Keowee courier. [volume] (Pickens Court House, S.C.) 1849-current, 1914-11-11
WAR REVENUE TAX BILL.
People Of United States Called On to
Make Up Deficiency of Millions.

The people of the United States are
called upon to pay additional taxes to
meet the requirements of the nation
al government on account of the dis
turbance caused by the war IL Flu
rope. When the revenue bill was
first proposed it was designed to raise
q levy of $3.50, 0,000,00O, but shortly
before it's passage this was reduced
by amendments in the Senate and
conference committee to an eStimat-
ed 90,OOO,000. The bill vent into
effect on the day succeeding the date
of it's passage and provides that on
January l, 1916, "the taxes levied
under this act shall no longer be
levied and collected"
The war revenue bill fixes the tax
on beer and other similar fermented
liquor at 81 so barrel, in lieu of the
tax of s. now imposed by law. 1t
further provides that on each bottle
of still wines, domestic or imported,
there shall be levied a tax Of one
half cent on bottles that contain
more than one-f"urth and not more
than one-half pint Of such wine. The
tax on pint is l cent and on quart
is cents. The tax on a quart
Of champagne is 20 cents. Such
taxes shall be paid by stamps affixed
to each bottle.
The Occupation Tax
section Of the bill went into effect
November 1st, and provides special
annual taxes as follows:
Bankers shall pay 81 for each
$1,000 of capital used or employed,
and in estimating capital, surplus and
undivided profits shall be included;
brokers shall pay $50; pawnbrokers
shall pay $50; commercial brokers,
$40; custom house brokers, $40;
proprietors of theatres, museums and
concert halls, where admission is
charged, having a seating capacity Of
not more than $50, shall pay $25;
having a seating capacity Of not more
than 500 and more than $50, $50;
of not more than 500 or more than
500, SIS; Of more than 500 500.
The proprietors Of circuses shall pay
$1CO. Proprietors Of bowling alleys
and billiard rooms shall pay SIS for
each alley or table. Commission
merchants shall pay $40. Proprie-
tors or agents of all other public eX-
hibitions or shows for money not
enumerated above shall pay $40.
Special taxes on tobacco dealers
and manufacturers, to be computed
on the annual sales for the preceding
fiscal year, shall be imposed annually
after December 1, 1914, as follows:
Dealers in leaf tobacco, with sales of
less than $4,000 pounds, shall pay
Sc, further taxes being graduated.
Every person, whose business is to
sell manufactured tobacco, shall be
regarded as a dealer of tobacco and
shall be subject to tax of $3.50 for
each store, where the receipts from
such sales exceed 5000. Manufac-
turers of cigars, whose annual sales
do not exceed 100000 cigars, shall
pay SO; 100000 cigars, Sc; 400,-
600 cigars, $12; 100000 cigars.
$500; 2O,0O0,000 cigars, $500; ex-
ceeding 100000, $2.496.
Stamp Taxes.
Bonds, debentures or certificates
OF Indebtedness issued after Decem-
ber /, 1914, shall bear a stamp tax
of cents on each 500 of face value
or fraction thereof Promissory
notes, except bank notes issued for
circulation, and for each renewal of
the same, for sum not exceeding
500, shall bear a stamp tax of 2
cents, and for each additional 500
or fractional part thereof 2 cents.
Express and freight companies shall
fix a stamp Of the value Of l cent to
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