Norwich bulletin., 1916-05-29
Internal Revenue
 to Net Half Billion
FOR THE FISCAL YEAR ENDING
 JUNE 30, NEXT.
EXCEEDS ALL ESTIMATES
Volume of Money Pouring Into the Treasury Has Steadily Increased Since Last FaIl-ereat Business Boom Largely Responsible.

Washington, May 2S.-Half a. billion dollars will be the governments in- ternaI revenue tax toll for the fiscal year ending June 30 next, according to statement issued today by Secre- tary McAdoo. This sum. which MT. McAdoo says exceeds by many mil lions all previous estimates, will be made up substantially as follows:
 The Greater Sources of Income.
 Taxes on whiskey, beer, cigars. ci- garettes and tobacco, $303 ,0O0, 900. Taxes on the incomes of individuals and corporations, $115, ,00O, 900. Elmer gency tax collections $S3, ,O00, 900.
 Money Pouring Into Treasury.
 The volume of money pouring into the treasury has steadily increased month by month since last fall until 1t is now greater than at any time since the effects of the war began to be felt. MT. McAdoo accounts for the situation as follows:
 Business Boom Responsible.
 The great boom in business is large I ly responsible for the increase in re- ceipts from ordinary internal revenue. | The prosperity of the country with the attendant wider scope of employment and increase in wages, has, in itself, resulted in larger consumption of taxable articles, greatly augmenting the governments revenues.
 Whiskey Increased-Beer Decreased. Consumption of whiskey, cigars and cigarettes and tobacco has increased according to revenues received, while consumption of beer has decreased during the fiscal year. For the first ten months of the fiscal year, receipts Of taxes on cigars, cigarettes and to- bacco increase s5, ,5O5, ,121 over the cor responding period a year ago, due, ir part the statement says, to the grea- improvement in business conditions The statement continues:
 "NotwithStanding the spread of pro. h1o1t1on, collectors on distilled spirit. Tor the first ten months of the curren
 year increased $10,0131 140 lover tht corresponding period of a year ago Ihls is due in great measure to tn, effective enforcement of the interna revenue taxes on distilled spirits. I IS. estimated that through the cam pa1gn of the tFeasr7Fy departmen against undergauging,s equalizing am oIockad1ng in distilleries, the reVenu
 or the government has been increase by probably $50,000, 900 annually. Beer Only Article Showing Decreass
 The only article of taxation showin , a decrease is beer. Because of th
 relatively low tax on fermented Ii , quors and the difficulty of getting un tax-paid beer on the market, the com
 missioner says that the loss in tax O. , beer, on account of fraud has bee negligible and that the decrease due principally to the increase in tn
 prohibition law.
 Cost of Collection 1.45 Per Cent. g Tt is estimated that expenditure l fro mthe revenue appropriation for th current fiscal year will amount to $7,
 100000; and even if the collection
 amount to only s495, COG, ,00O the cost (
 collection will be 1.45 Der cent. tn
 lowest in the history of the interns } | revenue service If the collection
 amount to $5O0,000,0O the cost of col [ lection will approximate LA per cen