Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-06-02

Of ,aXinr other places where admission
is charged
LICENSE rANf:S TAKE PLACE
OF T.iN ON MiNUFACTuRERS
Treasury experts estimate that there
are l.i1o.oho owners of automobiles
subject to tho $50 tax. 10000 subject
20 the Sio levy; l,2!n.ooo in the SIS
class. and .3l.ocN subject to the 500
rate The license taxes. payable by
motor-vehic!e owners direct, take the
place OF the House tax of per cent
rpon manufacturers OF such vehicles.
The committees section would provide:
That on and after July /. 1917.
Speciai taxes shall be. and hereby are.
imposed annually on owners of auto
mobiles aud motorcycles. The rate of
taN 10 be based on each autom mobile or
motorcycle as follows:
".Iotorcyclcs $3.50 automobiles.
listed retail price at time of purchase
moi over $500. $3.50: over $500 and not
over |l,o70. $40; over Il 600 and not
over $1,000. SIS; over S2oo0 and not
over i5.ooo. 500 ;3.no9 on over. 22i
PROVIDED that the special taxes
herein imposed shall not apply ~
manufacturers and dealers AZ 10 un-
solo automobiles and motorcycles held
tor sale. or 70 owners of automobiles
or motorcycles used exclusively for
business; provided further that evil
dence of payment of the tax shall b.
by receipt or stamp to he attached 10
automobile % motorcycle. under such
rules and regulations as may be pre-
scribed bv the Commissioner of In
termal Revenue, with the approval o.
the Secretary of the. Treasury and
provided further that the special lax
paid within fiscal year shall not b.
imposed again within that fiscal year
If ownership changes"
TO FRO, REDUCTION
F0R EACH YEARS USE
modification to he drafted later
Will provide reduction of 10 per
cent in the license taxes for each
years use Of automobiles up To five
Years. or maximum allowance Of
80 per cent
An amendment to the income tax
section written into the bill to-day
would Iepeal the provision OF th.
Underwood act of 1918. providing for
collection of income taxes at their
source and require those receiving the
taNabl" incomes to make n direct pay
m"ri of taxes TO the TREASURY As :,
substitute for the present requirement
"f collection 1T the source. th, com.
mittee adopted new prircinIe uf
"information at the source" r.uuir.
inS corporations and Others under
heavy penalties To report to the Treas
ury Department tho names OF ucrsons
ana amounts of income subject to taxa
tioih rms plan. the committee be.
iieNeS. VIII prevent much evasion in
ably and promote honesty of the laws
Foperat'on and enforcement; Reports
viii he required on All incomes i'm .x-
cess OF $500 annually
The committee will make no change
IN 'he income normal tax. surtax aud
/ exemptions in the House bill. except
the elimination. previously agreed
upon. of extra surtaXes on incomes of
more than 100000
INCREASES IN TAXES
ON CIGARS AGREED siHOS
ON the theory of c%emptirg from l.>,
alton articles used by the poor the
committee. in changing cigar taxes. de-
cided 20 exempt from any tax increase
cigars made TO sell for less than
cents each Increases in taxes on
cigars agreed upon were as follows:
Upon cigars made to seh from to
cents each. 81 per 1000: those sclli:g
between and - cents. So per 200:
between l2E and 20 cents 81 per | 900
ana over 20 cents. s. per I.uUI The
House rates generally were abou, The
same but based upon differen, stand
ards.
The committee also decided to-day to
repeal existing tariff provisions allow
Ing "dra awbacks" to sugar refiners. Sem
ator Broussard. of Louisiana, urged
the action. The change. II Is said, Will
operate TO benefit domestic sugar pro-
ducers. and, incidentally. reduce Fed
eral revenues about $l6.000,000. The
drawbacks" are virtually repaymcnts
of custom duties to rehners after they
refine and export imported raw sugar