New Britain herald., 1917-11-01

the government. LeV1e9 on beverages
| and tobacco have been In operation
so long that most men know how
this tax has become effective. The
consumers are the ones who pay.
There is a three per cent. tax on
all motor vehicles, payable. by manu-
facturers producers and importers.
The same tax is applied to manufac-
turers' sales of musical instruments,
jewelry, sporting goods, and cameras.
Getting into the realm of finance
we find that bonds, debentures, and
certificates of Indebtedness must pay
5 cents on each 500 Of amount be-
fore December 1. Capital stock is
sues and transfers, conveyances Of
real estate, drafts or checks not pay
able at sight or on demand. custom
house entries. playing cards. promis-
sorry notes, except bank notes issued
for circulation. and bills or agree
ments of sale are all subject to stamp
taxation. The. federal tax on estates
has been boosted and now falls on
estates of $4,000 or over by a scale
beginning at per cent. and rising to
% per cent. of the value of estates
in excess OF $1O.0OO,000. Property
left by soldiers and sailors is exempt
from payment of this tax.
Any man who has motor-boat on
the river will pay IS year. Craft
of this kind of over five net tons with
fixed engines and not used exclusive
ly for trade or purposes Of national
defense will be listed in the class Of
yachts, and, as such must pay q tax
based on SO much the running foot,
or length. Oil sent by pipe lines is
taxed 5 per cent. on the amount paid
for the goods and manufacturers
must pay a tax OF two per cent. on
all chewing gums ''or substitute there
for" Sporting goods and games will
pay a general tax of per cent.
Toilet articles and patent medicines
will pay 2 per cent. tax. H..
Each foot of moving picture film
will be taxed q quarter Of q cent.
which will be some source Of Salts
faction to the patrons who are held
up at the door fora penny on each \
dime spent for admission. There is
also a graduate tax Of from 30 to so
per cent. on excess profits. This tax
will be levied on the, basis, Of invested
capital. compared with invested CAPT
tai OF three pre-war years,
1919, and 1915
) On life insurance the tax is placed
At cents on each 800 OF insurance
or fraction .thereofs but, in the case
Of Industrial policies Or $500 or less
on a weekly payment plan the gov
eminent will take, inStsad< Of the
aforementionSd tsxs - per cent. of |
the first premi1m, Bachelors maids
and men, must nay q taa per
cent On their incomes In a1EeAs Of |
d 500. The same per cent. tar is |
levied on married folk, but they will |
not have to pay on incomes under\
$4,000 q year. There are graduated |
surfaces of from to so per cent. on |
Incomes between $1,000 and $1,000
900. The average man, however, will |
not concern himself with these things.
q. Other items are: Four per, cent.
tax on corporations. joint stock COM
panies and insurance companies
Grape juice and other soft drinks
are taxed one cent per gallon.
Tax on prepared syrups and extracts
for non-alcoholic' drinks graduated
from to 20 cents q gallon. House
taxes on gas and electric service elm
insted, Tax of one cent per 81 on
the premium charged on marine,
casualty, and inland insurance.
Nickel theaters and shows. rides and
outdoor park amusements and fairs
with a maximum admission fee OF ten
cents are exempted from paying a
tax. Members Of all clubs, except
certain fraternal orders, paying more
than $12 annual dues must pay 10
per cent. tax
There is a special tax Of 10 per.
cent on munitions manufacturers to
Januarye1, 1913. Also. there is a zone
tax, effective July /, 1918. on second
class publications, with different rates
for reading matter and advertising
matter. Along the same linsa.s there
IL an additional tax Of agent per
pound until July 1, 1919, andA cent
thereafter on religious, fraternal. ag-
ricultural and similar publications.
This about covers the entire bill. It
can be readily seen that the govern