo
and fire. marine, casualty, fidelity
and guaranty insurance policies
one half cent ON each dollar rs IN
1895 Goods withdrawn from
customs houses will pay a stamp
tax of 80 cents, AS in 1898, but
the - cent tax on each ware
house receipt imposed IN 1898 ~
omitted. The 1898 tax of from
% cents to 81 for entry of goods
at customs houses, according to
values, is unrcnewed,
For each seat in the palace or
parlor ear and for each berth IN
a sleeping ear the tax now is to
be two cents, against the one
cent war tax of 1898.
Other provisions are brokers
contracts. 10 cents; deeds and
other conveyanccs. 80 cents. when
not exceeding $500 in amount,
and 30 cents for each additional
$500: mortgages, % cents for
each 81, 500; power of attorney ia
vote. 10 cents; power of attorney
10 sell, ~ cents; protest OF q
note. bill of acceptance, etc, ~
cents.
Because of the constitutional
auestion the committee eliminated
altogether bills of foreign ex
change charter agreements
manifests and foreign bills OF lad
ing. and also struck out all refer
enea to STAMP tax on checks, Dlll'