Middletown transcript., 1914-10-31
Get Ready to Pay Your War
Taxes, Some in Effect Now
Adhesive Stamp Levies Which VIII Hit the Majority Of
People, VIII Not Be Assessed Until
December
SPECIAL TAXES NOT TO BE IN FORCE TILL NOV

Washingten.-Tha war revenue bill
which was passed by Congress and
signed by the President has gone into
effect as to most of its features.
The excep tions are special taxes IN
Sec. 3 on bankers, brokers and proprie-
tors Of theatres and circuses and the
tax on tobacco dealers and manufac'
turers, which will go into effect by
special provision on November 1, and
stamp taxes in Schedules A and Br'
The stamp taes are the ines that
will affect the average man on the
street. They will not go into effect un.
III December /. There are a few
other exceptions, but they are unim'
pOrtant.
Adhesive Stamp Taxes Effective
December 1.
The adhesive stamp taxes are the
ones which in most cases will fall
directly on the average citizen. Here
they are:
Bonds, debentures, certificates OF
indebtedness by any association,
company or corporation, new issues,
e1OO par value, each five cents.
Sales or agreements to sell stock,
500 par value, each two cents.
Agreement of sale Of products or
merchandise on exchanges, each
500, one cent.
Promissory notes, except bank
notes for circulation and renewals
each 800, two cents.
Bundles shipped by freight and
express, one cent.
Telegraph and telephone compan-
les, one cent on each message over
fifteen cents.
Senders Of telephone or telegraph
messages on each over Is cents, one
cent.
Certificates of profits Of corpora
tions, etc., and transfers thereof,
face value each 800, two cents.
Damage certificates, ETC., twenty
iVe cents.
Other certificates required by law,
ten cents.
Brokers note or memorandum of
sale, ten cents.
Deeds or realty transfers valued
between 800 and $500. fifty cents.
Deeds do, each additional $500,
fifty cents.
Entry of goods at custom houses,
800 value, twenty-five cents.
Ditto, not exceeding $500 value,
ffty cents.
Ditto, not exceeding $500 value 81.
Entry for withdrawal of goods
from customs bonded warehouse
fifty cents.
Insurance of property, new or re-
newed policies, each 81, one-half of
. cent.
Policies of insurance or bond of
nature of indemnity for loss, each
81, one cent.
Passenger tickets by sea to foreign
ports costing less than $40, one dol
lar.
Ditto, not exceeding $50, three dol
lars.
Ditto, exceeding $50, five dollars.
Perfumery, cosmetics, etc, vase
line, hair dyes, tooth washes, grad
ed in values Of five cents up to 10
cents, each five cents of value, one
eighth of a cent.
Ditto, valued from 10 to 25 cents,
hve eights of a cent.
Ditto, each additional % cents re-
tail, fve-eights Of cent.
Chewing gum, ETC., valued less
than a unit, four-tenths of a cent.
Ditto, each additional 81, four
tenths Of a cent.
Voting powers or proxies, ten
cents.
Power to convey real estate, pro-
tests, twenty-five cents.
Palace or parlor car seat or berth,
one cent.
The conference committee change'
the telegraph and telephone tax to re
uuire the company to collect it from
the person paying for the message,
In lieu Of the word SENDER"
The Government will collect tn
sleeping car ticket tax from the com
panies.
The tax imposed under the new Law
shall not be levied after Dec. 81, 1915
Taxes on DrinkabIes.
The principal feature of the law
the tax on beer, which will be $3.50
barrel, or so cents more than is i'm
posed under the present law. The ta
is a stamp revenue, and is to be i'm
posed on "all beer, lager beer, ale
porter and other similar fermente
liquor, brewed, manufactured, sold 0
stored in warehouse, or removed 70
consumption or sale within the Unite
States, by whatever name such liquor
shall be called"
The new law also taxes all stiller
wines, domestic and imported, whel
sold or offered for sale or consumI
ton, as follows:
Per bottle of quarter pint or less.
IA cent.
D., Bottle containing more than one
4NNS~~.N4N.~~~~NN.N
EXPORTS LIMBER EXCHANGE.
Heavy Buying Of War Supplies an,